Average Price for property in Mill Road, Cambridge, CB1 is around £332,424 which varies based on type of property you are interested in and ranges from £489,686 for detached house to around £434,930 for semi-detached. Similarly terraced house is around £418,856 and a flat is worth £185,830. Values have been changing and have risen £220 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £782 in last 6 months, £23,795 in last 1 year, £39,875 in last 2 years, £48,961 in last 3 years, £55,307 in last 4 years and £57,723 in last 5 years.
Currently average asking price of a property in Mill Road, Cambridge, CB1 is around £483,267 based on approximately 7 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 Mill Road, Cambridge, CB1 is £332,424. Average asking price is £483,267 while average price paid is £232,785 which is up by £23,795 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 Mill Road, Cambridge, CB1 area. In last 1 year alone average price buyer paid is around £232,785 based on approximately 7 sales in Mill Road, Cambridge, CB1 area alone. If you compare it to last 3 years sales of 22 properties where buyers paid around £198,840. 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 £197,061 for 35 and average amount paid for purchase of approx. 56 properties sold in last 7 years comes to about £195,214 per sale.