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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Melbourne Place, Cambridge is a modern freehold house with 2,357 ft2 of internal area and sits on a 137 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Melbourne Place, Cambridge is £1,475,432 and the estimated rental value is £4,719 per month.
Melbourne Place, Cambridge, CB1 is located in the borough of Cambridge within the CB1 postal district.
2, Melbourne Place, Cambridge has a single entry in the Land Registry from October 2018 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, Melbourne Place, Cambridge is in very good condition we estimate a sale value of £1,549,203 and a rental value of £4,955 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,372,152 and a rental value of £4,388 per month.
Over the last 12 months the sale value of 2 Melbourne Place Cambridge has decreased by an estimated £72,143 (4.9%) and its rental value has increased by an estimated £26 per month (0.6%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, 2, Melbourne Place, Cambridge sits on a plot of 137m2.
We have plot size data on 9 out of 15 other houses in the postcode and 2, Melbourne Place, Cambridge sits on the 5th largest plot.
2, Melbourne Place, Cambridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Sep 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Melbourne Place, Cambridge was last sold on 26th October 2018 for £840,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2018, the market for similar properties has dropped 26.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Melbourne Place, Cambridge within a radius of 520 metres over the last 2 years.
The most recent example is 39, Warkworth Street, Cambridge, CB1 1EG, a freehold house which sold for £1,337,000 on the 12th August 2024.
Read more about house prices in CB1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melbourne Place, Cambridge, CB1 has a total of 17 addresses. According to our analysis of all the public data, 2, Melbourne Place, Cambridge is the largest and the most expensive property on the street.
When compared to the postcode district it is £963k more expensive than the average property in CB1.
The closest station to 2, Melbourne Place, Cambridge is Cambridge station which is 1.2 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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, Melbourne Place, Cambridge, 54.8% of property is privately rented and 31.0% is privately owned outright.
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, Melbourne Place, Cambridge, 36.4% of residents are recorded as possessing school level qualifications and 82.9% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Melbourne Place, Cambridge, the average age was 30.6 and the most common age was 22.
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, Melbourne Place, Cambridge, 5.1% 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, Melbourne Place, Cambridge, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
