Average Price for property in Mere Way, Cambridge, CB4 is around £251,057 which varies based on type of property you are interested in and ranges from £240,889 for detached house to around £263,404 for semi-detached. Similarly terraced house is around £247,425. Values have been changing and have risen £819 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,646 in last 6 months, £17,322 in last 1 year, £30,790 in last 2 years, £38,515 in last 3 years, £42,626 in last 4 years and £43,714 in last 5 years.
Currently average asking price of a property in Mere Way, Cambridge, CB4 is around £566,551 based on approximately 1 properties for sale. Same is the case with rental options based on 101 properties up for rent, average asking rent is around £1,087 per month.
Estimated property value in Mere Way, Cambridge, CB4 is £251,057. Average asking price is £566,551 while average price paid is £243,500 which is up by £17,322 and Avg. asking rent £1,087.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 Mere Way, Cambridge, CB4 area. In last 1 year alone average price buyer paid is around £243,500 based on approximately 1 sales in Mere Way, Cambridge, CB4 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £219,666. 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 £187,800 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £189,583 per sale.