Well Lane house price trends

The scatter plot below reveals the house price trend for Well Lane. The graph is constructed by plotting the price per square meter by date for all sales shows sales for only CM2 8QY . 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 71 homes on Well Lane, we would have expected roughly 10 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 17 property sales in Well Lane with 0 sold as new, averaging approximately 4 home sales per year . The average price per square metre (per square foot) in Well Lane, Galleywood is £5,219 sqm (£484 per sq ft), this is based on the price paid of the 17 most recent sales.
The majority of homes in Chelmsford are now selling for between £3,890 and £4,900 per square metre (£361 and £455 per square foot) , find out more in this local analysis of CM2 8 (Chelmsford) house prices.
The average size of all the properties on Well Lane is 107 m2 (1,151 sqft).