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Company No. 11113204
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According to the public record, 7, Mill Way, Cambridge is a modern freehold house with 4,413 ft2 of internal area.
Houses of this size in this area normally have 6 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Mill Way, Cambridge is £2,816,379 and the estimated rental value is £6,849 per month.
Mill Way, Grantchester, Cambridge, CB3 is located in the borough of South Cambridgeshire within the CB3 postal district.
7, Mill Way, Cambridge has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Mill Way, Cambridge is in very good condition we estimate a sale value of £2,957,198 and a rental value of £7,191 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,619,233 and a rental value of £6,369 per month.
Over the last 12 months the sale value of 7 Mill Way Cambridge has decreased by an estimated £95,754 (3.4%) and its rental value has decreased by an estimated £28 per month (0.4%), giving an expected gross yield of 2.9%.
7, Mill Way, Cambridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jun 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, oil.
According to HM Land Registry, 7, Mill Way, Cambridge was last sold on 1st December 2022 for £3,000,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has risen 12.9%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 7, Mill Way, Cambridge within a radius of 1.5 kilometres over the last 2 years.
The most recent example is Old Mill House, Trumpington Road, Cambridge, CB2 8EX, a freehold house which sold for £2,825,000 on the 31st August 2021.
Read more about house prices in CB3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Way, Grantchester, Cambridge, CB3 has a total of 21 addresses. According to our analysis of all the public data, 7, Mill Way, Cambridge is the largest and the most expensive property on the street.
When compared to the postcode district it is £2.034m more expensive than the average property in CB3.
The closest station to 7, Mill Way, Cambridge is Cambridge South station which is 2.6 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 7, Mill Way, Cambridge, % of property is and % is .
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, Mill Way, Cambridge, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Mill Way, Cambridge, 0.0% 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, Mill Way, Cambridge, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
