Faraday Street house price trends

The scatter plot below reveals the house price trend for Faraday Street. The graph is constructed by plotting the price per square meter by date for all sales in Faraday Street. It includes postcodes DL17 8PD , DL17 8PE . The blue circles represent individual sales. You can touch or click on each blue dot to see more detail about the specific sales.

View data in table form

There are roughly 27 homes on Faraday Street, we would have expected about 3 sales each year given that in the UK people sell their homes on average once every 7 years.
In the last 4 years there have been 7 property sales in Faraday Street with 0 sold as new, averaging approximately 1 home sales per year . The average price per square metre (per square foot) in Faraday Street, Ferryhill is £839 sqm (£77 per sq ft), this is calculated from the price paid of the 7 most recent sales.
The majority of homes in Ferryhill are now selling for between £590 and £1,320 per square metre (£54 and £122 per square foot) , find out more in this local analysis of DL17 8 (Ferryhill) house prices.
The average size of all the properties on Faraday Street is 71 m2 (764 sqft).