Pelham Way, Cottenham, Cambridge, CB24

Street Guide For Pelham Way, Cottenham, Cambridge, CB24

 

Pelham Way, Cottenham, Cambridge, CB24 Map

Estimated Price: £305,960
Average Asking Price: £339,164
Price change in last one year: £25,154
Average Price Paid: £249,155
Average Rent Rates: £1,380

 

Property Prices Breakdown in Pelham Way, Cottenham, Cambridge, CB24

Average Price for property in Pelham Way, Cottenham, Cambridge, CB24 is around £305,960 which varies based on type of property you are interested in and ranges from £353,637 for detached house to around £298,085 for semi-detached. Similarly terraced house is around £247,069. Values have been changing and have risen £389 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £274 in last 6 months, £25,154 in last 1 year, £36,331 in last 2 years, £44,611 in last 3 years, £49,646 in last 4 years and £53,066 in last 5 years.

Currently average asking price of a property in Pelham Way, Cottenham, Cambridge, CB24 is around £339,164 based on approximately 4 properties for sale. Same is the case with rental options based on 53 properties up for rent, average asking rent is around £1,380 per month.

Estimated property value in Pelham Way, Cottenham, Cambridge, CB24 is £305,960. Average asking price is £339,164 while average price paid is £287,202 which is up by £25,154 and Avg. asking rent £1,380.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 Pelham Way, Cottenham, Cambridge, CB24 area. In last 1 year alone average price buyer paid is around £287,202 based on approximately 4 sales in Pelham Way, Cottenham, Cambridge, CB24 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £261,394. 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 £249,155 for 11 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £226,425 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 1 bedroom is around £153,333, £243,333 for a 2 bedroom house, £309,994 for a 3 bedroom house, £462,724 for a 4 bedroom house and £686,000 for a 5 bedroom house. For a flat similarly the prices varies from £140,000 for a single bedroom to £140,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Pelham Way, Cottenham, Cambridge, CB24 it comes to around average £148,000 for 1 bedroom property, £202,000 for 2 bedroom, £309,994 for 3 bedroom, £462,724 for 4 bedroom and £686,000 for a 5 bedroom property.

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 £730 for 1 bedroom to £833 for 2 bedroom, £1,009 for 3 bedroom and £1,474 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £750. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £744. You should be generally be expecting around average £737 rent per month for single bedroom property, £796 for 2 bedroom, £1,009 for 3 bedroom and approximately £1,474 for 4 bedroom property in Pelham Way, Cottenham, Cambridge, CB24 area.

Popular Houses in Pelham Way, Cottenham, Cambridge, CB24

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 Pelham Way, Cottenham, Cambridge, CB24