Average Price for property in Merle Way, Lower Cambourne, Cambourne, Cambridge, CB23 is around £307,389 which varies based on type of property you are interested in and ranges from £395,106 for detached house to around £316,161 for semi-detached. Similarly terraced house is around £275,029. Values have been changing and have risen £216 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,226 in last 6 months, £21,558 in last 1 year, £34,060 in last 2 years, £41,614 in last 3 years, £43,063 in last 4 years and £46,565 in last 5 years.
Currently average asking price of a property in Merle Way, Lower Cambourne, Cambourne, Cambridge, CB23 is around £384,242 based on approximately 1 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £1,257 per month.
Estimated property value in Merle Way, Lower Cambourne, Cambourne, Cambridge, CB23 is £307,389. Average asking price is £384,242 while average price paid is £208,000 which is up by £21,558 and Avg. asking rent £1,257.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 Merle Way, Lower Cambourne, Cambourne, Cambridge, CB23 area. In last 1 year alone average price buyer paid is around £208,000 based on approximately 1 sales in Merle Way, Lower Cambourne, Cambourne, Cambridge, CB23 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £215,333. 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 £230,050 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £220,269 per sale.