Redlands house price trends

The scatter plot below reveals the house price trend for Redlands. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only DH4 7L . 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 41 homes on Redlands, we would have expected about 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 8 property sales in Redlands with 0 sold as new, averaging roughly 2 home sales per year . The average price per square metre (per square foot) in Redlands, Houghton Le Spring is £1,750 sqm (£162 per sq ft), this is based on the Land Registry price paid of the 8 most recent sales.
The majority of homes in Penshaw are now selling for between £1,240 and £2,450 per square metre (£115 and £227 per square foot) , find out more in this local analysis of DH4 7 (Penshaw) house prices.
The average size of all the properties on Redlands is 83 m2 (893 sqft).