Average Price for property in Drinkwater Close, Newmarket, CB8 is around £246,564 which varies based on type of property you are interested in and ranges from £275,738 for detached house to around £229,309 for semi-detached. Similarly terraced house is around £222,100. Values have been changing and have risen £231 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £610 in last 6 months, £18,372 in last 1 year, £26,869 in last 2 years, £35,739 in last 3 years, £38,149 in last 4 years and £38,895 in last 5 years.
Currently average asking price of a property in Drinkwater Close, Newmarket, CB8 is around £534,959 based on approximately 6 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 Drinkwater Close, Newmarket, CB8 is £246,564. Average asking price is £534,959 while average price paid is £188,574 which is up by £18,372 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 Drinkwater Close, Newmarket, CB8 area. In last 1 year alone average price buyer paid is around £188,574 based on approximately 6 sales in Drinkwater Close, Newmarket, CB8 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £195,437. 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 £192,584 for 23 and average amount paid for purchase of approx. 30 properties sold in last 7 years comes to about £187,848 per sale.