Bannockburn house price trends

The scatter plot below reveals the house price trend for Bannockburn. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only NE12 6QJ . 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 31 homes on Bannockburn, we would have expected about 4 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 Bannockburn with 0 sold as new, averaging roughly 1 home sales per year . The average price per square metre (per square foot) in Bannockburn, Killingworth is £1,775 sqm (£164 per sq ft), this is calculated from the price paid of the 5 most recent sales.
The majority of homes in Killingworth are now selling for between £1,640 and £2,840 per square metre (£152 and £263 per square foot) , find out more in this local analysis of NE12 6 (Killingworth) house prices.
The average size of all the properties on Bannockburn is 67 m2 (721 sqft).