Cambridgeshire

Area Guide For Cambridgeshire

The city of Cambridge is a university town and the administrative centre of the county of Cambridgeshire, England. It lies in East Anglia, on the River Cam, about 50 miles (80 km) north of London. According to the United Kingdom Census 2001, its population was 108,863 (including 22,153 students), and was estimated to be 125,717 in mid-2010. There is archaeological evidence of settlement in the area in bronze age and Roman times, and under Viking rule Cambridge became an important trading centre. The first town charters were granted in the 12th century, although city status was not conferred until 1951. Cambridge is most widely known as the home of the University of Cambridge, founded in 1209 and consistently ranked one of the top five universities in the world. The university includes the renowned Cavendish Laboratory, King's College Chapel, and the Cambridge University Library. The Cambridge skyline is dominated by the last two buildings, along with the chimney of Addenbrooke's Hospital in the far south of the city and St John's College Chapel tower. Today, Cambridge is at the heart of the high-technology centre known as Silicon Fen a play on Silicon

 
 

Cambridgeshire Map

Estimated Price: £287,988
Average Asking Price: £315,684
Price change in last one year: £20,422
Average Price Paid: £241,775
Average Rent Rates: £1,350

 
 

Property Prices Breakdown in Cambridgeshire

Average Price for property in Cambridgeshire is around £287,988 which varies based on type of property you are interested in and ranges from £361,984 for detached house to around £250,458 for semi-detached. Similarly terraced house is around £242,677 and a flat is worth £202,875. Values have been changing and have risen £524 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,097 in last 6 months, £20,422 in last 1 year, £33,465 in last 2 years, £40,989 in last 3 years, £43,579 in last 4 years and £40,355 in last 5 years.

Currently average asking price of a property in Cambridgeshire is around £315,684 based on approximately 8,715 properties for sale. Same is the case with rental options based on 1,015 properties up for rent, average asking rent is around £1,350 per month.

Estimated property value in Cambridgeshire is £287,988. Average asking price is £315,684 while average price paid is £258,856 which is up by £20,422 and Avg. asking rent £1,350.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 Cambridgeshire area. In last 1 year alone average price buyer paid is around £258,856 based on approximately 8,715 sales in Cambridgeshire area alone. If you compare it to last 3 years sales of 26,134 properties where buyers paid around £246,909. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £241,775 for 42,125 and average amount paid for purchase of approx. 56,219 properties sold in last 7 years comes to about £236,638 per sale.

 
 

Properties For Sale in Cambridgeshire

 
 

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 1 bedroom is around £107,284, £161,995 for a 2 bedroom house, £232,977 for a 3 bedroom house, £366,015 for a 4 bedroom house and £546,174 for a 5 bedroom house. For a flat similarly the prices varies from £118,700 for a single bedroom to £232,256 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £392,636, £360,000 for a 4 bedroom flat and £139,000 for a 5 bedroom flat. To sum up the asking prices for properties in Cambridgeshire it comes to around average £114,097 for 1 bedroom property, £177,153 for 2 bedroom, £235,606 for 3 bedroom, £366,004 for 4 bedroom and £543,721 for a 5 bedroom property.

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 £537 for 1 bedroom to £794 for 2 bedrooms, £1,047 for 3 bedrooms, £1,542 for 4 bedrooms and £1,906 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £709. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,024, £1,510 for 3 bedroom, £1,729 for 4 bedroom and around £2,860 for 5 bedroom flat. You should be generally be expecting around average £644 rent per month for single bedroom property, £917 for 2 bedroom, £1,093 for 3 bedroom, £1,546 for 4 bedroom and approximately £1,947 for a 5 bedroom property in Cambridgeshire area.

Popular Houses in Cambridgeshire

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.

Sold Properties in Cambridgeshire

Areas in and around Cambridgeshire