16, MURRAYFIELDS, WEST ALLOTMENT, NEWCASTLE UPON TYNE, NE27 0RD - £285,000

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.

16 MURRAYFIELDS is a very small detached house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £295,507. It was last sold for £285,000 in September 2024, which was around 21% below the average September 2024 detached price in the North Tyneside local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

16 MURRAYFIELDS Sold Prices

Land registry data shows two sales for 16 MURRAYFIELDS since 1^st 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 16 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
2024 27 SEP	£285,000	£360,012	21% below HPI
2020 11 DEC	£230,000	£303,969	24% below HPI

16 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 two 16 MURRAYFIELDS sales from December 2020 and September 2024 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 2020 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2024 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 16 MURRAYFIELDS be worth now?

16 MURRAYFIELDS might now be worth an estimated £295,507.

This is based on house price inflation of 3.7%, between September 2024 and May 2026, 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 3.7% inflationary increase is applied to the most recent sale price for 16 MURRAYFIELDS of £285,000 on 27th September 2024. For the value to have increased from £285,000 to £295,507 over the two years and four months to May 2026, the following assumptions must hold true:

• The value of 16 MURRAYFIELDS has moved in line with the HPI for detached houses in the North Tyneside local authority area.
• The September 2024 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MURRAYFIELDS has not materially changed since September 2024.

How Large is 16 MURRAYFIELDS?

16 MURRAYFIELDS is 87m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% of detached houses in Tynemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Tynemouth, and where 16 MURRAYFIELDS lies on this distribution: 19% of detached houses are smaller than 16 MURRAYFIELDS, and 80% of detached houses are larger. Note that EPC data is not available for all properties in Tynemouth.

16 MURRAYFIELDS: Plot

16 MURRAYFIELDS sits on a plot of roughly 293.6 acres, or 1,188,029m².

Where is 16 MURRAYFIELDS?

16 MURRAYFIELDS is located in WEST ALLOTMENT, in the NE27 postcode district. The below map shows the position of No. 16 on MURRAYFIELDS.