Cambridge House Prices Cambridge House Prices

The average house price in Cambridge is £537,802 using HM Land Registry data.

The average property price increased by £105,859 (21.06%) over the last 5 years and increased by £21,210 (3.61%) over the last 12 months.

Over the last year, there were 1,054 residential property sales – a decrease of 372 transactions (-35.29%) relative to the previous year. The majority of house sales (277) were in the £386,000 - £512,000 range. Then came properties in the £260,000 - £386,000 range, where 200 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 124 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,834 (-1%).

In Dec 24, there were 104 new estate agency instructions, 106 agreed home sales and 49 property price reductions.

5-Year Average Property Prices in Cambridge

21.06%

Property prices in Cambridge increased by 21.06% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Cambridge Over the Last Year

3.61%

Property prices in Cambridge increased by 3.61% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Cambridge - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Cambridge

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Cambridge

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Cambridge

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Cambridge since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Cambridge area since 1995.

Recent Property Sales in Cambridge

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
143 Church End, Cherry Hinton, Cambridge, Cambridgeshire, CB1 3LF£415,000£410,000-£5,00011 Jul 202418 Nov 2024130 Days
39 Chieftain Way, Cambridge, Cambridgeshire, CB4 2EF£280,000£275,000-£5,00011 Apr 201615 Nov 20243140 Days
3 Gwydir Street, Cambridge, Cambridgeshire, CB1 2LG£850,000£850,000£0003 Dec 202311 Nov 2024344 Days
19 Bentley Road, Cambridge, Cambridgeshire, CB2 8AW£2,350,000£2,175,000-£175,00009 Apr 202405 Nov 2024210 Days
2 Tenison Avenue, Cambridge, Cambridgeshire, CB1 2DY£1,350,000£1,210,000-£140,00013 Mar 202401 Nov 2024233 Days
20 Cross Street, Cambridge, Cambridgeshire, CB1 2HW£475,000£447,000-£28,00019 Jun 202431 Oct 2024134 Days
7 Anglers Way, Chesterton, Cambridge, Cambridgeshire, CB4 1TZ£650,000£623,000-£27,00008 Aug 202430 Oct 202483 Days
19 Acrefield Drive, Cambridge, Cambridgeshire, CB4 1JW£425,000£410,000-£15,00024 May 202430 Oct 2024159 Days
3 Perse Way, Cambridge, Cambridgeshire, CB4 3SG£475,000£471,150-£3,85022 Apr 202428 Oct 2024189 Days
122 Cockerell Road, Cambridge, Cambridgeshire, CB4 3RZ£250,000£242,000-£8,00024 May 202428 Oct 2024157 Days
94 Glebe Road, Cambridge, Cambridgeshire, CB1 7TA£1,995,000£1,912,500-£82,50005 Jun 202425 Oct 2024142 Days
99 St Matthews Gardens, Cambridge, Cambridgeshire, CB1 2PH£650,000£625,000-£25,00011 Sep 202325 Oct 2024410 Days
21 Hawthorn Way, Cambridge, Cambridgeshire, CB4 1AT£400,000£400,000£0009 Jul 202424 Oct 2024107 Days
257 Campkin Road, Cambridge, Cambridgeshire, CB4 2LE£325,000£324,000-£1,00016 May 202424 Oct 2024161 Days
37a, High Street, Trumpington, Cambridge, Cambridgeshire, CB2 9HR£425,000£424,000-£1,00011 Jul 202424 Oct 2024105 Days
40 Cavendish Road, Cambridge, Cambridgeshire, CB1 3AF£475,000£475,000£0017 Jun 202421 Oct 2024126 Days
97 Argyle Street, Cambridge, Cambridgeshire, CB1 3LS£365,000£355,000-£10,00028 May 202421 Oct 2024146 Days
18 Kirkby Close, Cambridge, Cambridgeshire, CB4 1XP£450,000£450,000£0010 Jun 202418 Oct 2024130 Days
227a, Milton Road, Cambridge, Cambridgeshire, CB4 1XQ£760,000£725,000-£35,00001 Jul 202418 Oct 2024109 Days
22 Fitzwilliam Road, Cambridge, Cambridgeshire, CB2 8BN£380,000£355,000-£25,00010 Feb 201718 Oct 20242807 Days

Most Expensive Streets in Cambridge

PostcodeStreetAreaAverageNo. of Sales
CB3 9HHWordsworth GroveCambridge£3,133,3333
CB2 8ASBarrow RoadCambridge£3,053,7504
CB3 0DTStoreys WayCambridge£2,791,4813
CB2 8ARBarrow RoadCambridge£2,766,6663
CB3 9HWMillington RoadCambridge£2,633,3333
CB2 8AWBentley RoadCambridge£2,633,3333
CB3 9HPMillington RoadCambridge£2,466,1923
CB2 9HZHigh StreetTrumpington£2,466,0003
CB2 8PNSedley Taylor RoadCambridge£2,441,6663
CB3 9HESummerfieldCambridge£2,382,0003

Least Expensive Streets in Cambridge

PostcodeStreetAreaAverageNo. of Sales
CB4 2JYHavenfieldArbury Road£106,62213
CB4 2XDPagram WayCambridge£111,7086
CB4 2FZEngledow DriveCambridge£134,2506
CB4 1TRMayflower HouseManhattan Drive£148,3333
CB4 2EYChieftain WayCambridge£153,5836
CB1 3QQCorrie RoadCambridge£154,0005
CB4 1JTMayflower HouseManhattan Drive£154,1666
CB4 1TTHaig CourtCambridge£158,15616
CB2 9STSalisbury PlaceMonkswell£164,9005
CB1 3PEMillcroft CourtMill Road£166,81811

Explore Cambridge and Neighbouring Area House Prices