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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Gilpin Place, Cambridge is £159,262 and the estimated rental value is £770 per month.
Gilpin Place, Cambridge, CB2 is located in the borough of Cambridge within the CB2 postal district.
2, Gilpin Place, Cambridge has 2 entries in the Land Registry , most recently in May 2022 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Gilpin Place, Cambridge is in very good condition we estimate a sale value of £167,225 and a rental value of £808 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £148,114 and a rental value of £716 per month.
Over the last 12 months the sale value of 2 Gilpin Place Cambridge has decreased by an estimated £1,595 (1.0%) and its rental value has increased by an estimated £25 per month (3.2%), giving an expected gross yield of 5.8%.
2, Gilpin Place, Cambridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Gilpin Place, Cambridge was last sold on 5th May 2022 for £158,700 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2022, the market for similar properties has risen 37.1%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 2, Gilpin Place, Cambridge within a radius of 580 metres over the last 2 years.
The most recent example is 10, Gilpin Place, Cambridge, CB2 8BD, a leasehold flat which sold for £167,025 on the 9th September 2022.
Read more about house prices in CB2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gilpin Place, Cambridge, CB2 has a total of 22 addresses. According to our analysis of all the public data, 2, Gilpin Place, Cambridge is the 16th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £462k less expensive than the average property in CB2.
The closest station to 2, Gilpin Place, Cambridge is Cambridge station which is 900 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Gilpin Place, Cambridge, % of property is and % is .
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Gilpin Place, Cambridge, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Gilpin Place, Cambridge, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Gilpin Place, Cambridge, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.