Values have been changing and have risen £477 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,197 in last 6 months, £9,492 in last 1 year, £13,935 in last 2 years, £15,941 in last 3 years, £18,362 in last 4 years and £19,157 in last 5 years.
Currently average asking price of a property in Larkfield Road, Ely, CB7 is around £346,853 based on approximately 3 properties for sale. Same is the case with rental options based on 54 properties up for rent, average asking rent is around £876 per month.
Estimated property value in Larkfield Road, Ely, CB7 is £121,614. Average asking price is £346,853 while average price paid is £109,331 which is up by £9,492 and Avg. asking rent £876.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 Larkfield Road, Ely, CB7 area. In last 1 year alone average price buyer paid is around £109,331 based on approximately 3 sales in Larkfield Road, Ely, CB7 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £101,677. 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 £94,305 for 9 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £96,127 per sale.