Average Price for property in Park Parade, Cambridge, CB5 is around £1,180,028 e.g. average price for terraced house is around 1,180,028. 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 £903 in last 6 months, £95,821 in last 1 year, £148,236 in last 2 years, £184,692 in last 3 years, £206,157 in last 4 years and £212,309 in last 5 years.
Currently average asking price of a property in Park Parade, Cambridge, CB5 is around £496,526 based on approximately 1 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £1,355 per month.
Estimated property value in Park Parade, Cambridge, CB5 is £1,180,028. Average asking price is £496,526 while average price paid is £1,701,001 which is up by £95,821 and Avg. asking rent £1,355.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 Parade, Cambridge, CB5 area. In last 1 year alone average price buyer paid is around £1,701,001 based on approximately 1 sales in Park Parade, Cambridge, CB5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £1,340,500. 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 £1,145,250 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £984,333 per sale.