Spencer Way house price trends

The scatter plot below reveals the house price trend for Spencer Way. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only RH1 5LY . The blue circles represent individual sales. You can touch or click on each blue dot to see more detail about the specific sales.

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There are about 43 homes on Spencer Way, we would have expected roughly 6 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 Spencer Way with 0 sold as new, averaging approximately 1 home sales per year . The average price per square metre (per square foot) in Spencer Way, Redhill is £4,472 sqm (£415 per sq ft), this is based on the Land Registry price paid of the 5 most recent sales.
The majority of homes in Redhill are now selling for between £4,390 and £5,900 per square metre (£407 and £548 per square foot) , find out more in this local analysis of RH1 5 (Redhill) house prices.
The average size of all the properties on Spencer Way is 82 m2 (882 sqft).