Michaels Way house price trends

The scatter plot below reveals the house price trend for Michaels Way. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only GL16 8LZ . 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 16 homes on Michaels Way, we would have expected approximately 2 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 5 property sales in Michaels Way with 0 sold as new, averaging roughly 1 home sales per year . The average price per square metre (per square foot) in Michaels Way, Sling is £2,905 sqm (£269 per sq ft), this is from the Land Registry price paid of the 5 most recent sales.
The majority of homes in Coleford are now selling for between £2,620 and £3,420 per square metre (£243 and £317 per square foot) , find out more in this local analysis of GL16 8 (Coleford) house prices.
The average size of all the properties on Michaels Way is 82 m2 (882 sqft).