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 8QZ . 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 roughly 67 homes on Well Lane, we would have expected roughly 9 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 12 property sales in Well Lane with 0 sold as new, averaging approximately 3 home sales per year . The average price per square metre (per square foot) in Well Lane, Galleywood is £4,977 sqm (£462 per sq ft), this is from the Land Registry sold price of the 12 most recent sales.
The majority of homes in Chelmsford are now selling for between £3,810 and £4,860 per square metre , find out more in this local analysis of CM2 8 (Chelmsford) house prices.
The average size of all the properties on Well Lane is 108 m2 (1,162 sqft).