Penn Lane house price trends

The scatter plot below reveals the house price trend for Penn Lane. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only DE73 8E . 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 Penn Lane, 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 5 property sales in Penn Lane with 0 sold as new, averaging approximately 1 home sales per year . The average price per square metre (per square foot) in Penn Lane, Melbourne is £4,425 sqm (£411 per sq ft), this is calculated from sold house prices of the 5 most recent sales.
The majority of homes in Melbourne are now selling for between £3,090 and £4,020 per square metre (£287 and £373 per square foot) , find out more in this local analysis of DE73 8 (Melbourne) house prices.
The average size of all the properties on Penn Lane is 142 m2 (1,528 sqft).