Values have been changing and have risen £185 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £130 in last 6 months, £11,990 in last 1 year, £17,321 in last 2 years, £21,270 in last 3 years, £23,673 in last 4 years and £25,305 in last 5 years.
Currently average asking price of a property in Drings Close, Over, Cambridge, CB24 is around £339,164 based on approximately 2 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 Drings Close, Over, Cambridge, CB24 is £154,247. Average asking price is £339,164 while average price paid is £137,500 which is up by £11,990 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 Drings Close, Over, Cambridge, CB24 area. In last 1 year alone average price buyer paid is around £137,500 based on approximately 2 sales in Drings Close, Over, Cambridge, CB24 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £129,208. 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 £119,500 for 8 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £119,500 per sale.