Fernlough house price trends

The scatter plot below reveals the house price trend for Fernlough. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only NE9 6S . 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 approximately 17 homes on Fernlough, we would have expected approximately 2 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 5 property sales in Fernlough with 0 sold as new, averaging roughly 1 home sales per year . The average price per square metre (per square foot) in Fernlough, Gateshead is £1,146 sqm (£106 per sq ft), this is from the price paid of the 5 most recent sales.
The majority of homes in Gateshead are now selling for between £1,550 and £2,600 per square metre , find out more in this local analysis of NE9 6 (Gateshead) house prices.
The average size of all the properties on Fernlough is 84 m2 (904 sqft).