Cherry Garden Lane, Newport, Saffron Walden, CB11

Street Guide For Cherry Garden Lane, Newport, Saffron Walden, CB11

 

Cherry Garden Lane, Newport, Saffron Walden, CB11 Map

Estimated Price: £243,381
Average Asking Price: £373,608
Price change in last one year: £18,214
Average Price Paid: £208,364
Average Rent Rates: £913

 

Property Prices Breakdown in Cherry Garden Lane, Newport, Saffron Walden, CB11

Average Price for property in Cherry Garden Lane, Newport, Saffron Walden, CB11 is around £243,381 which varies based on type of property you are interested in and ranges from £248,301 for detached house to around £251,022 for semi-detached. Similarly terraced house is around £239,999. Values have been changing and have risen £535 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,715 in last 6 months, £18,214 in last 1 year, £28,451 in last 2 years, £34,576 in last 3 years, £36,897 in last 4 years and £40,091 in last 5 years.

Currently average asking price of a property in Cherry Garden Lane, Newport, Saffron Walden, CB11 is around £373,608 based on approximately 4 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £913 per month.

Estimated property value in Cherry Garden Lane, Newport, Saffron Walden, CB11 is £243,381. Average asking price is £373,608 while average price paid is £244,187 which is up by £18,214 and Avg. asking rent £913.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 Cherry Garden Lane, Newport, Saffron Walden, CB11 area. In last 1 year alone average price buyer paid is around £244,187 based on approximately 4 sales in Cherry Garden Lane, Newport, Saffron Walden, CB11 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £213,220. 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 £208,364 for 24 and average amount paid for purchase of approx. 32 properties sold in last 7 years comes to about £207,273 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 1 bedroom is around £197,475, £301,349 for a 2 bedroom house, £388,711 for a 3 bedroom house, £556,875 for a 4 bedroom house and £892,500 for a 5 bedroom house. For a flat similarly the prices varies from £137,950 for a single bedroom to £230,177 for a 2 bedroom Flat. To sum up the asking prices for properties in Cherry Garden Lane, Newport, Saffron Walden, CB11 it comes to around average £145,887 for 1 bedroom property, £257,855 for 2 bedroom, £388,711 for 3 bedroom, £556,875 for 4 bedroom and £892,500 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 £568 for 1 bedroom to £919 for 2 bedroom, £1,093 for 3 bedroom and £1,479 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £584. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £765. You should be generally be expecting around average £575 rent per month for single bedroom property, £824 for 2 bedroom, £1,093 for 3 bedroom and approximately £1,479 for 4 bedroom property in Cherry Garden Lane, Newport, Saffron Walden, CB11 area.

Popular Houses in Cherry Garden Lane, Newport, Saffron Walden, CB11

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 Cherry Garden Lane, Newport, Saffron Walden, CB11