Rails Lane house price trends

The scatter plot below reveals the house price trend for Rails Lane. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only PO11 9L . 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 62 homes on Rails Lane, we would have expected about 8 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 7 property sales in Rails Lane with 0 sold as new, averaging roughly 1 home sales per year . The average price per square metre (per square foot) in Rails Lane, Hayling Island is £2,970 sqm (£275 per sq ft), this is based on sold house prices of the 7 most recent sales.
The majority of homes in Hayling Island are now selling for between £3,150 and £4,800 per square metre (£292 and £445 per square foot) , find out more in this local analysis of PO11 9 (Hayling Island) house prices.
The average size of all the properties on Rails Lane is 87 m2 (936 sqft).