The Lane house price trends

The scatter plot below reveals the house price trend for The Lane. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only CO5 8NU . 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 about 30 homes on The Lane, we would have expected approximately 4 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 The Lane with 0 sold as new, averaging about 1 home sales per year . The average price per square metre (per square foot) in The Lane, West Mersea is £5,138 sqm (£477 per sq ft), this is based on the selling price of the 6 most recent sales.
The majority of homes in West Mersea are now selling for between £3,620 and £4,950 per square metre (£336 and £459 per square foot) , find out more in this local analysis of CO5 8 (West Mersea) house prices.
The average size of all the properties on The Lane is 125 m2 (1,345 sqft).