Lakemore house price trends

The scatter plot below reveals the house price trend for Lakemore. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only SR8 1DZ . 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 44 homes on Lakemore, we would have expected about 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 10 property sales in Lakemore with 0 sold as new, averaging about 2 home sales per year . The average price per square metre (per square foot) in Lakemore, Peterlee is £1,694 sqm (£157 per sq ft), this is calculated from the price paid of the 10 most recent sales.
The majority of homes in Peterlee are now selling for between £1,150 and £2,290 per square metre , find out more in this local analysis of SR8 1 (Peterlee) house prices.
The average size of all the properties on Lakemore is 67 m2 (721 sqft).