Watergate house price trends

The scatter plot below reveals the house price trend for Watergate. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only DH4 6G . 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 35 homes on Watergate, we would have expected roughly 5 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 12 property sales in Watergate with 0 sold as new, averaging approximately 3 home sales per year . The average price per square metre (per square foot) in Watergate, Houghton Le Spring is £2,256 sqm (£209 per sq ft), this is calculated from the sold price of the 12 most recent sales.
The majority of homes in West Rainton are now selling for between £1,160 and £2,350 per square metre , find out more in this local analysis of DH4 6 (West Rainton) house prices.
The average size of all the properties on Watergate is 126 m2 (1,356 sqft).