Average Price for property in Park Lane, Newmarket, CB8 is around £202,101 which varies based on type of property you are interested in and ranges from £343,367 for detached house to around £190,218 for semi-detached. Similarly terraced house is around £204,155 and a flat is worth £163,364. Values have been changing and have risen £187 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £494 in last 6 months, £14,838 in last 1 year, £21,698 in last 2 years, £28,861 in last 3 years, £30,807 in last 4 years and £31,412 in last 5 years.
Currently average asking price of a property in Park Lane, Newmarket, CB8 is around £534,959 based on approximately 7 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £1,412 per month.
Estimated property value in Park Lane, Newmarket, CB8 is £202,101. Average asking price is £534,959 while average price paid is £148,857 which is up by £14,838 and Avg. asking rent £1,412.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 Park Lane, Newmarket, CB8 area. In last 1 year alone average price buyer paid is around £148,857 based on approximately 7 sales in Park Lane, Newmarket, CB8 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £146,350. 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 £170,155 for 16 and average amount paid for purchase of approx. 28 properties sold in last 7 years comes to about £169,410 per sale.