First Avenue house price trends

The scatter plot below reveals the house price trend for First Avenue. The graph is constructed by plotting the price per square meter by date for all sales in First Avenue. It includes postcodes CM1 1RU , CM1 1RX . 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 49 homes on First Avenue, we would have expected about 7 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 First Avenue with 0 sold as new, averaging about 2 home sales per year . The average price per square metre (per square foot) in First Avenue, Chelmsford is £5,076 sqm (£471 per sq ft), this is from the selling price of the 8 most recent sales.
The majority of homes in Chelmsford are now selling for between £3,880 and £5,000 per square metre (£360 and £464 per square foot) , find out more in this local analysis of CM1 1 (Chelmsford) house prices.
The average size of all the properties on First Avenue is 116 m2 (1,248 sqft).