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 7LE . 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 40 homes on Redlands, we would have expected roughly 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 5 property sales in Redlands with 0 sold as new, averaging about 1 home sales per year . The average price per square metre (per square foot) in Redlands, Houghton Le Spring is £1,817 sqm (£168 per sq ft), this is from the Land Registry price paid of the 5 most recent sales.
The majority of homes in Penshaw are now selling for between £1,100 and £2,180 per square metre , find out more in this local analysis of DH4 7 (Penshaw) house prices.
The average size of all the properties on Redlands is 84 m2 (904 sqft).