Balmoral house price trends

The scatter plot below reveals the house price trend for Balmoral. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only DH3 4L . 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 17 homes on Balmoral, we would have expected about 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 7 property sales in Balmoral with 0 sold as new, averaging about 1 home sales per year . The average price per square metre (per square foot) in Balmoral, Great Lumley is £1,957 sqm (£181 per sq ft), this is based on the price paid of the 7 most recent sales.
The majority of homes in Great Lumley are now selling for between £1,850 and £2,740 per square metre , find out more in this local analysis of DH3 4 (Great Lumley) house prices.
The average size of all the properties on Balmoral is 77 m2 (828 sqft).