Merefield house price trends

The scatter plot below reveals the house price trend for Merefield. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only PR7 1UP . 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 25 homes on Merefield, we would have expected approximately 3 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 Merefield with 0 sold as new, averaging approximately 2 home sales per year . The average price per square metre (per square foot) in Merefield, Chorley is £2,861 sqm (£265 per sq ft), this is from the sold price of the 9 most recent sales.
The majority of homes in Chorley are now selling for between £2,210 and £3,070 per square metre , find out more in this local analysis of PR7 1 (Chorley) house prices.
The average size of all the properties on Merefield is 196 m2 (2,109 sqft).