Values have been changing and have risen £857 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,768 in last 6 months, £18,116 in last 1 year, £32,200 in last 2 years, £40,280 in last 3 years, £44,577 in last 4 years and £45,714 in last 5 years.
Currently average asking price of a property in Ring Fort Road, 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 Ring Fort Road, Cambridge, CB4 is £261,259. Average asking price is £566,551 while average price paid is £171,333 which is up by £18,116 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 Ring Fort Road, Cambridge, CB4 area. In last 1 year alone average price buyer paid is around £171,333 based on approximately 3 sales in Ring Fort Road, Cambridge, CB4 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £166,777. 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 £226,394 for 19 and average amount paid for purchase of approx. 32 properties sold in last 7 years comes to about £194,483 per sale.