CB2 8RL is a residential postcode situated on Hills Road, Cambridge, CB2 with 10 addresses.
It ranks as the 130th largest and 52nd most expensive of the 429 postcodes in the CB2 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 10 properties: 10 flats.
CB2 8RL is a residential postcode situated on Hills Road, Cambridge, CB2 with 10 addresses.
It ranks as the 130th largest and 52nd most expensive of the 429 postcodes in the CB2 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 10 properties: 10 flats.
Sale prices range from £319,066 for 2 bedroom leasehold flats with a balcony (505 ft2) to £376,952 for 2 bedroom leasehold flats with a balcony (699 ft2) .
Monthly rental prices range from £1,453 pcm for 2 bed flats to £1,688 pcm for 2 bed flats.
The gross rental yield is between 5.4% and 5.5%.
The average value per square foot is £580.
The last sale in CB2 8RL sold for £380,000 on 30th May 2022. Since then prices are down an average of 3.1%.
The current average value in the postcode is £349,067.
The CB2 8RL Sales Market has decreased by 0.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.4% | £349,067 |
| April 2025 | -1.4% | £357,673 |
| April 2024 | 0.6% | £362,705 |
| April 2023 | 1.9% | £360,654 |
| April 2022 | 3.4% | £353,913 |
| April 2021 | 1.1% | £342,169 |
| April 2020 | -0.2% | £338,314 |
| April 2019 | -3% | £338,908 |
| April 2018 | -3.1% | £349,239 |
| April 2017 | 2.5% | £360,321 |
| April 2016 | 10.6% | £351,414 |
| April 2015 | 13.6% | £317,712 |
| April 2014 | 11.7% | £279,658 |
| April 2013 | 4% | £250,317 |
| April 2012 | 2.2% | £240,577 |
| April 2011 | 2.6% | £235,388 |
| April 2010 | 8.9% | £229,435 |
| April 2009 | -11.4% | £210,745 |
| April 2008 | 1.4% | £237,920 |
| April 2007 | 0% | £234,540 |
The current average rental value in the postcode is £1,576.
The CB2 8RL Rental Market has increased by 33.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £1,576pcm |
| April 2025 | 3.2% | £1,536pcm |
| April 2024 | 7.3% | £1,488pcm |
| April 2023 | 7.1% | £1,387pcm |
| April 2022 | 4.2% | £1,296pcm |
| April 2021 | 0% | £1,244pcm |
| April 2020 | 2.1% | £1,244pcm |
| April 2019 | 2.3% | £1,218pcm |
| April 2018 | 0.6% | £1,190pcm |
| April 2017 | -0.1% | £1,184pcm |
| April 2016 | 4.3% | £1,185pcm |
| April 2015 | 3.3% | £1,136pcm |
| April 2014 | 4.2% | £1,100pcm |
| April 2013 | 3.3% | £1,056pcm |
| April 2012 | 1.7% | £1,022pcm |
| April 2011 | 3.7% | £1,005pcm |
| April 2010 | 3.3% | £969pcm |
| April 2009 | -3.1% | £938pcm |
| April 2008 | 1% | £967pcm |
| April 2007 | 0% | £958pcm |
The last sale was on 30th May 2022 for £380,000 and since then the market in the area has decreased by 3.1%. The postcode has had a total of 19 sales since 1995.
CB2 8RL has seen no sales in the last three years and no sales in the last twelve months.
CB2 8RL is the 130th largest and the 52nd most expensive postcode out of the 429 postcodes in the CB2 area.
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The closest station to CB2 8RL is Cambridge station which is 900 metres away.
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