Values have been changing and have risen £602 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,945 in last 6 months, £12,721 in last 1 year, £22,611 in last 2 years, £28,283 in last 3 years, £31,303 in last 4 years and £32,104 in last 5 years.
Currently average asking price of a property in Cockerell Road, Cambridge, CB4 is around £566,551 based on approximately 2 properties for sale. Same is the case with rental options based on 101 properties up for rent, average asking rent is around £1,087 per month.
Estimated property value in Cockerell Road, Cambridge, CB4 is £191,072. Average asking price is £566,551 while average price paid is £144,750 which is up by £12,721 and Avg. asking rent £1,087.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 Cockerell Road, Cambridge, CB4 area. In last 1 year alone average price buyer paid is around £144,750 based on approximately 2 sales in Cockerell Road, Cambridge, CB4 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £161,100. 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 £142,950 for 10 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £144,500 per sale.