Average Price for property in Riverside Place, Cambridge, CB5 is around £467,694 e.g. average price for a flat is around 467,694. Values have been changing and have risen £69 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £334 in last 6 months, £35,379 in last 1 year, £54,734 in last 2 years, £68,198 in last 3 years, £76,126 in last 4 years and £78,400 in last 5 years.
Currently average asking price of a property in Riverside Place, Cambridge, CB5 is around £496,526 based on approximately 5 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 Riverside Place, Cambridge, CB5 is £467,694. Average asking price is £496,526 while average price paid is £408,000 which is up by £35,379 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 Riverside Place, Cambridge, CB5 area. In last 1 year alone average price buyer paid is around £408,000 based on approximately 5 sales in Riverside Place, Cambridge, CB5 area alone. If you compare it to last 3 years sales of 21 properties where buyers paid around £365,523. 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 £362,840 for 25 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £366,576 per sale.