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Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Park Parade, Cambridge is £1,387,315 and the estimated rental value is £4,168 per month.
Park Parade, Cambridge, CB5 is located in the borough of Cambridge within the CB5 postal district.
8, Park Parade, Cambridge has 41 entries in the Land Registry , most recently in November 2023 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Park Parade, Cambridge is in very good condition we estimate a sale value of £1,456,681 and a rental value of £4,376 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,290,203 and a rental value of £3,876 per month.
Over the last 12 months the sale value of 8 Park Parade Cambridge has decreased by an estimated £71,705 (5.2%) and its rental value has increased by an estimated £4 per month (0.1%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, 8, Park Parade, Cambridge sits on a plot of 125m2.
We have plot size data on 19 out of 26 other houses in the postcode and 8, Park Parade, Cambridge sits on the 16th largest plot.
8, Park Parade, Cambridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Mar 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, Park Parade, Cambridge was last sold on 2nd November 2023 for £1,465,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since November 2023, the market for similar properties has dropped 40.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Park Parade, Cambridge within a radius of 600 metres over the last 2 years.
The most recent example is 13, Hertford Street, Cambridge, CB4 3AE, a freehold house which sold for £1,350,000 on the 23rd August 2024.
Read more about house prices in CB5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Parade, Cambridge, CB5 has a total of 29 addresses. According to our analysis of all the public data, 8, Park Parade, Cambridge is the 14th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £924k more expensive than the average property in CB5.
The closest station to 8, Park Parade, Cambridge is Cambridge station which is 2.2 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 8, Park Parade, 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 8, Park Parade, 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 8, Park Parade, 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, Park Parade, 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.