15, The Redwoods 34
15, The Redwoods 34
Description & Estimates
The public record describes 15, The Redwoods 34, Cambridge as a modern apartment with 807 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
15, The Redwoods 34, Cambridge has an estimated sale value of £533,567 and an estimated rental value of £2,176 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Redwoods, Madingley Road, Cambridge, CB3.
Madingley Road, Cambridge, CB3 lies in the borough of Cambridge, within the CB3 postal district.
Our Data Sources
15, The Redwoods 34, Cambridge has no records in the the Land Registry and a single entry in the EPC database dated September 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 15, The Redwoods 34, Cambridge would be worth £560,246, with a potential rental value of £2,284 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £496,218, with a rental value of £2,023 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 15, The Redwoods 34, Cambridge has declined by £12,020 (2.3%) over the last year. During the same period, its estimated monthly rental value has climbed by £37 (1.7%). The property's estimated gross yield is currently 4.9%.
Energy Efficiency
15, The Redwoods 34, Cambridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Sep 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 960 metres of 15, The Redwoods 34, Cambridge across the last 2 years.
Most recently, 235, Turing Way, Cambridge, CB3 1BR, a leasehold flat, sold at £490,000 on the 3rd April 2024.
Read more about house prices in CB3.
- Sold Apr 2024£490,000 | 2 Bed FlatTuring Way235, Turing Way, Cambridge, CB3 1BR
- Sold Jun 2021£485,000 | 2 Bed FlatThe Redwoods 34, Madingley Road16, The Redwoods 34, Madingley Road, Cambridge, CB3 0EX
- Sold Dec 2020£540,000 | 3 Bed FlatThe Redwoods 34, Madingley Road8, The Redwoods 34, Madingley Road, Cambridge, CB3 0EX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 15, The Redwoods 34, Cambridge as the 77th largest and the 59th most expensive of the 88 addresses on Madingley Road, Cambridge, CB3.
Against the CB3 postcode district average, it is £248k less expensive than the typical property.
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Schools Nearby
- 500mUniversity of Cambridge Primary School
- 1.7kmMayfield Primary School
- 1.9kmSt Luke's CofE Primary School
- 2.3kmChesterton Community College
- 3.0kmParkside Community College
- 3.2kmNorth Cambridge Academy
More reading links
Public Transport Nearby
Cambridge station is the nearest stop to 15, The Redwoods 34, Cambridge at 4.0 kilometres away.
- 4.0kmCambridge
- 4.9kmCambridge North
- 5.4kmCambridge South
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
