Broad Lane house price trends

The scatter plot below reveals the house price trend for Broad Lane. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only WV11 2R . 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 95 homes on Broad Lane, we would have expected about 13 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 16 property sales in Broad Lane with 0 sold as new, averaging about 4 home sales per year . The average price per square metre (per square foot) in Broad Lane, Essington is £2,612 sqm (£242 per sq ft), this is calculated from sold house prices of the 16 most recent sales.
The majority of homes in Essington are now selling for between £2,290 and £3,020 per square metre (£212 and £280 per square foot) , find out more in this local analysis of WV11 2 (Essington) house prices.
The average size of all the properties on Broad Lane is 107 m2 (1,151 sqft).