Cheveley Park, Cheveley, Newmarket, CB8

Street Guide For Cheveley Park, Cheveley, Newmarket, CB8

 

Cheveley Park, Cheveley, Newmarket, CB8 Map

Estimated Price: £315,921
Average Asking Price: £534,959
Price change in last one year: £23,478
Average Price Paid: £166,166
Average Rent Rates: £1,412

 

Property Prices Breakdown in Cheveley Park, Cheveley, Newmarket, CB8

Average Price for property in Cheveley Park, Cheveley, Newmarket, CB8 is around £315,921 which varies based on type of property you are interested in and ranges from £262,888 for detached house to around £392,135 for semi-detached. Similarly terraced house is around £322,023 and a flat is worth £303,249. Values have been changing and have risen £295 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £780 in last 6 months, £23,478 in last 1 year, £34,332 in last 2 years, £45,668 in last 3 years, £48,744 in last 4 years and £49,698 in last 5 years.

Currently average asking price of a property in Cheveley Park, Cheveley, Newmarket, CB8 is around £534,959 based on approximately 0 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £1,412 per month.

Estimated property value in Cheveley Park, Cheveley, Newmarket, CB8 is £315,921. Average asking price is £534,959 while average price paid is £166,166 which is up by £45,668 and Avg. asking rent £1,412.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 Cheveley Park, Cheveley, Newmarket, CB8 area. In last 3 years alone average price buyer paid is around £166,166 based on approximately 3 sales in Cheveley Park, Cheveley, Newmarket, CB8 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £166,166. 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 £166,166 for 3 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 £114,750, £174,742 for a 2 bedroom house, £371,632 for a 3 bedroom house, £547,817 for a 4 bedroom house and £840,154 for a 5 bedroom house. For a flat similarly the prices varies from £117,500 for a single bedroom to £230,200 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £235,000. To sum up the asking prices for properties in Cheveley Park, Cheveley, Newmarket, CB8 it comes to around average £116,812 for 1 bedroom property, £205,155 for 2 bedroom, £362,523 for 3 bedroom, £547,817 for 4 bedroom and £840,154 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 £794 for 2 bedroom to £1,335 for 3 bedroom, £1,363 for 4 bedroom and £1,949 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £594. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £931. You should be generally be expecting around average £594 rent per month for single bedroom property, £854 for 2 bedroom, £1,335 for 3 bedroom, £1,363 for 4 bedroom and approximately £1,949 for a 5 bedroom property in Cheveley Park, Cheveley, Newmarket, CB8 area.

Popular Houses in Cheveley Park, Cheveley, Newmarket, CB8

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 Cheveley Park, Cheveley, Newmarket, CB8