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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 40, Lucerne Close, Cambridge is a modern freehold house with 742 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Lucerne Close, Cambridge is £369,895 and the estimated rental value is £1,556 per month.
Lucerne Close, Cambridge, CB1 is located in the borough of Cambridge within the CB1 postal district.
40, Lucerne Close, Cambridge has a single entry in the Land Registry from April 2017 and a single entry in the EPC database dated December 2016.
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.
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 40, Lucerne Close, Cambridge is in very good condition we estimate a sale value of £388,390 and a rental value of £1,634 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £344,003 and a rental value of £1,447 per month.
Over the last 12 months the sale value of 40 Lucerne Close Cambridge has decreased by an estimated £16,755 (4.5%) and its rental value has increased by an estimated £14 per month (0.9%), giving an expected gross yield of 5%.
40, Lucerne Close, Cambridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Dec 2016.
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, 40, Lucerne Close, Cambridge was last sold on 21st April 2017 for £329,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2017, the market for similar properties has risen 44.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Lucerne Close, Cambridge within a radius of 550 metres over the last 2 years.
The most recent example is 124, Lucerne Close, Cambridge, CB1 9SA, a freehold house which sold for £450,000 on the 14th November 2024.
Read more about house prices in CB1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lucerne Close, Cambridge, CB1 has a total of 183 addresses. According to our analysis of all the public data, 40, Lucerne Close, Cambridge is the 48th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £143k less expensive than the average property in CB1.
The closest station to 40, Lucerne Close, Cambridge is Cambridge station which is 3.2 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 40, Lucerne Close, Cambridge, 31.1% of property is socially rented and 28.9% is privately rented.
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 40, Lucerne Close, Cambridge, 23.6% of residents are recorded as possessing school level qualifications and 45.8% 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 40, Lucerne Close, Cambridge, the average age was 39 and the most common age was 32.
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 40, Lucerne Close, Cambridge, 1.2% 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 40, Lucerne Close, Cambridge, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
