Meadow Close, Soham, Ely, CB7

Street Guide For Meadow Close, Soham, Ely, CB7

 

Meadow Close, Soham, Ely, CB7 Map

Estimated Price: £292,984
Average Asking Price: £348,422
Price change in last one year: £21,942
Average Price Paid: £229,166
Average Rent Rates: £894

 

Property Prices Breakdown in Meadow Close, Soham, Ely, CB7

Average Price for property in Meadow Close, Soham, Ely, CB7 is around £292,984 which varies based on type of property you are interested in and ranges from £309,418 for detached house to around £243,681 for semi-detached. Similarly terraced house is around £300,264. Values have been changing and have risen £1,102 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,765 in last 6 months, £21,942 in last 1 year, £32,208 in last 2 years, £36,836 in last 3 years, £42,430 in last 4 years and £44,259 in last 5 years.

Currently average asking price of a property in Meadow Close, Soham, Ely, CB7 is around £348,422 based on approximately 1 properties for sale. Same is the case with rental options based on 49 properties up for rent, average asking rent is around £894 per month.

Estimated property value in Meadow Close, Soham, Ely, CB7 is £292,984. Average asking price is £348,422 while average price paid is £250,000 which is up by £21,942 and Avg. asking rent £894.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 Meadow Close, Soham, Ely, CB7 area. In last 1 year alone average price buyer paid is around £250,000 based on approximately 1 sales in Meadow Close, Soham, Ely, CB7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £250,000. 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 £229,166 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £243,875 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 1 bedroom is around £179,995, £160,509 for a 2 bedroom house, £239,307 for a 3 bedroom house, £370,140 for a 4 bedroom house and £446,667 for a 5 bedroom house. For a flat similarly the prices varies from £98,300 for a single bedroom to £122,475 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £360,000. To sum up the asking prices for properties in Meadow Close, Soham, Ely, CB7 it comes to around average £130,978 for 1 bedroom property, £156,034 for 2 bedroom, £239,307 for 3 bedroom, £369,657 for 4 bedroom and £446,667 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 £669 for 1 bedroom to £671 for 2 bedrooms, £934 for 3 bedrooms, £1,428 for 4 bedrooms and £1,499 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £539. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £680 and £849 for 3 bedroom. You should be generally be expecting around average £582 rent per month for single bedroom property, £674 for 2 bedroom, £927 for 3 bedroom, £1,428 for 4 bedroom and approximately £1,500 for a 5 bedroom property in Meadow Close, Soham, Ely, CB7 area.

Popular Houses in Meadow Close, Soham, Ely, CB7

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 Meadow Close, Soham, Ely, CB7