Watermead - CB23 8TL
Key Postcode Insights
CB23 8TL is a residential postcode situated on Watermead, Bar Hill, Cambridge, CB23 with 42 addresses.
It ranks as the 725th largest and 93rd most expensive of the 828 postcodes in the CB23 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 42 properties: 42 houses.
- Ave. Sale Price
- £276,211
- 10 Year change
- up 18.3%
- Ave. Rental Price
- £1,245pcm
- 10 Year change
- up 50.9%
- Ave. £ per ft²
- £400/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
CB23 8TL is a residential postcode situated on Watermead, Bar Hill, Cambridge, CB23 with 42 addresses.
It ranks as the 725th largest and 93rd most expensive of the 828 postcodes in the CB23 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 42 properties: 42 houses.
- Ave. Sale Price
- £276,211
- 10 Year change
- up 18.3%
- Ave. Rental Price
- £1,245pcm
- 10 Year change
- up 50.9%
- Ave. £ per ft²
- £400/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin CB23 8TL
- 53 Watermead
2 Bed Modern House
- 54 Watermead
Unknown
- 55 Watermead
2 Bed Modern House
- 56 Watermead
Unknown
- 57 Watermead
2 Bed Modern House
Sales Market Trends
The last sale in CB23 8TL sold for £233,000 on 10th February 2025. Since then prices are down an average of 1.9%.
The current average value in the postcode is £276,211.
The CB23 8TL Sales Market has increased by 18.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £276,211 |
| June 2025 | 0.8% | £283,942 |
| June 2024 | -0.8% | £281,686 |
| June 2023 | 1.8% | £284,051 |
| June 2022 | 11.7% | £279,111 |
| June 2021 | 4.3% | £249,906 |
| June 2020 | 0.2% | £239,501 |
| June 2019 | -2.2% | £238,927 |
| June 2018 | 1.2% | £244,422 |
| June 2017 | 3.5% | £241,641 |
| June 2016 | 10.5% | £233,418 |
| June 2015 | 11.8% | £211,156 |
| June 2014 | 10.6% | £188,866 |
| June 2013 | 3.4% | £170,725 |
| June 2012 | 2.2% | £165,134 |
| June 2011 | 2.5% | £161,594 |
| June 2010 | 13.7% | £157,687 |
| June 2009 | -8.1% | £138,696 |
| June 2008 | -5.4% | £150,926 |
| June 2007 | 0% | £159,477 |
Rental Market Trends
The current average rental value in the postcode is £1,245.
The CB23 8TL Rental Market has increased by 50.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.7% | £1,245pcm |
| June 2025 | 3.8% | £1,225pcm |
| June 2024 | 7% | £1,180pcm |
| June 2023 | 7.1% | £1,103pcm |
| June 2022 | 11.4% | £1,030pcm |
| June 2021 | 5.7% | £924pcm |
| June 2020 | 2.2% | £874pcm |
| June 2019 | 1.4% | £855pcm |
| June 2018 | -0.3% | £844pcm |
| June 2017 | 2.5% | £846pcm |
| June 2016 | 4.7% | £825pcm |
| June 2015 | 3.7% | £788pcm |
| June 2014 | 5.1% | £760pcm |
| June 2013 | 2.8% | £723pcm |
| June 2012 | 1.9% | £703pcm |
| June 2011 | 2.4% | £690pcm |
| June 2010 | 6.6% | £675pcm |
| June 2009 | -2.8% | £633pcm |
| June 2008 | -0.1% | £651pcm |
| June 2007 | 0% | £651pcm |
Sales History
The last sale was on 10th February 2025 for £233,000 and since then the market in the area has decreased by 1.9%. The postcode has had a total of 99 sales since 1995.
CB23 8TL has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2025£233,000 | 2 Bed House77, Watermead, Cambridge, CB23 8TL77, Watermead, Cambridge, CB23 8TL
- Sold Sep 2024£192,500 | 2 Bed House59, Watermead, Cambridge, CB23 8TL59, Watermead, Cambridge, CB23 8TL
- Sold May 2024£182,500 | 2 Bed House58, Watermead, Cambridge, CB23 8TL58, Watermead, Cambridge, CB23 8TL
- Sold Dec 2022£385,000 | 4 Bed House70, Watermead, Cambridge, CB23 8TL70, Watermead, Cambridge, CB23 8TL
- Sold Sep 2022£375,000 | 3 Bed House67, Watermead, Cambridge, CB23 8TL67, Watermead, Cambridge, CB23 8TL
Nearby Postcodes
CB23 8TL is the 725th largest and the 93rd most expensive postcode out of the 828 postcodes in the CB23 area.
- CB23 8TG, Hillcrest, Bar Hill, Cambridge, CB23CB23 8TG51 Addresses|83 m away
- CB23 8TN, Watermead, Bar Hill, Cambridge, CB23CB23 8TN23 Addresses|85 m away
- CB23 8UA, Brookdale, Bar Hill, Cambridge, CB23CB23 8UA5 Addresses|100 m away
- CB23 8TJ, Watermead, Bar Hill, Cambridge, CB23CB23 8TJ52 Addresses|107 m away
- CB23 8TQ, Hillcrest, Bar Hill, Cambridge, CB23CB23 8TQ47 Addresses|108 m away
Property Types
- 30 modern houses built after 1980
- 6 mid-century houses built between 1936 and 1979
- 6 other addresses of unknown type
- modern house (30)
- mid-century house (6)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 36 properties.
- The most common rating is D.
- A (0)
- E (7)
- B (1)
- F (0)
- C (11)
- G (0)
- D (17)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Oct 2017£388,000 | 5 Bed House30, Watermead, Cambridge, CB23 8TJ30, Watermead, Cambridge, CB23 8TJ
- Sold Dec 2022£385,000 | 4 Bed House70, Watermead, Cambridge, CB23 8TL70, Watermead, Cambridge, CB23 8TL
- Sold Sep 2022£375,000 | 3 Bed House67, Watermead, Cambridge, CB23 8TL67, Watermead, Cambridge, CB23 8TL
Schools Nearby
- Bar Hill Community Primary School400 m away
- Dry Drayton CofE (C) Primary School1.2 km away
- Oakington CofE Primary School3.2 km away
- Swavesey Village College5.4 km away
- Impington Village College6.2 km away
- Comberton Village College7.4 km away
More reading links
Public Transport Nearby
The closest station to CB23 8TL is Cambridge North station, which is 9.5 kilometres away.
- Cambridge North|9.5 km away
- Cambridge|9.8 km away
- Cambridge South|11.3 km away
- Waterbeach|11.8 km away
