70, MURRAYFIELDS, WEST ALLOTMENT, NEWCASTLE UPON TYNE, NE27 0RF - £161,500

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.

70 MURRAYFIELDS is a very small semi-detached house of 69m², built sometime between 1991 and 1995, which could now be worth an estimated £234,623. It was last sold for £161,500 in October 2015, which was around 5% above the average October 2015 semi-detached price in the North Tyneside local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

70 MURRAYFIELDS Sold Prices

Land registry data shows four sales for 70 MURRAYFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the North Tyneside local authority area for the corresponding sale date. All of the four 70 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
2015 9 OCT	£161,500	£153,864	5% above HPI
2004 7 MAY	£139,950	£115,448	21% above HPI
2000 15 DEC	£69,000	£52,881	30% above HPI
1998 24 APR	£59,950	£47,727	26% above HPI

70 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 four 70 MURRAYFIELDS sales between April 1998 and October 2015 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 May 2004 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the October 2015 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 70 MURRAYFIELDS be worth now?

70 MURRAYFIELDS might now be worth an estimated £234,623.

This is based on house price inflation of 45.3%, between October 2015 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 45.3% inflationary increase is applied to the most recent sale price for 70 MURRAYFIELDS of £161,500 on 9th October 2015. For the value to have increased from £161,500 to £234,623 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 70 MURRAYFIELDS has moved in line with the HPI for semi-detached houses in the North Tyneside local authority area.
• The October 2015 sale price of £161,500 represented a fair market value for the property.
• The size, condition, and specification of 70 MURRAYFIELDS has not materially changed since October 2015.

How Large is 70 MURRAYFIELDS?

70 MURRAYFIELDS is 69m² according to the EPC inspection conducted in September 2014. 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 70 MURRAYFIELDS lies on this distribution: 5% of semi-detached houses houses are smaller than 70 MURRAYFIELDS, and 95% of houses are larger. Note that EPC data is not available for all properties in Tynemouth.

70 MURRAYFIELDS: Plot and Title Map

70 MURRAYFIELDS sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 70 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 70 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 70 MURRAYFIELDS?

70 MURRAYFIELDS is located in WEST ALLOTMENT, in the NE27 postcode district. The below map shows the position of No. 70 on MURRAYFIELDS.