Lancaster Gate, Upper Cambourne, Cambourne, Cambridge, CB23

Street Guide For Lancaster Gate, Upper Cambourne, Cambourne, Cambridge, CB23

 

Lancaster Gate, Upper Cambourne, Cambourne, Cambridge, CB23 Map

Estimated Price: £251,094
Average Asking Price: £384,242
Price change in last one year: £17,542
Average Price Paid: £182,219
Average Rent Rates: £1,257

 

Property Prices Breakdown in Lancaster Gate, Upper Cambourne, Cambourne, Cambridge, CB23

Average Price for property in Lancaster Gate, Upper Cambourne, Cambourne, Cambridge, CB23 is around £251,094 which varies based on type of property you are interested in and ranges from £170,120 for detached house to around £279,064 for semi-detached. Similarly terraced house is around £281,127 and a flat is worth £154,383. Values have been changing and have risen £177 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £999 in last 6 months, £17,542 in last 1 year, £27,717 in last 2 years, £33,864 in last 3 years, £35,043 in last 4 years and £37,892 in last 5 years.

Currently average asking price of a property in Lancaster Gate, Upper Cambourne, Cambourne, Cambridge, CB23 is around £384,242 based on approximately 6 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 Lancaster Gate, Upper Cambourne, Cambourne, Cambridge, CB23 is £251,094. Average asking price is £384,242 while average price paid is £218,500 which is up by £17,542 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 Lancaster Gate, Upper Cambourne, Cambourne, Cambridge, CB23 area. In last 1 year alone average price buyer paid is around £218,500 based on approximately 6 sales in Lancaster Gate, Upper Cambourne, Cambourne, Cambridge, CB23 area alone. If you compare it to last 3 years sales of 23 properties where buyers paid around £193,336. 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 £182,219 for 37 and average amount paid for purchase of approx. 93 properties sold in last 7 years comes to about £188,060 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 Lancaster Gate, Upper Cambourne, Cambourne, 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 Lancaster Gate, Upper Cambourne, Cambourne, Cambridge, CB23 area.

Popular Houses in Lancaster Gate, Upper Cambourne, Cambourne, 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 Lancaster Gate, Upper Cambourne, Cambourne, Cambridge, CB23