Ermine Street North, Papworth Everard, Cambridge, CB23

Street Guide For Ermine Street North, Papworth Everard, Cambridge, CB23

 

Ermine Street North, Papworth Everard, Cambridge, CB23 Map

Estimated Price: £313,075
Average Asking Price: £384,242
Price change in last one year: £22,410
Average Price Paid: £229,954
Average Rent Rates: £1,257

 

Property Prices Breakdown in Ermine Street North, Papworth Everard, Cambridge, CB23

Average Price for property in Ermine Street North, Papworth Everard, Cambridge, CB23 is around £313,075 which varies based on type of property you are interested in and ranges from £339,733 for detached house to around £322,170 for semi-detached. Similarly terraced house is around £299,322. Values have been changing and have risen £225 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,275 in last 6 months, £22,410 in last 1 year, £35,405 in last 2 years, £43,257 in last 3 years, £44,761 in last 4 years and £48,399 in last 5 years.

Currently average asking price of a property in Ermine Street North, Papworth Everard, Cambridge, CB23 is around £384,242 based on approximately 4 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £1,257 per month.

Estimated property value in Ermine Street North, Papworth Everard, Cambridge, CB23 is £313,075. Average asking price is £384,242 while average price paid is £268,125 which is up by £22,410 and Avg. asking rent £1,257.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 Ermine Street North, Papworth Everard, Cambridge, CB23 area. In last 1 year alone average price buyer paid is around £268,125 based on approximately 4 sales in Ermine Street North, Papworth Everard, Cambridge, CB23 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £243,500. 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 £229,954 for 11 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £229,125 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 £214,196, £247,288 for a 3 bedroom house, £481,318 for a 4 bedroom house and £516,342 for a 5 bedroom house. For a flat the prices of 2 bedroom is £167,500. To sum up the asking prices for properties in Ermine Street North, Papworth Everard, Cambridge, CB23 it comes to around average £211,278 for 2 bedroom property, £247,288 for 3 bedroom, £481,318 for 4 bedroom and £516,342 for 5 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 £579 for 1 bedroom to £811 for 2 bedroom, £930 for 3 bedroom and £1,307 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £624. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £708 and £1,049 for 4 bedroom. You should be generally be expecting around average £590 rent per month for single bedroom property, £783 for 2 bedroom, £930 for 3 bedroom and approximately £1,243 for 4 bedroom property in Ermine Street North, Papworth Everard, Cambridge, CB23 area.

Popular Houses in Ermine Street North, Papworth Everard, Cambridge, CB23

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 Ermine Street North, Papworth Everard, Cambridge, CB23