2, Merle Way
2, Merle Way
Description & Estimates
2, Merle Way, Cambridge is recorded publicly as a modern freehold house across 656 ft2 of internal area, sitting on a 135 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 2, Merle Way, Cambridge is £295,326 and its rental estimate is £1,222 per month, given the available information and assuming reasonable condition.
Merle Way, Lower Cambourne, Cambridge, CB23 falls within the CB23 postal district, in the borough of South Cambridgeshire.
Our Data Sources
2, Merle Way, Cambridge has 31 entries in the Land Registry , most recently in July 2007 and a single entry in the EPC database dated August 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Merle Way, Cambridge, we estimate a market value of £310,093 and a rental value of £1,283 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £274,653 and £1,137 per month respectively.
Recent Market Change
Over the last year, 2, Merle Way, Cambridge has seen its estimated sale value fall by £1,311 (0.4%) and its estimated rental value move up by £21 per month (1.7%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 2, Merle Way, Cambridge as measuring 135 m2.
That makes it the 31st largest plot in the postcode, where 38 of the 40 other houses have recorded plot data.
Energy Efficiency
2, Merle Way, Cambridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Aug 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Merle Way, Cambridge completed on 9th July 2007 at £172,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 70.5% over the period since July 2007.
- Sold Jul 2007£172,995
- Sold Nov 2004£160,000
- Sold Jun 2003£139,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Merle Way, Cambridge have sold within a radius of 950 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st March 2024, was 26, Merle Way, Cambridge, CB23 6FE, a freehold house which sold for £278,000.
Read more about house prices in CB23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 40 addresses on Merle Way, Lower Cambourne, Cambridge, CB23, 2, Merle Way, Cambridge comes out as the 33rd largest and the 31st most expensive in our analysis of the public data.
It is also £143k less expensive than the average property across the CB23 district.
More reading links
Schools Nearby
- 900mMonkfield Park Primary School
- 1.5kmJeavons Wood Primary School
- 2.1kmThe Vine Inter-Church Primary School
- 100mCambourne Village College
- 7.4kmComberton Village College
- 10.0kmSwavesey Village College
More reading links
Public Transport Nearby
From 2, Merle Way, Cambridge, the nearest station is St Neots, 11.3 kilometres away.
- 11.3kmSt Neots
- 14.0kmShepreth
- 14.3kmHuntingdon
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
