Penrose Place house price trends

The scatter plot below reveals the house price trend for Penrose Place. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only NE31 2A . 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 roughly 29 homes on Penrose Place, we would have expected roughly 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 9 property sales in Penrose Place with 0 sold as new, averaging roughly 2 home sales per year . The average price per square metre (per square foot) in Penrose Place, Hebburn is £2,520 sqm (£234 per sq ft), this is based on the selling price of the 9 most recent sales.
The majority of homes in Hebburn are now selling for between £1,420 and £2,600 per square metre , find out more in this local analysis of NE31 2 (Hebburn) house prices.
The average size of all the properties on Penrose Place is 82 m2 (882 sqft).