Caravel Close house price trends

The scatter plot below reveals the house price trend for Caravel Close. The graph is constructed by plotting the price per square meter by date for all sales in Caravel Close. It includes only one postcode, RM16 6QB . The blue circles represent individual sales. You can touch or click on each blue dot to see more detail about the specific sales.

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There are about 48 homes on Caravel Close, we would have expected roughly 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 8 property sales in Caravel Close with 0 sold as new, averaging roughly 2 home sales per year . The average price per square metre (per square foot) in Caravel Close, Grays is £4,881 sqm (£453 per sq ft), this is calculated from sold house prices of the 8 most recent sales.
The majority of homes in Chafford Hundred are now selling for between £4,190 and £5,660 per square metre , find out more in this local analysis of RM16 6 (Chafford Hundred) house prices.
The average size of all the properties on Caravel Close is 54 m2 (581 sqft).