Penningtons house price trends

The scatter plot below reveals the house price trend for Penningtons. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only CM23 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 50 homes on Penningtons, we would have expected approximately 7 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 Penningtons with 0 sold as new, averaging approximately 1 home sales per year . The average price per square metre (per square foot) in Penningtons, Bishops Stortford is £5,328 sqm (£494 per sq ft), this is based on the sold price of the 5 most recent sales.
The majority of homes in Bishops Stortford are now selling for between £4,560 and £5,630 per square metre (£423 and £523 per square foot) , find out more in this local analysis of CM23 4 (Bishops Stortford) house prices.
The average size of all the properties on Penningtons is 116 m2 (1,248 sqft).