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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
According to the public record, 249, Mill Road, Cambridge is a period freehold house with 1,410 ft2 of internal area and sits on a 358 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 249, Mill Road, Cambridge is £487,018 and the estimated rental value is £1,925 per month.
Mill Road, Cambridge, CB1 is located in the borough of Cambridge within the CB1 postal district.
249, Mill Road, Cambridge has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated December 2022.
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 249, Mill Road, Cambridge is in very good condition we estimate a sale value of £511,369 and a rental value of £2,021 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £452,927 and a rental value of £1,790 per month.
Over the last 12 months the sale value of 249 Mill Road Cambridge has decreased by an estimated £22,794 (4.7%) and its rental value has increased by an estimated £14 per month (0.7%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 249, Mill Road, Cambridge sits on a plot of 358m2.
We have plot size data on 14 out of 19 other houses in the postcode and 249, Mill Road, Cambridge sits on the largest plot.
249, Mill Road, Cambridge has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Dec 2022.
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, 249, Mill Road, Cambridge was last sold on 3rd March 2023 for £475,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2023, the market for similar properties has dropped 8.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 249, Mill Road, Cambridge within a radius of 370 metres over the last 2 years.
The most recent example is 132, Hobart Road, Cambridge, CB1 3PS, a freehold house which sold for £425,000 on the 20th November 2020.
Read more about house prices in CB1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Road, Cambridge, CB1 has a total of 521 addresses. According to our analysis of all the public data, 249, Mill Road, Cambridge is the 41st largest and the 104th most expensive property on the street.
When compared to the postcode district it is £26k less expensive than the average property in CB1.
The closest station to 249, Mill Road, 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 249, Mill Road, Cambridge, 41.0% of property is privately rented and 27.0% 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 249, Mill Road, Cambridge, 26.1% of residents are recorded as possessing school level qualifications and 68.7% 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 249, Mill Road, Cambridge, the average age was 35.4 and the most common age was 27.
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 249, Mill Road, Cambridge, 2.9% 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 249, Mill Road, 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.
