Hopedene house price trends

The scatter plot below reveals the house price trend for Hopedene. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only NE10 8J . 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 16 homes on Hopedene, we would have expected roughly 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 6 property sales in Hopedene with 0 sold as new, averaging approximately 1 home sales per year . The average price per square metre (per square foot) in Hopedene, Gateshead is £1,666 sqm (£154 per sq ft), this is from the Land Registry price paid of the 6 most recent sales.
The majority of homes in Gateshead are now selling for between £1,580 and £2,330 per square metre (£146 and £216 per square foot) , find out more in this local analysis of NE10 8 (Gateshead) house prices.
The average size of all the properties on Hopedene is 76 m2 (818 sqft).