Lorimers Close house price trends

The scatter plot below reveals the house price trend for Lorimers Close. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only SR8 2N . 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 19 homes on Lorimers Close, 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 5 property sales in Lorimers Close with 0 sold as new, averaging roughly 1 home sales per year . The average price per square metre (per square foot) in Lorimers Close, Peterlee is £1,947 sqm (£180 per sq ft), this is calculated from the Land Registry price paid of the 5 most recent sales.
The majority of homes in Peterlee are now selling for between £820 and £1,320 per square metre (£76 and £122 per square foot) , find out more in this local analysis of SR8 2 (Peterlee) house prices.
The average size of all the properties on Lorimers Close is 193 m2 (2,077 sqft).