Morecambe Close house price trends

The scatter plot below reveals the house price trend for Morecambe Close. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only RM12 5LU . The blue circles represent individual sales. You can touch or click on each blue dot to see more detail about the specific sales.

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There are about 37 homes on Morecambe Close, we would have expected roughly 5 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 5 property sales in Morecambe Close with 0 sold as new, averaging approximately 1 home sales per year . The average price per square metre (per square foot) in Morecambe Close, Hornchurch is £5,365 sqm (£498 per sq ft), this is based on the price paid of the 5 most recent sales.
The majority of homes in Elm Park are now selling for between £4,470 and £5,350 per square metre , find out more in this local analysis of RM12 5 (Elm Park) house prices.
The average size of all the properties on Morecambe Close is 81 m2 (871 sqft).