Honey Hill, Cambridge, CB3

Street Guide For Honey Hill, Cambridge, CB3

 

Honey Hill, Cambridge, CB3 Map

Estimated Price: £734,285
Average Asking Price: £874,231
Price change in last one year: £53,188
Average Price Paid: £607,500
Average Rent Rates: £1,214

 

Property Prices Breakdown in Honey Hill, Cambridge, CB3

Average Price for property in Honey Hill, Cambridge, CB3 is around £734,285 which varies based on type of property you are interested in and ranges from £972,282 for detached house to around £258,293 for terraced house. Values have been changing and have risen £751 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,711 in last 6 months, £53,188 in last 1 year, £77,497 in last 2 years, £102,810 in last 3 years, £112,328 in last 4 years and £120,141 in last 5 years.

Currently average asking price of a property in Honey Hill, Cambridge, CB3 is around £874,231 based on approximately 2 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £1,214 per month.

Estimated property value in Honey Hill, Cambridge, CB3 is £734,285. Average asking price is £874,231 while average price paid is £607,500 which is up by £53,188 and Avg. asking rent £1,214.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 Honey Hill, Cambridge, CB3 area. In last 1 year alone average price buyer paid is around £607,500 based on approximately 2 sales in Honey Hill, Cambridge, CB3 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £607,500. 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 £607,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £607,500 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 £383,750, £756,000 for a 4 bedroom house and £1,600,000 for a 5 bedroom house. To sum up the asking prices for properties in Honey Hill, Cambridge, CB3 it comes to around average £383,750 for 2 bedroom property, £756,000 for 4 bedroom and £1,600,000 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 £559 for 1 bedroom to £1,176 for 2 bedrooms, £1,387 for 3 bedrooms, £1,452 for 4 bedrooms and £1,950 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £750. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,174 and £1,391 for 3 bedroom. You should be generally be expecting around average £702 rent per month for single bedroom property, £1,175 for 2 bedroom, £1,389 for 3 bedroom, £1,452 for 4 bedroom and approximately £1,950 for a 5 bedroom property in Honey Hill, Cambridge, CB3 area.

Popular Houses in Honey Hill, Cambridge, CB3

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 Honey Hill, Cambridge, CB3