Bankes Mead, Duxford, Cambridge, CB22

Street Guide For Bankes Mead, Duxford, Cambridge, CB22

 

Bankes Mead, Duxford, Cambridge, CB22 Map

Estimated Price: £585,443
Average Asking Price: £617,735
Price change in last one year: £46,175
Average Price Paid: £422,166
Average Rent Rates: £1,789

 

Property Prices Breakdown in Bankes Mead, Duxford, Cambridge, CB22

Average Price for property in Bankes Mead, Duxford, Cambridge, CB22 is around £585,443 e.g. average price for detached house is around 585,443. Values have been changing and have risen £2,389 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,004 in last 6 months, £46,175 in last 1 year, £67,004 in last 2 years, £83,784 in last 3 years, £92,125 in last 4 years and £101,884 in last 5 years.

Currently average asking price of a property in Bankes Mead, Duxford, Cambridge, CB22 is around £617,735 based on approximately 0 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £1,789 per month.

Estimated property value in Bankes Mead, Duxford, Cambridge, CB22 is £585,443. Average asking price is £617,735 while average price paid is £419,250 which is up by £83,784 and Avg. asking rent £1,789.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Bankes Mead, Duxford, Cambridge, CB22 area. In last 3 years alone average price buyer paid is around £419,250 based on approximately 2 sales in Bankes Mead, Duxford, Cambridge, CB22 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £422,166. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £422,166 for 3 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £291,980, £379,495 for a 3 bedroom house, £651,990 for a 4 bedroom house and £1,095,713 for a 5 bedroom house. To sum up the asking prices for properties in Bankes Mead, Duxford, Cambridge, CB22 it comes to around average £291,980 for 2 bedroom property, £379,495 for 3 bedroom, £651,990 for 4 bedroom and £1,095,713 for 5 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £750 for 2 bedroom to £1,177 for 3 bedroom and £1,751 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £823. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £949. You should be generally be expecting around average £823 rent per month for single bedroom property, £750 for 2 bedroom, £1,154 for 3 bedroom and approximately £1,750 for 4 bedroom property in Bankes Mead, Duxford, Cambridge, CB22 area.

Popular Houses in Bankes Mead, Duxford, Cambridge, CB22

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Bankes Mead, Duxford, Cambridge, CB22