Fernwood house price trends

The scatter plot below reveals the house price trend for Fernwood. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only TS10 4N . 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 45 homes on Fernwood, we would have expected about 6 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 11 property sales in Fernwood with 0 sold as new, averaging approximately 2 home sales per year . The average price per square metre (per square foot) in Fernwood, Redcar is £1,935 sqm (£179 per sq ft), this is based on the selling price of the 11 most recent sales.
The majority of homes in Redcar are now selling for between £1,530 and £2,160 per square metre , find out more in this local analysis of TS10 4 (Redcar) house prices.
The average size of all the properties on Fernwood is 71 m2 (764 sqft).