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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Green Lane, Cambridge is £697,023 and the estimated rental value is £2,590 per month.
Green Lane, Cambridge, CB5 is located in the borough of South Cambridgeshire within the CB5 postal district.
8, Green Lane, Cambridge has a single entry in the Land Registry from November 2023 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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, Green Lane, Cambridge is in very good condition we estimate a sale value of £731,874 and a rental value of £2,719 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £648,231 and a rental value of £2,409 per month.
Over the last 12 months the sale value of 8 Green Lane Cambridge has decreased by an estimated £16,631 (2.4%) and its rental value has increased by an estimated £14 per month (0.6%), giving an expected gross yield of 4.5%.
8, Green Lane, Cambridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Green Lane, Cambridge was last sold on 24th November 2023 for £719,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2023, the market for similar properties has dropped 15.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Green Lane, Cambridge within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 31, The Avenue, Cambridge, CB5 8LH, a freehold house which sold for £674,102 on the 7th March 2024.
Read more about house prices in CB5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Green Lane, Cambridge, CB5 has a total of 17 addresses. According to our analysis of all the public data, 8, Green Lane, Cambridge is the 2nd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £223k more expensive than the average property in CB5.
The closest station to 8, Green Lane, Cambridge is Cambridge North station which is 1.7 kilometres away.
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 8, Green Lane, Cambridge, 40.7% of property is privately owned with a mortgage and 34.1% 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 8, Green Lane, Cambridge, 16.0% of residents are recorded as possessing school level qualifications and 57.8% 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, Green Lane, Cambridge, the average age was 42.1 and the most common age was 57.
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, Green Lane, Cambridge, 1.6% 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, Green Lane, Cambridge, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.