The Balsham property market reflects the broader trends in South Cambridgeshire, with recent data showing a notable correction from the 2022 peak. According to Land Registry data, the average sold price in Balsham reached £475,851 over the last 12 months, representing an 11% decline compared to the previous year and sitting 9% below the 2022 peak of £523,038. This adjustment brings prices back to more sustainable levels after the rapid growth experienced during the pandemic years when rural villages like Balsham saw heightened demand from buyers seeking space away from Cambridge city centre.
Our live listing data shows 38 properties currently available in Balsham across all agent portfolios, with an average asking price of £546,566. The premium segment remains active, with three properties listed above £1 million, including a striking contemporary home on the High Street priced at £1,425,000. The majority of stock sits in the £300,000 to £500,000 range, accounting for 23 listings, which represents the heart of the market for families upgrading from smaller properties in Cambridge or surrounding villages.
Detached properties continue to command the highest prices in Balsham, with current listings averaging £691,250, followed by semi-detached homes at £433,182. The relative scarcity of terraced properties, with just one listing at £159,995, suggests demand outstrips supply in this segment. For buyers and sellers alike, understanding these price dynamics is crucial for realistic expectations and successful negotiations in the current market climate.
The bedroom distribution reveals strong demand from families, with four-bedroom properties dominating the current market with 16 listings averaging £571,250. Three-bedroom homes follow with 13 listings at an average of £438,423, representing the most affordable route into the village for many buyers. At the premium end, five and six-bedroom properties average over £1 million, appealing to affluent buyers seeking space for home offices or extended families.