Fernlea house price trends

The scatter plot below reveals the house price trend for Fernlea. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only CO4 5UA . 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 38 homes on Fernlea, 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 7 property sales in Fernlea with 0 sold as new, averaging about 1 home sales per year . The average price per square metre (per square foot) in Fernlea, Colchester is £4,306 sqm (£400 per sq ft), this is from the sold price of the 7 most recent sales.
The majority of homes in Colchester are now selling for between £3,060 and £4,190 per square metre (£284 and £389 per square foot) , find out more in this local analysis of CO4 5 (Colchester) house prices.
The average size of all the properties on Fernlea is 117 m2 (1,259 sqft).