Red Rails house price trends

The scatter plot below reveals the house price trend for Red Rails. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only LU1 5N . 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 38 homes on Red Rails, we would have expected approximately 5 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 Red Rails with 0 sold as new, averaging about 1 home sales per year . The average price per square metre (per square foot) in Red Rails, Luton is £3,484 sqm (£323 per sq ft), this is based on the sold price of the 7 most recent sales.
The majority of homes in Luton are now selling for between £2,780 and £3,900 per square metre , find out more in this local analysis of LU1 5 (Luton) house prices.
The average size of all the properties on Red Rails is 85 m2 (914 sqft).