Average Price for property in Forest Road, Cherry Hinton, Cambridge, CB1 is around £419,970 which varies based on type of property you are interested in and ranges from £477,156 for detached house to around £419,739 for semi-detached. Similarly flat is around £194,678. Values have been changing and have risen £270 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £958 in last 6 months, £29,158 in last 1 year, £48,858 in last 2 years, £59,989 in last 3 years, £67,761 in last 4 years and £70,721 in last 5 years.
Currently average asking price of a property in Forest Road, Cherry Hinton, Cambridge, CB1 is around £483,267 based on approximately 1 properties for sale. Same is the case with rental options based on 128 properties up for rent, average asking rent is around £1,373 per month.
Estimated property value in Forest Road, Cherry Hinton, Cambridge, CB1 is £419,970. Average asking price is £483,267 while average price paid is £240,000 which is up by £29,158 and Avg. asking rent £1,373.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 Forest Road, Cherry Hinton, Cambridge, CB1 area. In last 1 year alone average price buyer paid is around £240,000 based on approximately 1 sales in Forest Road, Cherry Hinton, Cambridge, CB1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £320,000. 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 £302,500 for 5 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £264,166 per sale.