Average Price for property in Chestnut Way, Mepal, Ely, CB6 is around £278,997 e.g. average price for detached house is around 278,997. Values have been changing and have risen £900 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,873 in last 6 months, £21,213 in last 1 year, £33,417 in last 2 years, £38,472 in last 3 years, £43,684 in last 4 years and £44,325 in last 5 years.
Currently average asking price of a property in Chestnut Way, Mepal, Ely, CB6 is around £276,461 based on approximately 2 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £1,147 per month.
Estimated property value in Chestnut Way, Mepal, Ely, CB6 is £278,997. Average asking price is £276,461 while average price paid is £229,500 which is up by £21,213 and Avg. asking rent £1,147.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 Chestnut Way, Mepal, Ely, CB6 area. In last 1 year alone average price buyer paid is around £229,500 based on approximately 2 sales in Chestnut Way, Mepal, Ely, CB6 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £213,079. 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 £209,176 for 21 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £208,756 per sale.