Cherry Orchard, Oakington, Cambridge, CB24

Street Guide For Cherry Orchard, Oakington, Cambridge, CB24

 

Cherry Orchard, Oakington, Cambridge, CB24 Map

Estimated Price: £535,107
Average Asking Price: £339,164
Price change in last one year: £41,507
Average Price Paid: £364,000
Average Rent Rates: £1,380

 

Property Prices Breakdown in Cherry Orchard, Oakington, Cambridge, CB24

Average Price for property in Cherry Orchard, Oakington, Cambridge, CB24 is around £535,107 e.g. average price for detached house is around 535,107. Values have been changing and have risen £641 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £451 in last 6 months, £41,507 in last 1 year, £59,949 in last 2 years, £73,610 in last 3 years, £81,916 in last 4 years and £87,557 in last 5 years.

Currently average asking price of a property in Cherry Orchard, Oakington, Cambridge, CB24 is around £339,164 based on approximately 1 properties for sale. Same is the case with rental options based on 53 properties up for rent, average asking rent is around £1,380 per month.

Estimated property value in Cherry Orchard, Oakington, Cambridge, CB24 is £535,107. Average asking price is £339,164 while average price paid is £365,000 which is up by £41,507 and Avg. asking rent £1,380.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 Orchard, Oakington, Cambridge, CB24 area. In last 1 year alone average price buyer paid is around £365,000 based on approximately 1 sales in Cherry Orchard, Oakington, Cambridge, CB24 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £365,000. 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 £364,000 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £359,333 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 £153,333, £243,333 for a 2 bedroom house, £309,994 for a 3 bedroom house, £462,724 for a 4 bedroom house and £686,000 for a 5 bedroom house. For a flat similarly the prices varies from £140,000 for a single bedroom to £140,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Cherry Orchard, Oakington, Cambridge, CB24 it comes to around average £148,000 for 1 bedroom property, £202,000 for 2 bedroom, £309,994 for 3 bedroom, £462,724 for 4 bedroom and £686,000 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 £730 for 1 bedroom to £833 for 2 bedroom, £1,009 for 3 bedroom and £1,474 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £750. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £744. You should be generally be expecting around average £737 rent per month for single bedroom property, £796 for 2 bedroom, £1,009 for 3 bedroom and approximately £1,474 for 4 bedroom property in Cherry Orchard, Oakington, Cambridge, CB24 area.

Popular Houses in Cherry Orchard, Oakington, Cambridge, CB24

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 Orchard, Oakington, Cambridge, CB24