Medway Close house price trends

The scatter plot below reveals the house price trend for Medway Close. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only CM1 2L . 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 21 homes on Medway Close, we would have expected about 3 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 6 property sales in Medway Close with 0 sold as new, averaging approximately 1 home sales per year . The average price per square metre (per square foot) in Medway Close, Chelmsford is £3,914 sqm (£363 per sq ft), this is from the sold price of the 6 most recent sales.
The majority of homes in Chelmsford are now selling for between £3,840 and £5,020 per square metre (£356 and £466 per square foot) , find out more in this local analysis of CM1 2 (Chelmsford) house prices.
The average size of all the properties on Medway Close is 80 m2 (861 sqft).