Average Price for property in Madingley Road, Cambridge, CB3 is around £850,830 which varies based on type of property you are interested in and ranges from £1,668,165 for detached house to around £479,315 for a flat. Values have been changing and have risen £850 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,070 in last 6 months, £60,218 in last 1 year, £87,739 in last 2 years, £116,398 in last 3 years, £127,173 in last 4 years and £136,018 in last 5 years.
Currently average asking price of a property in Madingley Road, Cambridge, CB3 is around £874,231 based on approximately 5 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 Madingley Road, Cambridge, CB3 is £850,830. Average asking price is £874,231 while average price paid is £897,200 which is up by £60,218 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 Madingley Road, Cambridge, CB3 area. In last 1 year alone average price buyer paid is around £897,200 based on approximately 5 sales in Madingley Road, Cambridge, CB3 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £624,727. 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 £601,416 for 12 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £640,500 per sale.