Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
61 MURRAYFIELDS is a midsized detached house of 119m², built sometime between 1996 and 2002. It was last sold for £255,000 in May 2014, which was around 4% above the average May 2014 detached price in the North Tyneside local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 61 MURRAYFIELDS since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Tyneside local authority area for the corresponding sale date. Both of the two 61 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 |
---|---|---|---|
2014 29 MAY | £255,000 | £245,849 | 4% above HPI |
1999 17 DEC | £117,950 | £92,836 | 27% above HPI |
The below graph shows the average detached house price in the North Tyneside local authority area over time, sourced from the HPI. The two 61 MURRAYFIELDS sales from December 1999 and May 2014 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 December 1999 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the May 2014 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.
61 MURRAYFIELDS is 119m² according to the EPC inspection conducted in February 2014. This puts it in the largest 50% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 61 MURRAYFIELDS lies on this distribution: 57% of detached houses are smaller than 61 MURRAYFIELDS, and 42% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.
61 MURRAYFIELDS sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 61 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 61 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.
61 MURRAYFIELDS is located in WEST ALLOTMENT, in the NE27 postcode district. The below map shows the position of No. 61 on MURRAYFIELDS.