Rae Avenue house price trends

The scatter plot below reveals the house price trend for Rae Avenue. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only NE28 9JP . 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 45 homes on Rae Avenue, we would have expected approximately 6 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 Rae Avenue with 0 sold as new, averaging about 1 home sales per year . The average price per square metre (per square foot) in Rae Avenue, Wallsend is £2,104 sqm (£195 per sq ft), this is based on the selling price of the 5 most recent sales.
The majority of homes in Wallsend are now selling for between £1,840 and £2,770 per square metre (£170 and £257 per square foot) , find out more in this local analysis of NE28 9 (Wallsend) house prices.
The average size of all the properties on Rae Avenue is 68 m2 (731 sqft).