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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 8, Fairfax Road, Cambridge is a mid-century leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Fairfax Road, Cambridge is £252,466 and the estimated rental value is £1,232 per month.
Fairfax Road, Cambridge, CB1 is located in the borough of Cambridge within the CB1 postal district.
8, Fairfax Road, Cambridge has 51 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated June 2023.
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 8, Fairfax Road, Cambridge is in very good condition we estimate a sale value of £265,090 and a rental value of £1,293 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,794 and a rental value of £1,145 per month.
Over the last 12 months the sale value of 8 Fairfax Road Cambridge has decreased by an estimated £4,769 (1.9%) and its rental value has increased by an estimated £45 per month (3.6%), giving an expected gross yield of 5.9%.
8, Fairfax Road, Cambridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jun 2023.
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, 8, Fairfax Road, Cambridge was last sold on 8th December 2023 for £262,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since December 2023, the market for similar properties has risen 10.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Fairfax Road, Cambridge within a radius of 380 metres over the last 2 years.
The most recent example is 15 Winstanley Court, Cromwell Road, Cambridge, CB1 3UR, a leasehold flat which sold for £240,000 on the 24th February 2023.
Read more about house prices in CB1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairfax Road, Cambridge, CB1 has a total of 41 addresses. According to our analysis of all the public data, 8, Fairfax Road, Cambridge is the 36th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £260k less expensive than the average property in CB1.
The closest station to 8, Fairfax Road, Cambridge is Cambridge station which is 1.0 kilometres away.
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 8, Fairfax Road, Cambridge, 49.2% of property is privately rented and 22.0% is privately owned with a mortgage.
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 8, Fairfax Road, Cambridge, 19.0% of residents are recorded as possessing school level qualifications and 71.4% 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 8, Fairfax Road, Cambridge, the average age was 35.4 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 8, Fairfax Road, Cambridge, 0.7% 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 8, Fairfax Road, 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.
