Chapel Lane, Reach, Cambridge, CB25

Street Guide For Chapel Lane, Reach, Cambridge, CB25

 

Chapel Lane, Reach, Cambridge, CB25 Map

Estimated Price: £647,416
Average Asking Price: £379,145
Price change in last one year: £43,785
Average Price Paid: £572,500
Average Rent Rates: £1,221

 

Property Prices Breakdown in Chapel Lane, Reach, Cambridge, CB25

Average Price for property in Chapel Lane, Reach, Cambridge, CB25 is around £647,416 e.g. average price for detached house is around 647,416. Values have been changing and have risen £178 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £568 in last 6 months, £43,785 in last 1 year, £66,329 in last 2 years, £77,293 in last 3 years, £92,151 in last 4 years and £97,593 in last 5 years.

Currently average asking price of a property in Chapel Lane, Reach, Cambridge, CB25 is around £379,145 based on approximately 0 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £1,221 per month.

Estimated property value in Chapel Lane, Reach, Cambridge, CB25 is £647,416. Average asking price is £379,145 while average price paid is £295,000 which is up by £77,293 and Avg. asking rent £1,221.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 Chapel Lane, Reach, Cambridge, CB25 area. In last 3 years alone average price buyer paid is around £295,000 based on approximately 1 sales in Chapel Lane, Reach, Cambridge, CB25 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £572,500. 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 £572,500 for 2 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 £224,071, £297,237 for a 3 bedroom house, £500,829 for a 4 bedroom house and £862,500 for a 5 bedroom house. To sum up the asking prices for properties in Chapel Lane, Reach, Cambridge, CB25 it comes to around average £224,071 for 2 bedroom property, £297,237 for 3 bedroom, £500,829 for 4 bedroom and £862,500 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 £702 for 1 bedroom to £954 for 2 bedrooms, £1,024 for 3 bedrooms, £1,771 for 4 bedrooms and £4,251 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £598. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £676. You should be generally be expecting around average £650 rent per month for single bedroom property, £892 for 2 bedroom, £1,024 for 3 bedroom, £1,771 for 4 bedroom and approximately £4,251 for a 5 bedroom property in Chapel Lane, Reach, Cambridge, CB25 area.

Popular Houses in Chapel Lane, Reach, Cambridge, CB25

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 Chapel Lane, Reach, Cambridge, CB25