Reed Lane house price trends

The scatter plot below reveals the house price trend for Reed Lane. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only IP28 8ZA . 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 17 homes on Reed Lane, we would have expected roughly 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 Reed Lane with 0 sold as new, averaging roughly 1 home sales per year . The average price per square metre (per square foot) in Reed Lane, Red Lodge is £3,354 sqm (£311 per sq ft), this is from the price paid of the 6 most recent sales.
The majority of homes in Red Lodge are now selling for between £2,490 and £3,420 per square metre , find out more in this local analysis of IP28 8 (Red Lodge) house prices.
The average size of all the properties on Reed Lane is 102 m2 (1,097 sqft).