Melrose Avenue house price trends

The scatter plot below reveals the house price trend for Melrose Avenue. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only NE9 5Y . 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 32 homes on Melrose Avenue, we would have expected about 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 13 property sales in Melrose Avenue with 0 sold as new, averaging about 3 home sales per year . The average price per square metre (per square foot) in Melrose Avenue, Gateshead is £2,469 sqm (£229 per sq ft), this is from sold house prices of the 13 most recent sales.
The majority of homes in Gateshead are now selling for between £1,660 and £2,640 per square metre , find out more in this local analysis of NE9 5 (Gateshead) house prices.
The average size of all the properties on Melrose Avenue is 88 m2 (947 sqft).