Lake Rise house price trends

The scatter plot below reveals the house price trend for Lake Rise. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only RM1 4EE . 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 about 32 homes on Lake Rise, we would have expected roughly 4 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 9 property sales in Lake Rise with 0 sold as new, averaging about 2 home sales per year . The average price per square metre (per square foot) in Lake Rise, Romford is £5,703 sqm (£529 per sq ft), this is calculated from the Land Registry price paid of the 9 most recent sales.
The majority of homes in Romford are now selling for between £4,480 and £5,630 per square metre , find out more in this local analysis of RM1 4 (Romford) house prices.
The average size of all the properties on Lake Rise is 121 m2 (1,302 sqft).