Average Price for property in Meadow Lane, Newmarket, CB8 is around £572,875 which varies based on type of property you are interested in and ranges from £716,610 for detached house to around £84,171 for a flat. Values have been changing and have risen £502 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,328 in last 6 months, £40,054 in last 1 year, £58,569 in last 2 years, £77,904 in last 3 years, £83,152 in last 4 years and £84,773 in last 5 years.
Currently average asking price of a property in Meadow Lane, Newmarket, CB8 is around £534,959 based on approximately 7 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £1,412 per month.
Estimated property value in Meadow Lane, Newmarket, CB8 is £572,875. Average asking price is £534,959 while average price paid is £480,357 which is up by £40,054 and Avg. asking rent £1,412.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 Lane, Newmarket, CB8 area. In last 1 year alone average price buyer paid is around £480,357 based on approximately 7 sales in Meadow Lane, Newmarket, CB8 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £458,409. 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 £481,315 for 19 and average amount paid for purchase of approx. 54 properties sold in last 7 years comes to about £472,007 per sale.