Park Lane house price trends

The scatter plot below reveals the house price trend for Park Lane. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only NE27 0TL . 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 39 homes on Park Lane, we would have expected about 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 9 property sales in Park Lane with 0 sold as new, averaging about 2 home sales per year . The average price per square metre (per square foot) in Park Lane, Shiremoor is £2,317 sqm (£215 per sq ft), this is from sold property prices of the 9 most recent sales.
The majority of homes in Shiremoor are now selling for between £1,860 and £2,970 per square metre (£172 and £275 per square foot) , find out more in this local analysis of NE27 0 (Shiremoor) house prices.
The average size of all the properties on Park Lane is 79 m2 (850 sqft).