Rayleigh Close, Cambridge, CB2

Street Guide For Rayleigh Close, Cambridge, CB2

 

Rayleigh Close, Cambridge, CB2 Map

Estimated Price: £1,142,172
Average Asking Price: £661,176
Price change in last one year: £76,108
Average Price Paid: £1,622,500
Average Rent Rates: £1,487

 

Property Prices Breakdown in Rayleigh Close, Cambridge, CB2

Average Price for property in Rayleigh Close, Cambridge, CB2 is around £1,142,172 e.g. average price for detached house is around 1,142,172. Values have been changing and have risen £2,774 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,126 in last 6 months, £76,108 in last 1 year, £110,169 in last 2 years, £151,164 in last 3 years, £167,230 in last 4 years and £179,752 in last 5 years.

Currently average asking price of a property in Rayleigh Close, Cambridge, CB2 is around £661,176 based on approximately 3 properties for sale. Same is the case with rental options based on 73 properties up for rent, average asking rent is around £1,487 per month.

Estimated property value in Rayleigh Close, Cambridge, CB2 is £1,142,172. Average asking price is £661,176 while average price paid is £1,780,000 which is up by £76,108 and Avg. asking rent £1,487.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 Rayleigh Close, Cambridge, CB2 area. In last 1 year alone average price buyer paid is around £1,780,000 based on approximately 3 sales in Rayleigh Close, Cambridge, CB2 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £1,622,500. 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 £1,622,500 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £1,473,000 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 3 bedroom is around £489,075, £985,454 for a 4 bedroom house and £1,003,970 for a 5 bedroom house. For a flat similarly the prices varies from £157,500 for a single bedroom to £514,181 for a 2 bedroom Flat. To sum up the asking prices for properties in Rayleigh Close, Cambridge, CB2 it comes to around average £157,500 for 1 bedroom property, £514,181 for 2 bedroom, £489,075 for 3 bedroom, £985,454 for 4 bedroom and £1,003,970 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 £496 for 1 bedroom to £1,248 for 2 bedrooms, £1,356 for 3 bedrooms, £1,974 for 4 bedrooms and £2,752 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,012. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,425 and £1,699 for 3 bedroom. You should be generally be expecting around average £864 rent per month for single bedroom property, £1,421 for 2 bedroom, £1,399 for 3 bedroom, £1,974 for 4 bedroom and approximately £2,752 for a 5 bedroom property in Rayleigh Close, Cambridge, CB2 area.

Popular Houses in Rayleigh Close, Cambridge, CB2

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 Rayleigh Close, Cambridge, CB2