The Banks house price trends

The scatter plot below reveals the house price trend for The Banks. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only LE12 7R . 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 31 homes on The Banks, we would have expected approximately 4 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 The Banks with 0 sold as new, averaging approximately 1 home sales per year . The average price per square metre (per square foot) in The Banks, Sileby is £2,624 sqm (£243 per sq ft), this is from the selling price of the 5 most recent sales.
The majority of homes in Mountsorrel are now selling for between £2,660 and £3,610 per square metre (£247 and £335 per square foot) , find out more in this local analysis of LE12 7 (Mountsorrel) house prices.
The average size of all the properties on The Banks is 80 m2 (861 sqft).