Ross Street, Cambridge, CB1

Street Guide For Ross Street, Cambridge, CB1

 

Ross Street, Cambridge, CB1 Map

Estimated Price: £378,843
Average Asking Price: £483,267
Price change in last one year: £27,610
Average Price Paid: £322,331
Average Rent Rates: £1,373

 

Property Prices Breakdown in Ross Street, Cambridge, CB1

Average Price for property in Ross Street, Cambridge, CB1 is around £378,843 which varies based on type of property you are interested in and ranges from £387,932 for detached house to around £356,018 for semi-detached. Similarly terraced house is around £387,279 and a flat is worth £243,812. Values have been changing and have risen £256 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £907 in last 6 months, £27,610 in last 1 year, £46,265 in last 2 years, £56,808 in last 3 years, £64,169 in last 4 years and £66,973 in last 5 years.

Currently average asking price of a property in Ross Street, Cambridge, CB1 is around £483,267 based on approximately 5 properties for sale. Same is the case with rental options based on 128 properties up for rent, average asking rent is around £1,373 per month.

Estimated property value in Ross Street, Cambridge, CB1 is £378,843. Average asking price is £483,267 while average price paid is £378,800 which is up by £27,610 and Avg. asking rent £1,373.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 Ross Street, Cambridge, CB1 area. In last 1 year alone average price buyer paid is around £378,800 based on approximately 5 sales in Ross Street, Cambridge, CB1 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £348,381. 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 £322,331 for 30 and average amount paid for purchase of approx. 44 properties sold in last 7 years comes to about £301,862 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 2 bedroom is around £282,500, £376,700 for a 3 bedroom house, £513,333 for a 4 bedroom house and £1,106,667 for a 5 bedroom house. For a flat similarly the prices varies from £273,889 for a single bedroom to £306,111 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £525,000. To sum up the asking prices for properties in Ross Street, Cambridge, CB1 it comes to around average £273,889 for 1 bedroom property, £298,846 for 2 bedroom, £390,181 for 3 bedroom, £513,333 for 4 bedroom and £1,106,667 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 £530 for 1 bedroom to £1,068 for 2 bedrooms, £1,378 for 3 bedrooms, £1,756 for 4 bedrooms and £2,795 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £875. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,356, £1,750 for 3 bedroom and £2,860 for 5 bedroom. You should be generally be expecting around average £737 rent per month for single bedroom property, £1,254 for 2 bedroom, £1,463 for 3 bedroom, £1,756 for 4 bedroom and approximately £2,828 for a 5 bedroom property in Ross Street, Cambridge, CB1 area.

Popular Houses in Ross Street, Cambridge, CB1

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 Ross Street, Cambridge, CB1