60, MURRAYFIELDS, WEST ALLOTMENT, NEWCASTLE UPON TYNE, NE27 0RF - £140,000

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.

60 MURRAYFIELDS is a very small semi-detached house of 69m², built sometime between 1996 and 2002, which could now be worth an estimated £194,550. It was last sold for £140,000 in May 2018, which was around 13% below the average May 2018 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

60 MURRAYFIELDS Sold Prices

Land registry data shows five sales for 60 MURRAYFIELDS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. Most of the five 60 MURRAYFIELDS sales were for above 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
2018 4 MAY	£140,000	£160,854	13% below HPI
2018 29 MAR	£155,000	£161,243	4% below HPI
2005 28 OCT	£155,000	£133,613	16% above HPI
2002 23 AUG	£99,000	£72,719	36% above HPI
1999 30 SEP	£59,700	£50,249	19% above HPI

60 MURRAYFIELDS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Tyneside local authority area over time, sourced from the HPI. The five 60 MURRAYFIELDS sales between September 1999 and May 2018 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 2018 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 60 MURRAYFIELDS be worth now?

60 MURRAYFIELDS might now be worth an estimated £194,550.

This is based on house price inflation of 39%, between May 2018 and February 2025, for semi-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 39% inflationary increase is applied to the most recent sale price for 60 MURRAYFIELDS of £140,000 on 4th May 2018. For the value to have increased from £140,000 to £194,550 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 60 MURRAYFIELDS has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The May 2018 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 60 MURRAYFIELDS has not materially changed since May 2018.

How Large is 60 MURRAYFIELDS?

60 MURRAYFIELDS is 69m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 10% of semi-detached houses houses in Tynemouth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Tynemouth, and where 60 MURRAYFIELDS lies on this distribution: 5% of semi-detached houses houses are smaller than 60 MURRAYFIELDS, and 95% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

60 MURRAYFIELDS: Plot and Title Map

60 MURRAYFIELDS sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 60 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 60 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 60 MURRAYFIELDS?

60 MURRAYFIELDS is located in WEST ALLOTMENT, in the NE27 postcode district. The below map shows the position of No. 60 on MURRAYFIELDS.