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House Prices in CB3

The average house price in CB3 (Cambridge) is £641,250 using HM Land Registry data.

The average property price increased by £397,531 (13.13%) over the last 5 years and increased by £79,471 (2.17%) over the last 12 months.

Over the last year, there were 98 residential property sales – a decrease of 24 transactions (-24.49%) relative to the previous year. The majority of house sales (38) were in the £310,000 - £638,000 range. Then came properties in the £638,000 - £966,000 range, where 28 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 73 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,937 (-1%).

In June 2024, there were 31 new estate agency instructions, 12 agreed home sales and 7 property price reductions.

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.

Property Market Heat Gauge for CB3 (Cambridge) - June 2024

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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
30 Church Lane, Girton, Cambridge, Cambridgeshire, CB3 0JP	£525,000	£500,000	-£25,000	02 Nov 2023	31 Jan 2024	90 Days
2 Sherlock Road, Cambridge, Cambridgeshire, CB3 0HR	£1,700,000	£1,620,000	-£80,000	06 Jul 2023	05 Jan 2024	183 Days
4 Woodlark Road, Cambridge, Cambridgeshire, CB3 0HS	£700,000	£700,000	£00	04 Sep 2023	18 Dec 2023	105 Days
84 Girton Road, Girton, Cambridge, Cambridgeshire, CB3 0LN	£495,000	£465,000	-£30,000	06 Apr 2023	15 Dec 2023	253 Days
5 Woody Green, Girton, Cambridge, Cambridgeshire, CB3 0PG	£449,000	£420,000	-£29,000	18 Aug 2023	15 Dec 2023	119 Days
6 Lees Way, Girton, Cambridge, Cambridgeshire, CB3 0JR	£650,000	£635,000	-£15,000	07 Aug 2023	12 Dec 2023	127 Days
17 Mount Pleasant, Cambridge, Cambridgeshire, CB3 0BL	£850,000	£840,000	-£10,000	04 Oct 2023	11 Dec 2023	68 Days
48a, Selwyn Road, Cambridge, Cambridgeshire, CB3 9EB	£1,700,000	£1,600,000	-£100,000	12 Jun 2023	06 Dec 2023	177 Days
16 Dodford Lane, Girton, Cambridge, Cambridgeshire, CB3 0QE	£525,000	£507,500	-£17,500	20 Jun 2023	28 Nov 2023	161 Days
19 Churchfield Court, Girton, Cambridge, Cambridgeshire, CB3 0XA	£550,000	£540,000	-£10,000	29 Mar 2023	27 Nov 2023	243 Days
5 Wilderspin Close, Girton, Cambridge, Cambridgeshire, CB3 0LZ	£850,000	£850,000	£00	07 Aug 2023	22 Nov 2023	107 Days
17 Wilberforce Road, Cambridge, Cambridgeshire, CB3 0EQ	£3,650,000	£3,300,000	-£350,000	15 Jun 2023	31 Oct 2023	138 Days
10 Merton Street, Cambridge, Cambridgeshire, CB3 9JD	£585,000	£570,000	-£15,000	27 Jun 2023	30 Oct 2023	125 Days
10 Pepys Way, Girton, Cambridge, Cambridgeshire, CB3 0PA	£725,000	£721,000	-£4,000	17 Apr 2023	30 Oct 2023	196 Days
7 Millington Road, Cambridge, Cambridgeshire, CB3 9HW	£2,250,000	£2,250,000	£00	31 May 2023	13 Oct 2023	135 Days
8 Thornton Court, Girton, Cambridge, Cambridgeshire, CB3 0NS	£300,000	£300,000	£00	31 Mar 2023	13 Oct 2023	196 Days
47 Coton Road, Grantchester, Cambridge, Cambridgeshire, CB3 9NT	£950,000	£950,000	£00	26 Jun 2023	05 Sep 2023	71 Days
3 Pepys Way, Girton, Cambridge, Cambridgeshire, CB3 0PA	£500,000	£462,500	-£37,500	26 Dec 2022	21 Aug 2023	238 Days
66 Wellbrook Way, Girton, Cambridge, Cambridgeshire, CB3 0GP	£425,000	£425,000	£00	05 Jun 2023	18 Aug 2023	74 Days
42 High Street, Girton, Cambridge, Cambridgeshire, CB3 0PU	£600,000	£600,000	£00	07 Feb 2023	14 Aug 2023	188 Days

Most Expensive Streets in CB3 (Cambridge)

Postcode	Street	Area	Average	No. of Sales
CB3 9HH	Wordsworth Grove	Cambridge	£3,133,333	3
CB3 9HW	Millington Road	Cambridge	£2,633,333	3
CB3 9HP	Millington Road	Cambridge	£2,466,192	3
CB3 1AY	Gildenhowe	Cambridge	£1,627,050	11
CB3 0EQ	Wilberforce Road	Cambridge	£1,571,666	3
CB3 0LB	Huntingdon Road	Cambridge	£1,519,714	7
CB3 9LH	Barton Road	Cambridge	£1,504,166	3
CB3 9JL	Grantchester Meadows	Cambridge	£1,457,760	4
CB3 0HN	Marion Close	Cambridge	£1,375,625	4
CB3 9EE	Fulbrooke Road	Cambridge	£1,306,500	5

Least Expensive Streets in CB3 (Cambridge)

Postcode	Street	Area	Average	No. of Sales
CB3 0FW	Wellbrook Way, Girton	Cambridge	£209,000	6
CB3 0GQ	Abbeyfield Girton Green, Wellbrook Way	Cambridge	£257,869	17
CB3 0JE	St Stephens Place	Cambridge	£281,666	3
CB3 0GJ	Wellbrook Way, Girton	Cambridge	£286,454	11
CB3 9JU	Ashworth Park	Cambridge	£313,333	3
CB3 0NS	Thornton Court, Girton	Cambridge	£317,634	13
CB3 0PE	St Vincents Close, Girton	Cambridge	£335,225	7
CB3 0HP	Sherlock Close	Cambridge	£348,500	7
CB3 0HW	Sherlock Close	Cambridge	£353,000	10
CB3 0GY	Yeoman Drive	Cambridge	£367,586	6