Wear Terrace house price trends

The scatter plot below reveals the house price trend for Wear Terrace. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only SR8 3JX . 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 15 homes on Wear Terrace, we would have expected approximately 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 9 property sales in Wear Terrace with 0 sold as new, averaging about 2 home sales per year . The average price per square metre (per square foot) in Wear Terrace, Peterlee is £886 sqm (£82 per sq ft), this is based on the sold price of the 9 most recent sales.
The majority of homes in Peterlee are now selling for between £550 and £1,330 per square metre , find out more in this local analysis of SR8 3 (Peterlee) house prices.
The average size of all the properties on Wear Terrace is 98 m2 (1,054 sqft).