Watermead, Bar Hill, Cambridge, CB23

Street Guide For Watermead, Bar Hill, Cambridge, CB23

 

Watermead, Bar Hill, Cambridge, CB23 Map

Estimated Price: £203,320
Average Asking Price: £381,023
Price change in last one year: £15,079
Average Price Paid: £174,468
Average Rent Rates: £1,275

 

Property Prices Breakdown in Watermead, Bar Hill, Cambridge, CB23

Average Price for property in Watermead, Bar Hill, Cambridge, CB23 is around £203,320 which varies based on type of property you are interested in and ranges from £261,635 for detached house to around £206,815 for semi-detached. Similarly terraced house is around £166,352. Values have been changing and have risen £152 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £859 in last 6 months, £15,079 in last 1 year, £23,823 in last 2 years, £29,106 in last 3 years, £30,120 in last 4 years and £32,571 in last 5 years.

Currently average asking price of a property in Watermead, Bar Hill, Cambridge, CB23 is around £381,023 based on approximately 2 properties for sale. Same is the case with rental options based on 49 properties up for rent, average asking rent is around £1,275 per month.

Estimated property value in Watermead, Bar Hill, Cambridge, CB23 is £203,320. Average asking price is £381,023 while average price paid is £189,975 which is up by £15,079 and Avg. asking rent £1,275.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 Watermead, Bar Hill, Cambridge, CB23 area. In last 1 year alone average price buyer paid is around £189,975 based on approximately 2 sales in Watermead, Bar Hill, Cambridge, CB23 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £189,693. 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 £174,468 for 29 and average amount paid for purchase of approx. 43 properties sold in last 7 years comes to about £165,891 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 £217,710, £247,288 for a 3 bedroom house, £481,318 for a 4 bedroom house and £501,492 for a 5 bedroom house. For a flat the prices of 2 bedroom is £167,500. To sum up the asking prices for properties in Watermead, Bar Hill, Cambridge, CB23 it comes to around average £214,363 for 2 bedroom property, £247,288 for 3 bedroom, £481,318 for 4 bedroom and £501,492 for 5 bedroom.

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 £672 for 1 bedroom to £811 for 2 bedroom, £930 for 3 bedroom and £1,307 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £624. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £708 and £1,049 for 4 bedroom. You should be generally be expecting around average £656 rent per month for single bedroom property, £783 for 2 bedroom, £930 for 3 bedroom and approximately £1,243 for 4 bedroom property in Watermead, Bar Hill, Cambridge, CB23 area.

Popular Houses in Watermead, Bar Hill, Cambridge, CB23

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 Watermead, Bar Hill, Cambridge, CB23