Cambridge Heath

The Educational Hub of London

Area Guide For Cambridge Heath

Cambridge Heath is a district in East London that falls under London Borough of Tower Hamlets. Bethnal Green is on the Southern end of this area. The educational, health and transportational facilities are quite well-developed and people are now settling in this area. Mostly students and young families reside in this area because good educational institutions are in close vicinity.

 
 

Tags

Education
Transport
Universities
Schools

Overview

  • The Neighbors

    New, well-built houses that are relatively expensive.

  • Ideal for

    Students, individuals and young families.

  • Deal Sealer

    Good educational institutions.

  • Not for

    People who want extremely cheap housing options.

  • You will Like

    Schools, infrastructure, transportation and health facilities.

Cambridge Heath Map

Estimated Price: £533,653
Average Asking Price: £683,741
Price change in last one year: £55,537
Average Price Paid: £434,117
Average Rent Rates: £2,148

 
 

Property Prices Breakdown in Cambridge Heath

Average Price for property in Cambridge Heath is around £533,653 which varies based on type of property you are interested in and ranges from £872,501 for detached house to around £712,172 for semi-detached. Similarly terraced house is around £749,728 and a flat is worth £444,968. Values have been changing and have risen £4,201 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,125 in last 6 months, £55,537 in last 1 year, £106,011 in last 2 years, £116,468 in last 3 years, £121,943 in last 4 years and £135,710 in last 5 years.

Currently average asking price of a property in Cambridge Heath is around £683,741 based on approximately 79 properties for sale. Same is the case with rental options based on 77 properties up for rent, average asking rent is around £2,148 per month.

Estimated property value in Cambridge Heath is £533,653. Average asking price is £683,741 while average price paid is £526,987 which is up by £55,537 and Avg. asking rent £2,148.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 Cambridge Heath area. In last 1 year alone average price buyer paid is around £526,987 based on approximately 79 sales in Cambridge Heath area alone. If you compare it to last 3 years sales of 267 properties where buyers paid around £465,976. 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 £434,117 for 408 and average amount paid for purchase of approx. 536 properties sold in last 7 years comes to about £417,459 per sale.

 
 

Properties For Sale in Cambridge Heath

 
 

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 £750,000, £1,175,000 for a 3 bedroom house and £2,200,000 for a 5 bedroom house. For a flat similarly the prices varies from £493,328 for a single bedroom to £686,998 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £649,799, £650,000 for a 4 bedroom flat and £800,000 for a 5 bedroom flat. To sum up the asking prices for properties in Cambridge Heath it comes to around average £493,328 for 1 bedroom property, £692,726 for 2 bedroom, £737,332 for 3 bedroom, £650,000 for 4 bedroom and £1,500,000 for a 5 bedroom property.

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 £2,162 for 1 bedroom to £2,676 for 2 bedroom, £3,852 for 3 bedroom and £2,990 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,864. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £2,473, £2,540 for 3 bedroom and £3,467 for 4 bedroom. You should be generally be expecting around average £1,890 rent per month for single bedroom property, £2,492 for 2 bedroom, £3,103 for 3 bedroom and approximately £3,228 for 4 bedroom property in Cambridge Heath area.

Popular Houses in Cambridge Heath

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.

Sold Properties in Cambridge Heath

Sum it all up

 The Good

- Schools
- Universities
- Transportation

 Best For

- Individuals
- Young families
- Students

 The Bad

- Expensive

Transportation in Cambridge Heath

Browse by Streets in Cambridge Heath