Loefield house price trends

The scatter plot below reveals the house price trend for Loefield. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only DH3 4H . 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 17 homes on Loefield, 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 7 property sales in Loefield with 0 sold as new, averaging approximately 1 home sales per year . The average price per square metre (per square foot) in Loefield, Great Lumley is £1,308 sqm (£121 per sq ft), this is from the price paid of the 7 most recent sales.
The majority of homes in Great Lumley are now selling for between £1,840 and £2,760 per square metre , find out more in this local analysis of DH3 4 (Great Lumley) house prices.
The average size of all the properties on Loefield is 76 m2 (818 sqft).