55, MURRAYFIELDS, WEST ALLOTMENT, NEWCASTLE UPON TYNE, NE27 0RD - £281,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

55 MURRAYFIELDS is a midsized detached house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £299,282. It was last sold for £281,000 in October 2022, which was around 20% below the average October 2022 detached price in the North Tyneside local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

55 MURRAYFIELDS Sold Prices

Land registry data shows four sales for 55 MURRAYFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Most of the four 55 MURRAYFIELDS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 28 OCT	£281,000	£349,874	20% below HPI
2014 7 MAR	£188,000	£239,404	21% below HPI
2006 30 JUN	£222,000	£228,515	3% below HPI
1999 29 JUL	£94,950	£85,461	11% above HPI

55 MURRAYFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The four 55 MURRAYFIELDS sales between July 1999 and October 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 55 MURRAYFIELDS be worth now?

55 MURRAYFIELDS might now be worth an estimated £299,282.

This is based on house price inflation of 6.5%, between October 2022 and February 2025, for detached houses, in the North Tyneside local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.5% inflationary increase is applied to the most recent sale price for 55 MURRAYFIELDS of £281,000 on 28th October 2022. For the value to have increased from £281,000 to £299,282 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 55 MURRAYFIELDS has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The October 2022 sale price of £281,000 represented a fair market value for the property.
• The size, condition, and specification of 55 MURRAYFIELDS has not materially changed since October 2022.

How Large is 55 MURRAYFIELDS?

55 MURRAYFIELDS is 106m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 50% of detached houses houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tynemouth, and where 55 MURRAYFIELDS lies on this distribution: 43% of detached houses houses are smaller than 55 MURRAYFIELDS, and 56% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

55 MURRAYFIELDS: Plot and Title Map

55 MURRAYFIELDS sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 55 MURRAYFIELDS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 55 MURRAYFIELDS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 55 MURRAYFIELDS?

55 MURRAYFIELDS is located in WEST ALLOTMENT, in the NE27 postcode district. The below map shows the position of No. 55 on MURRAYFIELDS.