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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Watson House 4, Cambridge is a modern leasehold apartment with 322 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Watson House 4, Cambridge is £267,663 and the estimated rental value is £1,056 per month.
The apartment is within Watson House, Mill Park, Cambridge, CB1.
Mill Park, Cambridge, CB1 is located in the borough of Cambridge within the CB1 postal district.
2, Watson House 4, Cambridge has a single entry in the Land Registry from December 2013 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Watson House 4, Cambridge is in very good condition we estimate a sale value of £281,046 and a rental value of £1,109 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £248,926 and a rental value of £982 per month.
Over the last 12 months the sale value of 2 Watson House 4 Cambridge has decreased by an estimated £7,743 (2.9%) and its rental value has increased by an estimated £25 per month (2.4%), giving an expected gross yield of 4.7%.
2, Watson House 4, Cambridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Nov 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, 2, Watson House 4, Cambridge was last sold on 10th December 2013 for £190,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2013, the market for similar properties has risen 4.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Watson House 4, Cambridge within a radius of 400 metres over the last 2 years.
The most recent example is 12, Watson House 4, Mill Park, Cambridge, CB1 2FH, a leasehold flat which sold for £268,000 on the 18th July 2018.
Read more about house prices in CB1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Park, Cambridge, CB1 has a total of 170 addresses. According to our analysis of all the public data, 2, Watson House 4, Cambridge is the 164th largest and the 131st most expensive property on the street.
When compared to the postcode district it is £245k less expensive than the average property in CB1.
The closest station to 2, Watson House 4, Cambridge is Cambridge station which is 200 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, Watson House 4, 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, Watson House 4, 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, Watson House 4, 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, Watson House 4, 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.
