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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, Gray Road, Cambridge is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 574 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Gray Road, Cambridge is £263,128 and the estimated rental value is £1,398 per month.
The apartment is within 8, Gray Road, Cambridge, CB1.
Gray Road, Cambridge, CB1 is located in the borough of Cambridge within the CB1 postal district.
8, Gray Road, Cambridge has 21 entries in the Land Registry , most recently in September 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 8, Gray Road, Cambridge is in very good condition we estimate a sale value of £276,285 and a rental value of £1,467 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,709 and a rental value of £1,300 per month.
Over the last 12 months the sale value of 8 Gray Road Cambridge has decreased by an estimated £7,009 (2.7%) and its rental value has increased by an estimated £42 per month (3.0%), giving an expected gross yield of 6.4%.
According to HM Land Registry, 8, Gray Road, Cambridge was last sold on 20th September 2010 for £144,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2010, the market for similar properties has risen 76.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Gray Road, Cambridge within a radius of 540 metres over the last 2 years.
The most recent example is 30A, Gray Road, Cambridge, CB1 3TA, a leasehold flat which sold for £239,000 on the 16th December 2022.
Read more about house prices in CB1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gray Road, Cambridge, CB1 has a total of 68 addresses. According to our analysis of all the public data, 8, Gray Road, Cambridge is the 8th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £250k less expensive than the average property in CB1.
The closest station to 8, Gray Road, Cambridge is Cambridge station which is 1.4 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Gray Road, Cambridge, 43.6% of property is privately owned outright and 28.2% is socially 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 8, Gray Road, Cambridge, 24.5% of residents are recorded as possessing school level qualifications and 62.3% 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 8, Gray Road, Cambridge, the average age was 36.9 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, Gray Road, 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 8, Gray 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.
