Rake Lane house price trends

The scatter plot below reveals the house price trend for Rake Lane. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only NE29 8EY . 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 16 homes on Rake Lane, we would have expected about 2 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 6 property sales in Rake Lane with 0 sold as new, averaging approximately 1 home sales per year . The average price per square metre (per square foot) in Rake Lane, North Shields is £2,361 sqm (£219 per sq ft), this is calculated from the price paid of the 6 most recent sales.
The majority of homes in North Shields are now selling for between £1,690 and £2,860 per square metre (£157 and £265 per square foot) , find out more in this local analysis of NE29 8 (North Shields) house prices.
The average size of all the properties on Rake Lane is 86 m2 (925 sqft).