Riverhead house price trends

The scatter plot below reveals the house price trend for Riverhead. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only LN11 0DD . 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 roughly 37 homes on Riverhead, 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 Riverhead with 0 sold as new, averaging approximately 2 home sales per year . The average price per square metre (per square foot) in Riverhead, Louth is £2,256 sqm (£209 per sq ft), this is based on sold property prices of the 8 most recent sales.
The majority of homes in Louth are now selling for between £1,920 and £2,740 per square metre (£178 and £254 per square foot) , find out more in this local analysis of LN11 0 (Louth) house prices.
The average size of all the properties on Riverhead is 67 m2 (721 sqft).