Values have been changing and have risen £132 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £348 in last 6 months, £10,451 in last 1 year, £15,285 in last 2 years, £20,332 in last 3 years, £21,705 in last 4 years and £22,131 in last 5 years.
Currently average asking price of a property in George Lambton Avenue, Newmarket, CB8 is around £534,959 based on approximately 5 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 George Lambton Avenue, Newmarket, CB8 is £142,993. Average asking price is £534,959 while average price paid is £126,900 which is up by £10,451 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 George Lambton Avenue, Newmarket, CB8 area. In last 1 year alone average price buyer paid is around £126,900 based on approximately 5 sales in George Lambton Avenue, Newmarket, CB8 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £116,045. 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 £114,968 for 16 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £111,314 per sale.