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According to the public record, 41, Riverside Place, Cambridge is a modern leasehold apartment with 1,173 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 41, Riverside Place, Cambridge is £564,969 and the estimated rental value is £2,327 per month.
Riverside Place, Cambridge, CB5 is located in the borough of Cambridge within the CB5 postal district.
41, Riverside Place, Cambridge has 31 entries in the Land Registry , most recently in January 2018 and a single entry in the EPC database dated August 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 41, Riverside Place, Cambridge is in very good condition we estimate a sale value of £593,217 and a rental value of £2,443 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £525,421 and a rental value of £2,164 per month.
Over the last 12 months the sale value of 41 Riverside Place Cambridge has decreased by an estimated £21,962 (3.9%) and its rental value has increased by an estimated £35 per month (1.5%), giving an expected gross yield of 4.9%.
41, Riverside Place, Cambridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Aug 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric, Electric underfloor heating.
According to HM Land Registry, 41, Riverside Place, Cambridge was last sold on 30th January 2018 for £540,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since January 2018, the market for similar properties has dropped 39.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Riverside Place, Cambridge within a radius of 480 metres over the last 2 years.
The most recent example is 42, Riverside Place, Cambridge, CB5 8JF, a leasehold flat which sold for £550,000 on the 27th July 2022.
Read more about house prices in CB5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Riverside Place, Cambridge, CB5 has a total of 77 addresses. According to our analysis of all the public data, 41, Riverside Place, Cambridge is the 12th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £101k more expensive than the average property in CB5.
The closest station to 41, Riverside Place, Cambridge is Cambridge North station which is 1.6 kilometres 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 41, Riverside Place, Cambridge, 39.0% of property is privately rented and 30.1% 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 41, Riverside Place, Cambridge, 17.4% of residents are recorded as possessing school level qualifications and 77.3% 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 41, Riverside Place, Cambridge, the average age was 36.7 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 41, Riverside Place, Cambridge, 4.3% 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 41, Riverside Place, 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.
