Nicholson Way, Cambridge, CB4

Street Guide For Nicholson Way, Cambridge, CB4

 

Nicholson Way, Cambridge, CB4 Map

Estimated Price: £201,800
Average Asking Price: £566,551
Price change in last one year: £13,454
Average Price Paid: £152,875
Average Rent Rates: £1,087

 

Property Prices Breakdown in Nicholson Way, Cambridge, CB4

Average Price for property in Nicholson Way, Cambridge, CB4 is around £201,800 which varies based on type of property you are interested in and ranges from £232,607 for terraced house to around £181,261 for a flat. Values have been changing and have risen £636 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,057 in last 6 months, £13,454 in last 1 year, £23,915 in last 2 years, £29,917 in last 3 years, £33,109 in last 4 years and £33,956 in last 5 years.

Currently average asking price of a property in Nicholson Way, Cambridge, CB4 is around £566,551 based on approximately 0 properties for sale. Same is the case with rental options based on 101 properties up for rent, average asking rent is around £1,087 per month.

Estimated property value in Nicholson Way, Cambridge, CB4 is £201,800. Average asking price is £566,551 while average price paid is £147,250 which is up by £29,917 and Avg. asking rent £1,087.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 Nicholson Way, Cambridge, CB4 area. In last 3 years alone average price buyer paid is around £147,250 based on approximately 2 sales in Nicholson Way, Cambridge, CB4 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £152,875. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £151,686 for 8 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 2 bedroom is around £317,857, £409,167 for a 3 bedroom house, £612,857 for a 4 bedroom house and £579,990 for a 5 bedroom house. For a flat the prices of single bedroom is £185,000. To sum up the asking prices for properties in Nicholson Way, Cambridge, CB4 it comes to around average £185,000 for 1 bedroom property, £317,857 for 2 bedroom, £409,167 for 3 bedroom, £612,857 for 4 bedroom and £579,990 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 £521 for 1 bedroom to £973 for 2 bedrooms, £1,324 for 3 bedrooms, £1,643 for 4 bedrooms and £2,425 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £835. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,049 and £1,976 for 3 bedroom. You should be generally be expecting around average £678 rent per month for single bedroom property, £1,029 for 2 bedroom, £1,374 for 3 bedroom, £1,643 for 4 bedroom and approximately £2,424 for a 5 bedroom property in Nicholson Way, Cambridge, CB4 area.

Popular Houses in Nicholson Way, Cambridge, CB4

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 Nicholson Way, Cambridge, CB4