Elfleda Road, Cambridge, CB5

Street Guide For Elfleda Road, Cambridge, CB5

 

Elfleda Road, Cambridge, CB5 Map

Estimated Price: £306,139
Average Asking Price: £496,526
Price change in last one year: £25,063
Average Price Paid: £290,060
Average Rent Rates: £1,355

 

Property Prices Breakdown in Elfleda Road, Cambridge, CB5

Average Price for property in Elfleda Road, Cambridge, CB5 is around £306,139 which varies based on type of property you are interested in and ranges from £384,365 for detached house to around £322,554 for semi-detached. Similarly terraced house is around £328,650 and a flat is worth £188,945. Values have been changing and have risen £50 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £238 in last 6 months, £25,063 in last 1 year, £38,776 in last 2 years, £48,316 in last 3 years, £53,934 in last 4 years and £55,545 in last 5 years.

Currently average asking price of a property in Elfleda Road, Cambridge, CB5 is around £496,526 based on approximately 6 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £1,355 per month.

Estimated property value in Elfleda Road, Cambridge, CB5 is £306,139. Average asking price is £496,526 while average price paid is £286,000 which is up by £25,063 and Avg. asking rent £1,355.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 Elfleda Road, Cambridge, CB5 area. In last 1 year alone average price buyer paid is around £286,000 based on approximately 6 sales in Elfleda Road, Cambridge, CB5 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £292,207. 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 £290,060 for 15 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £284,522 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 2 bedroom is around £322,500, £358,333 for a 3 bedroom house and £1,430,000 for a 4 bedroom house. For a flat similarly the prices varies from £297,500 for a single bedroom to £478,333 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £698,500. To sum up the asking prices for properties in Elfleda Road, Cambridge, CB5 it comes to around average £297,500 for 1 bedroom property, £416,000 for 2 bedroom, £552,714 for 3 bedroom and £1,430,000 for 4 bedroom.

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 £451 for 1 bedroom to £1,023 for 2 bedrooms, £1,337 for 3 bedrooms, £2,128 for 4 bedrooms and £1,694 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,038. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,205, £1,651 for 3 bedroom and £2,409 for 4 bedroom. You should be generally be expecting around average £908 rent per month for single bedroom property, £1,144 for 2 bedroom, £1,400 for 3 bedroom, £2,174 for 4 bedroom and approximately £1,694 for a 5 bedroom property in Elfleda Road, Cambridge, CB5 area.

Popular Houses in Elfleda Road, Cambridge, CB5

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 Elfleda Road, Cambridge, CB5