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The average property value in Cambridgeshire is £372,159 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 Cambridgeshire grew by £22,903. Compare house prices by area
Average property prices in Cambridgeshire grew by 6.6% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 4.5% per year.
If prices in Cambridgeshire continue to rise by 4.5% a year, the average property price will be £444,162 in 2025.
The most expensive property values in Cambridgeshire are found in Cambridge, and the cheapest property values are found in Fenland.
There were 9,384 property sales in Cambridgeshire in the year ending June 2021, an increase of 949 when compared to the previous year.
The average price for a house in Cambridgeshire ranges from £311,909 for a terraced house to £457,499 for a detached house, with semi-detached in between costing on average £324,187.
The average price for a flat or maisonette in Cambridgeshire is £235,989.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Cambridgeshire, terraced 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 45.8% from £313,817 to £457,499, semi-detached house prices have risen 55.7% from £208,157 to £324,187, terraced house prices have risen 58.6% from £196,664 to £311,909, and flat prices have risen 40.9% from £167,438 to £235,989.
The most common type of property sold in Cambridgeshire during the year ending June 2021 was detached houses, which accounted for 42.9% of properties.
The least commonly available type of property sold in Cambridgeshire were flats, which account for 7.4% of properties sold.
Of the properties sold in Cambridgeshire during 2021, 2.2% were new build properties.
The average price paid for a new build property in Cambridgeshire was £18,787 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (58% of new build properties sold). For existing properties, the most common type is detached houses (41% of existing properties sold).
Rental Market of Cambridgeshire
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Cambridgeshire population
The most common price band for property sales in Cambridgeshire is £200k - £300k, which accounted for 19.4% of properties sold in 2021.
1.2% of properties in Cambridgeshire 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 Cambridgeshire were in the £50k - £100k price bracket, accounting for 0.7% of sales.
The cheapest property prices in Cambridgeshire are found in Fenland, where the average cost of a property is £235,608. Between the years ending June 2020 and June 2021, property prices have changed by 10.7% in Fenland (compared to 6.6% in Cambridgeshire)
Rank | Area | Average property price | YoY change in price |
---|---|---|---|
1 | Fenland Non-metropolitan District | £235,608 | 10.7% |
2 | Huntingdonshire Non-metropolitan District | £328,473 | 7.8% |
3 | East Cambridgeshire Non-metropolitan District | £349,267 | 7.2% |
4 | South Cambridgeshire Non-metropolitan District | £444,116 | 4.0% |
5 | Cambridge Non-metropolitan District | £540,216 | 6.8% |
The most expensive property values in Cambridgeshire are found in Cambridge, where the average property price is £540,216. Between the years ending June 2020 and June 2021, property prices have changed by 6.8% in Cambridge (compared to 6.6% in Cambridgeshire)
Rank | Area | Average Property Price | YoY CHANGE in PRICE |
---|---|---|---|
1 | Cambridge Non-metropolitan District | £540,216 | 6.8% |
2 | South Cambridgeshire Non-metropolitan District | £444,116 | 4.0% |
3 | East Cambridgeshire Non-metropolitan District | £349,267 | 7.2% |
4 | Huntingdonshire Non-metropolitan District | £328,473 | 7.8% |
5 | Fenland Non-metropolitan District | £235,608 | 10.7% |
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