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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 7, Mere Way, Cambridge is £339,577 and the estimated rental value is £1,558 per month.
Mere Way, Cambridge, CB4 is located in the borough of Cambridge within the CB4 postal district.
7, Mere Way, Cambridge has no records in the the Land Registry and a single entry in the EPC database dated December 2022.
We combine this information with public data 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 7, Mere Way, Cambridge is in very good condition we estimate a sale value of £356,556 and a rental value of £1,636 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £315,806 and a rental value of £1,449 per month.
Over the last 12 months the sale value of 7 Mere Way Cambridge has decreased by an estimated £11,860 (3.5%) and its rental value has increased by an estimated £18 per month (1.1%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 7, Mere Way, Cambridge sits on a plot of 250m2.
We have plot size data on 13 out of 20 other houses in the postcode and 7, Mere Way, Cambridge sits on the 7th largest plot.
7, Mere Way, Cambridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Mere Way, Cambridge within a radius of 470 metres over the last 2 years.
The most recent example is 25, Mere Way, Cambridge, CB4 2JP, a freehold house which sold for £342,500 on the 19th May 2023.
Read more about house prices in CB4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mere Way, Cambridge, CB4 has a total of 34 addresses. According to our analysis of all the public data, 7, Mere Way, Cambridge is the 30th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £109k less expensive than the average property in CB4.
The closest station to 7, Mere Way, Cambridge is Cambridge North station which is 2.4 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Mere Way, Cambridge, 31.8% of property is privately owned with a mortgage and 27.3% 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 7, Mere Way, Cambridge, 24.4% of residents are recorded as possessing school level qualifications and 40.2% 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 7, Mere Way, Cambridge, the average age was 37.6 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 7, Mere Way, Cambridge, 1.5% 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 7, Mere Way, Cambridge, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.