Area type
Non-metropolitan District
Population
125,063
Average detached price
£934,067
Average semi-detached price
£570,355
Average terraced price
£526,504
Average flat price
£322,192
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The average property value in Cambridge is £540,216 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Cambridge grew by £34,169. Compare house prices by area
Average property prices in Cambridge grew by 6.8% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 5.3% per year.
If prices in Cambridge continue to rise by 5.3% a year, the average property price will be £664,391 in 2025.
There were 1,237 property sales in Cambridge in the year ending June 2021, an increase of 65 when compared to the previous year.
The average price for a house in Cambridge ranges from £526,504 for a terraced house to £934,067 for a detached house, with semi-detached in between costing on average £570,355.
The average price for a flat or maisonette in Cambridge is £322,192.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Cambridge, semi-detached house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 64.1% from £569,377 to £934,067, semi-detached house prices have risen 73.4% from £328,953 to £570,355, terraced house prices have risen 64.0% from £321,128 to £526,504, and flat prices have risen 48.7% from £216,607 to £322,192.
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The most common type of property sold in Cambridge during the year ending June 2021 was terraced houses, which accounted for 39.8% of properties.
The least commonly available type of property sold in Cambridge were detached houses, which account for 12.4% of properties sold.
Of the properties sold in Cambridge during 2021, 0.9% were new build properties.
The average price paid for a new build property in Cambridge was £23,339 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was flats (29% of new build properties sold). For existing properties, the most common type is terraced houses (42% of existing properties sold).
Rental Market of Cambridge
Cambridge Crime
Cambridge population
The most common price band for property sales in Cambridge is £400k - £500k, which accounted for 14.8% of properties sold in 2021.
4.7% of properties in Cambridge had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.
The cheapest properties in Cambridge were in the £50k - £100k price bracket, accounting for 0.2% of sales.
Rank | Area | Average property price | YoY change in price |
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Rank | Area | Average Property Price | YoY CHANGE in PRICE |
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Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics