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According to the public record, 2, Gresham Place, Cambridge is a modern apartment with 710 ft2 of internal area.
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, Gresham Place, Cambridge is £581,637 and the estimated rental value is £2,121 per month.
Gresham Place, Cambridge, CB1 is located in the borough of Cambridge within the CB1 postal district.
2, Gresham Place, Cambridge has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Gresham Place, Cambridge is in very good condition we estimate a sale value of £610,719 and a rental value of £2,227 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £540,922 and a rental value of £1,972 per month.
Over the last 12 months the sale value of 2 Gresham Place Cambridge has decreased by an estimated £15,494 (2.7%) and its rental value has increased by an estimated £64 per month (3.0%), giving an expected gross yield of 4.4%.
2, Gresham Place, Cambridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Oct 2023.
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, Gresham Place, Cambridge was last sold on 1st December 2005 for £375,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Gresham Place, Cambridge within a radius of 530 metres over the last 2 years.
The most recent example is 26, Fenners Lawn, Cambridge, CB1 2EH, a leasehold flat which sold for £555,000 on the 5th January 2023.
Read more about house prices in CB1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gresham Place, Cambridge, CB1 has a total of 11 addresses. According to our analysis of all the public data, 2, Gresham Place, Cambridge is the 10th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £69k more expensive than the average property in CB1.
The closest station to 2, Gresham Place, Cambridge is Cambridge station which is 800 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Gresham 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, Gresham 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, Gresham 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, Gresham 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.