Values have been changing and have risen £812 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,035 in last 6 months, £16,147 in last 1 year, £23,702 in last 2 years, £27,110 in last 3 years, £31,228 in last 4 years and £32,578 in last 5 years.
Currently average asking price of a property in Shocksham, Townsend, Soham, Ely, CB7 is around £348,422 based on approximately 1 properties for sale. Same is the case with rental options based on 49 properties up for rent, average asking rent is around £894 per month.
Estimated property value in Shocksham, Townsend, Soham, Ely, CB7 is £199,745. Average asking price is £348,422 while average price paid is £134,500 which is up by £16,147 and Avg. asking rent £894.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 Shocksham, Townsend, Soham, Ely, CB7 area. In last 1 year alone average price buyer paid is around £134,500 based on approximately 1 sales in Shocksham, Townsend, Soham, Ely, CB7 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £134,500. 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 £156,583 for 12 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £156,583 per sale.