Average Price for property in Newton Road, Cambridge, CB2 is around £1,061,832 which varies based on type of property you are interested in and ranges from £1,552,380 for detached house to around £326,011 for a flat. Values have been changing and have risen £2,599 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,489 in last 6 months, £71,335 in last 1 year, £103,260 in last 2 years, £141,686 in last 3 years, £156,744 in last 4 years and £168,482 in last 5 years.
Currently average asking price of a property in Newton Road, Cambridge, CB2 is around £661,176 based on approximately 2 properties for sale. Same is the case with rental options based on 73 properties up for rent, average asking rent is around £1,487 per month.
Estimated property value in Newton Road, Cambridge, CB2 is £1,061,832. Average asking price is £661,176 while average price paid is £1,533,500 which is up by £71,335 and Avg. asking rent £1,487.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 Newton Road, Cambridge, CB2 area. In last 1 year alone average price buyer paid is around £1,533,500 based on approximately 2 sales in Newton Road, Cambridge, CB2 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £1,239,883. 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 £1,088,765 for 13 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £974,263 per sale.