3 Sovereign Place, Cambridge
3 Sovereign Place, Cambridge
Description & Estimates
Public records show 3 Sovereign Place, Cambridge to be a modern Leasehold apartment with 624 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
3 Sovereign Place, Cambridge has an estimated sale value of £242,765 and an estimated rental value of £1,299 per month, assuming reasonable condition and based on the information available.
The apartment sits within Sovereign Place, Apollo Way, Cambridge, CB4.
Apollo Way, Cambridge, CB4 lies in the borough of Cambridge, within the CB4 postal district.
Our Data Sources
3 Sovereign Place, Cambridge has 41 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated November 2019.
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.
Price Range & Condition
In very good condition, we estimate 3 Sovereign Place, Cambridge would be worth £254,903, with a potential rental value of £1,364 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £225,771, with a rental value of £1,208 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3 Sovereign Place, Cambridge has declined by £5,067 (2.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £12 (0.9%). The property's estimated gross yield is currently 6.4%.
Energy Efficiency
3 Sovereign Place, Cambridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Nov 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
3 Sovereign Place, Cambridge last changed hands on 13th November 2020, selling for £232,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 30.2% since November 2020.
- Sold Nov 2020£232,000
- Sold Oct 2013£171,000
- Sold Dec 2011£144,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 430 metres of 3 Sovereign Place, Cambridge across the last 2 years.
Most recently, 7 Sovereign Place, Apollo Way, Cambridge, CB4 2TG, a leasehold flat, sold at £245,000 on the 24th November 2023.
Read more about house prices in CB4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3 Sovereign Place, Cambridge as the 9th largest and the 9th most expensive of the 16 addresses on Apollo Way, Cambridge, CB4.
Against the CB4 postcode district average, it is £207k less expensive than the typical property.
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Schools Nearby
- 200mKings Hedges Primary School
- 400mSt Laurence Catholic Primary School
- 600mThe Grove Primary School
- 800mNorth Cambridge Academy
- 1.7kmChesterton Community College
- 1.8kmImpington Village College
More reading links
Public Transport Nearby
Cambridge North station is the nearest stop to 3 Sovereign Place, Cambridge at 2.4 kilometres away.
- 2.4kmCambridge North
- 4.3kmCambridge
- 5.9kmWaterbeach
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
