Values have been changing and have risen £706 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,772 in last 6 months, £14,062 in last 1 year, £20,641 in last 2 years, £23,609 in last 3 years, £27,197 in last 4 years and £28,373 in last 5 years.
Currently average asking price of a property in Tower Court, Tower Road, Ely, CB7 is around £346,853 based on approximately 7 properties for sale. Same is the case with rental options based on 54 properties up for rent, average asking rent is around £876 per month.
Estimated property value in Tower Court, Tower Road, Ely, CB7 is £176,062. Average asking price is £346,853 while average price paid is £182,064 which is up by £14,062 and Avg. asking rent £876.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 Tower Court, Tower Road, Ely, CB7 area. In last 1 year alone average price buyer paid is around £182,064 based on approximately 7 sales in Tower Court, Tower Road, Ely, CB7 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £152,611. 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 £139,270 for 24 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £138,775 per sale.