New Elvet house price trends

The scatter plot below reveals the house price trend for New Elvet. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only DH1 3AH . 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 New Elvet, 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 6 property sales in New Elvet with 0 sold as new, averaging approximately 1 home sales per year . The average price per square metre (per square foot) in New Elvet, Durham is £3,668 sqm (£340 per sq ft), this is based on sold property prices of the 6 most recent sales.
The majority of homes in Durham are now selling for between £2,640 and £3,740 per square metre , find out more in this local analysis of DH1 3 (Durham) house prices.
The average size of all the properties on New Elvet is 79 m2 (850 sqft).