Thames Reach house price trends

The scatter plot below reveals the house price trend for Thames Reach. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only SE28 0NY . 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 40 homes on Thames Reach, we would have expected approximately 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 Thames Reach with 0 sold as new, averaging roughly 1 home sales per year . The average price per square metre (per square foot) in Thames Reach, Thamesmead is £4,181 sqm (£388 per sq ft), this is calculated from the sold price of the 5 most recent sales.
The majority of homes in Plumstead are now selling for between £4,240 and £5,930 per square metre , find out more in this local analysis of SE28 0 (Plumstead) house prices.
The average size of all the properties on Thames Reach is 51 m2 (548 sqft).