Newport Avenue, Fordham, Ely, CB7

Street Guide For Newport Avenue, Fordham, Ely, CB7

 

Newport Avenue, Fordham, Ely, CB7 Map

Estimated Price: £203,174
Average Asking Price: £346,853
Price change in last one year: £15,473
Average Price Paid: £164,250
Average Rent Rates: £876

 

Property Prices Breakdown in Newport Avenue, Fordham, Ely, CB7

Average Price for property in Newport Avenue, Fordham, Ely, CB7 is around £203,174 which varies based on type of property you are interested in and ranges from £203,925 for semi-detached to around £202,046 for terraced house. Values have been changing and have risen £777 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,950 in last 6 months, £15,473 in last 1 year, £22,711 in last 2 years, £25,976 in last 3 years, £29,921 in last 4 years and £31,214 in last 5 years.

Currently average asking price of a property in Newport Avenue, Fordham, Ely, CB7 is around £346,853 based on approximately 0 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 Newport Avenue, Fordham, Ely, CB7 is £203,174. Average asking price is £346,853 while average price paid is £164,250 which is up by £31,214 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 Newport Avenue, Fordham, Ely, CB7 area. In last 5 years alone average price buyer paid is around £164,250 based on approximately 2 sales in Newport Avenue, Fordham, Ely, CB7 area alone. If you compare it to last 7 years sales of 3 properties where buyers paid around £157,833.

 
 

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 Newport Avenue, 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 Newport Avenue, Fordham, Ely, CB7 area.

Popular Houses in Newport Avenue, 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 Newport Avenue, Fordham, Ely, CB7