Orchard Way, Lower Cambourne, Cambourne, Cambridge, CB23

Street Guide For Orchard Way, Lower Cambourne, Cambourne, Cambridge, CB23

 

Orchard Way, Lower Cambourne, Cambourne, Cambridge, CB23 Map

Estimated Price: £391,077
Average Asking Price: £384,242
Price change in last one year: £28,438
Average Price Paid: £300,779
Average Rent Rates: £1,257

 

Property Prices Breakdown in Orchard Way, Lower Cambourne, Cambourne, Cambridge, CB23

Average Price for property in Orchard Way, Lower Cambourne, Cambourne, Cambridge, CB23 is around £391,077 which varies based on type of property you are interested in and ranges from £542,732 for detached house to around £288,589 for semi-detached. Similarly terraced house is around £283,830. Values have been changing and have risen £285 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,617 in last 6 months, £28,438 in last 1 year, £44,931 in last 2 years, £54,895 in last 3 years, £56,803 in last 4 years and £61,420 in last 5 years.

Currently average asking price of a property in Orchard Way, Lower Cambourne, Cambourne, Cambridge, CB23 is around £384,242 based on approximately 3 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 Orchard Way, Lower Cambourne, Cambourne, Cambridge, CB23 is £391,077. Average asking price is £384,242 while average price paid is £485,333 which is up by £28,438 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 Orchard Way, Lower Cambourne, Cambourne, Cambridge, CB23 area. In last 1 year alone average price buyer paid is around £485,333 based on approximately 3 sales in Orchard Way, Lower Cambourne, Cambourne, Cambridge, CB23 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £326,730. 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 £300,779 for 20 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £299,799 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 Orchard Way, Lower Cambourne, Cambourne, 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 Orchard Way, Lower Cambourne, Cambourne, Cambridge, CB23 area.

Popular Houses in Orchard Way, Lower Cambourne, Cambourne, 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 Orchard Way, Lower Cambourne, Cambourne, Cambridge, CB23