Rainbow Drive house price trends

The scatter plot below reveals the house price trend for Rainbow Drive. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only L31 1BZ . 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 32 homes on Rainbow Drive, we would have expected approximately 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 7 property sales in Rainbow Drive with 0 sold as new, averaging roughly 1 home sales per year . The average price per square metre (per square foot) in Rainbow Drive, Melling is £2,056 sqm (£191 per sq ft), this is from the Land Registry sold price of the 7 most recent sales.
The majority of homes in Melling are now selling for between £2,410 and £3,280 per square metre (£223 and £304 per square foot) , find out more in this local analysis of L31 1 (Melling) house prices.
The average size of all the properties on Rainbow Drive is 93 m2 (1,001 sqft).