New Path, Fordham, Ely, CB7

Street Guide For New Path, Fordham, Ely, CB7

 

New Path, Fordham, Ely, CB7 Map

Estimated Price: £291,120
Average Asking Price: £346,853
Price change in last one year: £21,947
Average Price Paid: £223,125
Average Rent Rates: £876

 

Property Prices Breakdown in New Path, Fordham, Ely, CB7

Average Price for property in New Path, Fordham, Ely, CB7 is around £291,120 which varies based on type of property you are interested in and ranges from £352,978 for detached house to around £227,683 for semi-detached. Similarly terraced house is around £263,348. 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 £2,764 in last 6 months, £21,947 in last 1 year, £32,215 in last 2 years, £36,843 in last 3 years, £42,439 in last 4 years and £44,271 in last 5 years.

Currently average asking price of a property in New Path, Fordham, Ely, CB7 is around £346,853 based on approximately 1 properties for sale. Same is the case with rental options based on 54 properties up for rent, average asking rent is around £876 per month.

Estimated property value in New Path, Fordham, Ely, CB7 is £291,120. Average asking price is £346,853 while average price paid is £350,000 which is up by £21,947 and Avg. asking rent £876.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 New Path, Fordham, Ely, CB7 area. In last 1 year alone average price buyer paid is around £350,000 based on approximately 1 sales in New Path, Fordham, Ely, CB7 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £350,000. 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 £223,125 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £233,750 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 New Path, Fordham, 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 £551. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £699 and £849 for 3 bedroom. You should be generally be expecting around average £586 rent per month for single bedroom property, £681 for 2 bedroom, £927 for 3 bedroom, £1,428 for 4 bedroom and approximately £1,500 for a 5 bedroom property in New Path, Fordham, Ely, CB7 area.

Popular Houses in New Path, Fordham, 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 New Path, Fordham, Ely, CB7