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House Prices in CB3 House Prices in CB3 (Cambridge)

The average house price in CB3 (Cambridge) is £624,066 using HM Land Registry data.

The average property price increased by £391,220 (13.13%) over the last 5 years and increased by £78,388 (2.17%) over the last 12 months.

Over the last year, there were 94 residential property sales – a decrease of 46 transactions (-48.94%) relative to the previous year. The majority of house sales (27) were in the £320,000 - £546,000 range. Then came properties in the £546,000 - £772,000 range, where 21 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-23,876 (-2%).

In Dec 24, there were 17 new estate agency instructions, 10 agreed home sales and 5 property price reductions.

Nearby Postcodes: CB1, CB10, CB2, CB21, CB22, CB23, CB24, CB25, CB4, CB5, CB6, CB7, CB8, CB9, PE19, PE27, PE28, SG19, SG8

5-Year Average Property Prices in CB3 (Cambridge)

13.13%

Property prices in Cambridge increased by 13.13% 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 CB3 (Cambridge) Over the Last Year

2.17%

Property prices in Cambridge increased by 2.17% 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 CB3 (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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 CB3 (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 CB3 (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 CB3 (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 CB3 (Cambridge) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CB3 postcode area since 1995.

Recent Sales in CB3 (Cambridge)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Cambridge Road, Girton, Cambridge, Cambridgeshire, CB3 0PN£575,000£525,000-£50,00018 Jun 202401 Nov 2024136 Days
74 Girton Road, Girton, Cambridge, Cambridgeshire, CB3 0LN£700,000£680,000-£20,00007 Mar 202430 Oct 2024237 Days
4 Champneys Walk, Cambridge, Cambridgeshire, CB3 9AW£1,300,000£1,150,000-£150,00009 Sep 202404 Oct 202425 Days
4 Croftgate, Cambridge, Cambridgeshire, CB3 9EG£495,000£470,000-£25,00028 Feb 202404 Oct 2024219 Days
28 Weavers Field, Girton, Cambridge, Cambridgeshire, CB3 0XB£425,000£425,000£0027 Apr 202404 Oct 2024160 Days
60 Shelly Garden, Cambridge, Cambridgeshire, CB3 0BX£265,000£265,000£0022 Mar 202420 Sep 2024182 Days
18 Lammas Field, Cambridge, Cambridgeshire, CB3 9HX£495,000£485,000-£10,00026 Mar 202413 Sep 2024171 Days
6 Derby Street, Cambridge, Cambridgeshire, CB3 9JE£500,000£485,183-£14,81707 Mar 202405 Aug 2024151 Days
83 St Vincents Close, Girton, Cambridge, Cambridgeshire, CB3 0PB£475,000£470,000-£5,00013 Feb 202402 Aug 2024171 Days
3 St Marks Court, Cambridge, Cambridgeshire, CB3 9LE£725,000£710,000-£15,00003 Apr 202431 Jul 2024119 Days
8 Storeys Way, Cambridge, Cambridgeshire, CB3 0DT£1,500,000£1,430,000-£70,00005 Apr 202431 Jul 2024117 Days
53 Coton Road, Grantchester, Cambridge, Cambridgeshire, CB3 9NT£700,000£700,000£0022 Apr 202424 Jul 202493 Days
5 Wootton Way, Cambridge, Cambridgeshire, CB3 9LX£1,100,000£1,015,000-£85,00015 Jun 202314 Jun 2024365 Days
86 Wellbrook Way, Girton, Cambridge, Cambridgeshire, CB3 0GP£435,000£418,500-£16,50019 Sep 202331 May 2024255 Days
Flat 10, The Oasthouse, Grange Road, Cambridge, Cambridgeshire, CB3 9AP£750,000£737,000-£13,00018 Oct 202317 May 2024212 Days
6 Whitegate Close, Girton, Cambridge, Cambridgeshire, CB3 0JZ£1,150,000£1,120,000-£30,00024 Dec 202330 Apr 2024128 Days
28 Northfield, Girton, Cambridge, Cambridgeshire, CB3 0QG£550,000£545,000-£5,00030 Sep 202320 Mar 2024172 Days
20 Thornton Road, Girton, Cambridge, Cambridgeshire, CB3 0NW£650,000£640,000-£10,00022 Nov 202315 Mar 2024114 Days
5 St Marks Court, Cambridge, Cambridgeshire, CB3 9LE£700,000£700,000£0006 Nov 202308 Mar 2024123 Days
30 Church Lane, Girton, Cambridge, Cambridgeshire, CB3 0JP£525,000£500,000-£25,00002 Nov 202331 Jan 202490 Days

Most Expensive Streets in CB3 (Cambridge)

PostcodeStreetAreaAverageNo. of Sales
CB3 9HHWordsworth GroveCambridge£3,133,3333
CB3 0DTStoreys WayCambridge£2,791,4813
CB3 9HWMillington RoadCambridge£2,633,3333
CB3 9HPMillington RoadCambridge£2,466,1923
CB3 9HESummerfieldCambridge£2,382,0003
CB3 9JLGrantchester MeadowsCambridge£1,612,0133
CB3 1AYGildenhoweCambridge£1,603,95812
CB3 0EQWilberforce RoadCambridge£1,571,6663
CB3 0LBHuntingdon RoadCambridge£1,519,7147
CB3 9LHBarton RoadCambridge£1,504,1663

Least Expensive Streets in CB3 (Cambridge)

PostcodeStreetAreaAverageNo. of Sales
CB3 0FWWellbrook Way, GirtonCambridge£184,7508
CB3 0GQAbbeyfield Girton Green, Wellbrook WayCambridge£256,29318
CB3 0GJWellbrook Way, GirtonCambridge£286,45411
CB3 0BTShelly GardenCambridge£309,0003
CB3 9JUAshworth ParkCambridge£313,3333
CB3 0NSThornton Court, GirtonCambridge£317,52012
CB3 0PESt Vincents Close, GirtonCambridge£335,2626
CB3 0GYYeoman DriveCambridge£347,1005
CB3 0HWSherlock CloseCambridge£347,5008
CB3 0HPSherlock CloseCambridge£351,2506

Explore CB3 (Cambridge) using map

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