Property profile

2 Spence Terrace

Map showing 2 Spence Terrace, North Shields

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£75,000

Flats sold in North Shields

The box shows the middle 50% of flats sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold22 Apr 2016
£58,500Change since last sale: +£14,000 (+25%)
Annualised change
+2.2% per yearNorth Tyneside annualised change (flats) since 2016: +2.7% per yearThis property's value grew slower than the market
Price per sq ftLocal median £213 per sq ft
£113 per sq ftEstimate vs local median: −£100 per sq ft (−47%)
Local sold pricesMedian for flats in North Shields
£160,000Estimate vs local median: −£87,000 (−54%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeFlat / Mid-Terrace
TenureLeasehold
Construction period1900-1929
Floor area60 m² / 646 sq ft
Rooms3 habitable / 3 heated
Floor level3
EPC ratingD
EPC inspection14 Oct 2022

Sales history

DatePriceChange
22 Apr 2016£58,500-

Local market

Property prices in North Shields

Median price£170,000
Price per sq ft£225
Sales (last 12 months)180
Typical range (middle 50%)£135K – £242K

Based on 180 recent sales, the median property price is £170,000 (about £225 per square foot) in North Shields area, with individual transactions ranging from £37,000 up to £700,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in North Shields over the last year.
TypeSalesMedian£/sq ft
Detached5£325,000£289
Semi-Detached12£244,500£267
Terraced60£200,000£242
Flats103£160,000£213

10-year price trendmedian sale price in North Shields

Sale price

Ten year median sale price trend for each property type in North Shields.
YearDetachedFlatsSemi-DetachedTerraced
2016£113,750£149,000£151,896
2017£210,000£93,500£137,500£140,500
2018£221,500£129,500£225,500£166,250
2019£195,000£125,000£217,250£170,500
2020£212,500£112,500£200,000£155,000
2021£245,000£139,975£175,000£213,000
2022£349,500£154,000£166,250£201,000
2023£335,000£154,000£183,500£205,000
2024£307,500£144,000£181,000£199,950
2025£300,000£157,000£240,000£167,000
2026£266,500£159,000£181,500£207,500
Ten year median sale price trend for each property type in North Shields.

Price per sq ft

Ten year median sale price per square foot trend for each property type in North Shields.
YearDetachedFlatsSemi-DetachedTerraced
2016£154£177£160
2017£213£131£202£159
2018£231£169£205£192
2019£206£218£212£177
2020£220£154£189£177
2021£252£188£208£182
2022£303£209£222£199
2023£306£199£232£207
2024£267£205£216£210
2025£296£203£244£226
2026£248£206£269£257
Ten year median sale price per square foot trend for each property type in North Shields.

Price distribution by property typelast 12 months

Price distribution by property type for North Shields in the last year.

Recent sales

There were 50+ recent sold properties in the last 18 months near NE29 0JD.

Recent sold properties in the last 18 months near NE29 0JD
DateAddressTypeTenurePriceMap
28 Mar 20253, Chirton West View, North Shields, NE29 0EPTerracedFreehold£157,500
16 Oct 202529, Hopper Street West, North Shields, NE29 0EGFlatsLeasehold£72,000
11 Jun 202644, Spring Gardens, North Shields, NE29 0JQTerracedFreehold£245,000
26 Feb 202619, Spring Gardens, North Shields, NE29 0JQSemi-DetachedFreehold£242,000
14 Nov 202530, Spring Gardens, North Shields, NE29 0JQSemi-DetachedFreehold£230,000

Other properties at this postcode

AddressTenureFloor areaLast sale
1 Spence Terrace, North ShieldsLeasehold58 m²£35,000 (2019)
4, Spence Terrace, North ShieldsLeasehold66 m²£49,000 (2016)
5, Spence Terrace, North ShieldsLeasehold63 m²£68,000 (2018)
6, Spence Terrace, North ShieldsLeasehold68 m²£74,950 (2014)
7 Spence Terrace, North ShieldsFreehold65 m²£75,000 (2023)
8, Spence Terrace, North ShieldsLeasehold72 m²£66,500 (2016)
9, Spence Terrace, North ShieldsFreehold60 m²£91,500 (2007)
10, Spence Terrace, North ShieldsLeasehold66 m²£74,950 (2015)
11 Spence Terrace, North ShieldsLeasehold62 m²£67,000 (2023)
12 Spence Terrace, North ShieldsLeasehold71 m²£63,500 (2020)

