13 Spence Terrace, North Shields, NE29 0JD is a leasehold flat built between 1900-1929. The property offers approximately 818 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £51,887 , which equates to approximately £63 per square foot. It was last sold on 26 Jun 1998 for £13,750. Since then, the value has increased by £38,137, representing a 277.4% increase, or approximately 10.1% per year.

The current estimated value of £51,887 is:

  • 52.4% lower than the average property price on Spence Terrace
  • 46.2% lower than the average in the NE29 0JD postcode area
  • and 78.5% lower than the average price for North Shields as a whole

View sold house prices in NE29 0JD

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
818 sq ft
Tenure
Leasehold
Price (estimate)
£51,887
Price Per sq ft (estimate)
£63
Bedroom Count (estimate)
2 bedrooms

EPC Summary

13 Spence Terrace, North Shields, North Tyneside, Tyne And Wear, NE29 0JD has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 14 Feb 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 7 Jul 2009. The rating of D remains the same, but the energy efficiency score improved by 19.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water system was changed from gas multipoint to from main system, with its energy efficiency improving from average to good.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NE29 0JD

23 rd / 23
Price Rank
46% lower than average
3 rd / 21
Size Rank
11% bigger than average
21 st / 21
Price Per Sq FT Rank
51% lower than average

Compared to other properties in NE29 0JD , this flat's estimated value ranks 23th out of 23. Based on price per square foot, it ranks 21th out of 21 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 3rd out of 21 properties in its postcode area.

Sale History

Today
£51,887
streetscan.co.uk estimate
+277 %
26 Jun 1998
£13,750
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 700 sq ft
sale price: £75,000
sale date: 18 Apr 2023
rooms: 4
size: 764 sq ft
sale price: £63,500
sale date: 6 Apr 2020
rooms: 4
size: 775 sq ft
sale price: £66,500
sale date: 8 Jul 2016
rooms: 4
size: 710 sq ft
sale price: £49,000
sale date: 15 Jan 2016
rooms: 3
size: 710 sq ft
sale price: £74,950
sale date: 30 Jan 2015

Data Sources

The property at 13 Spence Terrace, North Shields, North Tyneside, Tyne And Wear, NE29 0JD appears once in the Land Registry records, with the transaction recorded on 26 Jun 1998. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Feb 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.