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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, 261A, Mill Road, Cambridge is a period house with 581 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 261A, Mill Road, Cambridge is £288,038 and the estimated rental value is £1,210 per month.
Mill Road, Cambridge, CB1 is located in the borough of Cambridge within the CB1 postal district.
261A, Mill Road, Cambridge has no records in the the Land Registry and a single entry in the EPC database dated August 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 261A, Mill Road, Cambridge is in very good condition we estimate a sale value of £302,440 and a rental value of £1,270 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,875 and a rental value of £1,125 per month.
Over the last 12 months the sale value of 261A Mill Road Cambridge has decreased by an estimated £11,672 (4.1%) and its rental value has increased by an estimated £14 per month (1.1%), giving an expected gross yield of 5%.
261A, Mill Road, Cambridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Aug 2023.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 380 metres radius of 261A, Mill Road, Cambridge over the last 2 years.
The most recent example is 267, Mill Road, Cambridge, CB1 3DF, a freehold house which sold for £499,950 on the 9th June 2023.
Read more about house prices in CB1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Road, Cambridge, CB1 has a total of 521 addresses. According to our analysis of all the public data, 261A, Mill Road, Cambridge is the 240th largest and the 261st most expensive property on the street.
When compared to the postcode district it is £225k less expensive than the average property in CB1.
The closest station to 261A, Mill Road, Cambridge is Cambridge station which is 800 metres 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 261A, Mill Road, Cambridge, 41.0% of property is privately rented and 27.0% 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 261A, Mill Road, Cambridge, 26.1% of residents are recorded as possessing school level qualifications and 68.7% 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 261A, Mill 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 261A, Mill Road, Cambridge, 2.9% 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 261A, Mill 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.
