Pennyfields house price trends

The scatter plot below reveals the house price trend for Pennyfields. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only PO22 6BN . 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 approximately 16 homes on Pennyfields, we would have expected roughly 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 Pennyfields with 0 sold as new, averaging roughly 1 home sales per year . The average price per square metre (per square foot) in Pennyfields, Bognor Regis is £3,325 sqm (£308 per sq ft), this is based on the sold price of the 5 most recent sales.
The majority of homes in Bognor Regis are now selling for between £3,470 and £4,550 per square metre (£322 and £422 per square foot) , find out more in this local analysis of PO22 6 (Bognor Regis) house prices.
The average size of all the properties on Pennyfields is 100 m2 (1,076 sqft).