Roman Bank house price trends

The scatter plot below reveals the house price trend for Roman Bank. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only PE25 1S . 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 48 homes on Roman Bank, 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 13 property sales in Roman Bank with 0 sold as new, averaging roughly 3 home sales per year . The average price per square metre (per square foot) in Roman Bank, Skegness is £1,843 sqm (£171 per sq ft), this is from the sold price of the 13 most recent sales.
The majority of homes in Skegness are now selling for between £1,800 and £2,950 per square metre , find out more in this local analysis of PE25 1 (Skegness) house prices.
The average size of all the properties on Roman Bank is 86 m2 (925 sqft).