Average Price for property in Malvern Road, Cherry Hinton, Cambridge, CB1 is around £343,215 which varies based on type of property you are interested in and ranges from £313,738 for detached house to around £353,270 for semi-detached. Similarly terraced house is around £338,891. Values have been changing and have risen £221 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £782 in last 6 months, £23,805 in last 1 year, £39,889 in last 2 years, £48,978 in last 3 years, £55,326 in last 4 years and £57,745 in last 5 years.
Currently average asking price of a property in Malvern Road, Cherry Hinton, Cambridge, CB1 is around £483,267 based on approximately 3 properties for sale. Same is the case with rental options based on 128 properties up for rent, average asking rent is around £1,373 per month.
Estimated property value in Malvern Road, Cherry Hinton, Cambridge, CB1 is £343,215. Average asking price is £483,267 while average price paid is £356,666 which is up by £23,805 and Avg. asking rent £1,373.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 Malvern Road, Cherry Hinton, Cambridge, CB1 area. In last 1 year alone average price buyer paid is around £356,666 based on approximately 3 sales in Malvern Road, Cherry Hinton, Cambridge, CB1 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £299,399. 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 £277,933 for 15 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £260,321 per sale.