Values have been changing and have risen £1,118 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,614 in last 6 months, £23,659 in last 1 year, £42,053 in last 2 years, £52,603 in last 3 years, £58,213 in last 4 years and £59,698 in last 5 years.
Currently average asking price of a property in Pearl Close, Cambridge, CB4 is around £566,551 based on approximately 3 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 Pearl Close, Cambridge, CB4 is £360,901. Average asking price is £566,551 while average price paid is £370,000 which is up by £23,659 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 Pearl Close, Cambridge, CB4 area. In last 1 year alone average price buyer paid is around £370,000 based on approximately 3 sales in Pearl Close, Cambridge, CB4 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £303,340. 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 £259,491 for 18 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £250,967 per sale.