North Lodge Drive, Papworth Everard, Cambridge, CB23

Street Guide For North Lodge Drive, Papworth Everard, Cambridge, CB23

 

North Lodge Drive, Papworth Everard, Cambridge, CB23 Map

Estimated Price: £254,009
Average Asking Price: £384,242
Price change in last one year: £17,737
Average Price Paid: £212,166
Average Rent Rates: £1,257

 

Property Prices Breakdown in North Lodge Drive, Papworth Everard, Cambridge, CB23

Average Price for property in North Lodge Drive, Papworth Everard, Cambridge, CB23 is around £254,009 which varies based on type of property you are interested in and ranges from £341,291 for detached house to around £261,774 for semi-detached. Similarly terraced house is around £250,628 and a flat is worth £181,777. Values have been changing and have risen £178 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,009 in last 6 months, £17,737 in last 1 year, £28,024 in last 2 years, £34,239 in last 3 years, £35,431 in last 4 years and £38,312 in last 5 years.

Currently average asking price of a property in North Lodge Drive, Papworth Everard, Cambridge, CB23 is around £384,242 based on approximately 6 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £1,257 per month.

Estimated property value in North Lodge Drive, Papworth Everard, Cambridge, CB23 is £254,009. Average asking price is £384,242 while average price paid is £231,248 which is up by £17,737 and Avg. asking rent £1,257.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 North Lodge Drive, Papworth Everard, Cambridge, CB23 area. In last 1 year alone average price buyer paid is around £231,248 based on approximately 6 sales in North Lodge Drive, Papworth Everard, Cambridge, CB23 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £206,653. 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 £212,166 for 18 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £218,973 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 £214,196, £247,288 for a 3 bedroom house, £481,318 for a 4 bedroom house and £516,342 for a 5 bedroom house. For a flat the prices of 2 bedroom is £167,500. To sum up the asking prices for properties in North Lodge Drive, Papworth Everard, Cambridge, CB23 it comes to around average £211,278 for 2 bedroom property, £247,288 for 3 bedroom, £481,318 for 4 bedroom and £516,342 for 5 bedroom.

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 £579 for 1 bedroom to £811 for 2 bedroom, £930 for 3 bedroom and £1,307 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £624. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £708 and £1,049 for 4 bedroom. You should be generally be expecting around average £590 rent per month for single bedroom property, £783 for 2 bedroom, £930 for 3 bedroom and approximately £1,243 for 4 bedroom property in North Lodge Drive, Papworth Everard, Cambridge, CB23 area.

Popular Houses in North Lodge Drive, Papworth Everard, Cambridge, CB23

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 North Lodge Drive, Papworth Everard, Cambridge, CB23