Area insights for NE29 0JD

Full area profile →

Overview

Postcode NE29 0JD is located in a major urban area, within the North Shields ward of North Tyneside in the North East region, and forms part of the North Shields area. It has high deprivation and average crime levels, with around 61.9 crimes per 1,000 residents per year, about 47% below the North East average of 117 per 1,000. The average income per household in North Shields is £41,974 per year. The nearest station is Heworth, about 5.6 miles away. There are 10 primary and 2 secondary schools in the area. There are 2 parks nearby, the closest small park is Alexander Scott Park.

Crime rate
6/10
Crimes per 1k residents
62
Deprivation level
7/10
Income level
5/10
Social housing
0.6%
Connectivity
N/A
Flood Risk
No risk
Noise Level
High

Deprivation level

7/10

North Shields has a high level of deprivation, ranked at position 10,652 out of 32,844 areas in the United Kingdom, placing it within the top 32% most deprived areas in England.

Crime level

6/10

North Shields has an average crime rate, with approximately 61.9 reported incidents per 1,000 population each year.

Social housing

0.6%

Approximately 0.6% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 14.3% of dwellings are socially rented.

Income level

5/10

The average income per household in North Shields is £41,974 per year.

Noise Level

High

High noise level (70.0-74.9 dB) from road, approximately 1 ft away from NE29 0JD.

Flood risk

No risk

North Shields near NE29 0JD has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Heworth located about 5.6 miles away. There are no other stations nearby.

Parks

Nearby parks and green spaces for NE29 0JD
DistanceNameSizeDirections
0.2 miAlexander Scott ParkSmallWalking directions to Alexander Scott Park
0.4 miNorthumberland SquareSmallWalking directions to Northumberland Square

Area Profile

Population
272
Population density
12,522.9 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
27.53(-29%)
Anti-social behaviour
13.08(-40%)
Other theft
9.64(+61%)
Vehicle crime
7.57(+84%)
Burglary
6.19(+38%)
North East average

Demographics

Ethnic groups

British
211
78.44%
Other White
16
5.95%
Other Asian
12
4.46%
Pakistani
7
2.6%
Other Mixed or Multiple ethnic groups
5
1.86%
Total population: 269

Economics

Education (age 16+)

Level 4+ (Degree)
73
32.3%
Level 3 (A level)
46
20.35%
No qualifications
32
14.16%
Level 2 (GCSEs 9-4)
32
14.16%
Level 1 (GCSEs 3-1)
26
11.5%
Total 16+ residents: 226

Housing

Housing tenure

Private landlord or letting agency
71
45.22%
Owns with a mortgage
40
25.48%
Owns outright
33
21.02%
Other forms of private rent
10
6.37%
Shared ownership
1
0.64%
Total households: 157

Schools

In the NE29 0JD postcode area, located within North Shields, there are 10 primary and 2 secondary schools in close proximity.

Nearby primary and secondary schools for NE29 0JD
DistancePhaseNameTypeRating
0.1 miPrimarySt Cuthbert's Catholic Primary School, North ShieldsAcademy converter

N/A

0.2 miPrimarySpring Gardens Primary SchoolAcademy converter

N/A

0.3 miPrimaryWaterville Primary SchoolCommunity school

Good

Local amenities

15 nearby supermarkets & convenience stores within mi of NE29 0JD

Nearby supermarkets & convenience stores for NE29 0JD
DistanceNameAddressDirections
0 miLifestyle Express33 Spence Terrace, North Shields, NE29 0JEWalking directions to Lifestyle Express
0.1 miAldiHawkeys Lane, North Shields, NE29 0SFWalking directions to Aldi
0.2 miPremier Chirton Wines28-32 Chirton Green, North Shields, NE29 0JRWalking directions to Premier Chirton Wines
0.2 mi1 O’Clock Store44 Sidney Street, North Shields, NE29 0DPWalking directions to 1 O’Clock Store
0.2 miLondisFront Street, North Tyneside, NE29 0JTWalking directions to Londis