Average Price for property in Cherry Rise, Sutton, Ely, CB6 is around £195,063 which varies based on type of property you are interested in and ranges from £229,587 for detached house to around £192,438 for semi-detached. Similarly terraced house is around £197,606. Values have been changing and have risen £625 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,993 in last 6 months, £14,706 in last 1 year, £23,168 in last 2 years, £26,673 in last 3 years, £30,289 in last 4 years and £30,737 in last 5 years.
Currently average asking price of a property in Cherry Rise, Sutton, Ely, CB6 is around £276,461 based on approximately 1 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £1,147 per month.
Estimated property value in Cherry Rise, Sutton, Ely, CB6 is £195,063. Average asking price is £276,461 while average price paid is £149,500 which is up by £14,706 and Avg. asking rent £1,147.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 Rise, Sutton, Ely, CB6 area. In last 1 year alone average price buyer paid is around £149,500 based on approximately 1 sales in Cherry Rise, Sutton, Ely, CB6 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £147,600. 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 £144,785 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £142,666 per sale.