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According to the public record, 3A, Mill Road, Cambridge is a modern apartment with 182 ft2 of internal area.
Apartments of this size in this area are normally studios.
Based on available information, and assuming reasonable condition, the estimated sale value for 3A, Mill Road, Cambridge is £157,611 and the estimated rental value is £731 per month.
The apartment is within 3, Mill Road, Cambridge, CB1.
Mill Road, Cambridge, CB1 is located in the borough of Cambridge within the CB1 postal district.
3A, Mill Road, Cambridge has no records in the the Land Registry and a single entry in the EPC database dated September 2019.
We combine this information with public data 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 3A, Mill Road, Cambridge is in very good condition we estimate a sale value of £165,492 and a rental value of £767 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £146,579 and a rental value of £679 per month.
Over the last 12 months the sale value of 3A Mill Road Cambridge has decreased by an estimated £3,046 (1.9%) and its rental value has increased by an estimated £27 per month (3.6%), giving an expected gross yield of 5.6%.
3A, Mill Road, Cambridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Sep 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, warm air, electric.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 3A, Mill Road, Cambridge within a radius of 460 metres over the last 2 years.
The most recent example is Flat 6, 32A , Mill Road, Cambridge, CB1 2AD, a leasehold flat which sold for £160,000 on the 2nd October 2015.
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, 3A, Mill Road, Cambridge is the 521st largest and the 508th most expensive property on the street.
When compared to the postcode district it is £355k less expensive than the average property in CB1.
The closest station to 3A, Mill Road, Cambridge is Cambridge station which is 800 metres 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 3A, Mill Road, Cambridge, 92.2% of property is privately rented and 3.9% 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 3A, Mill Road, Cambridge, 82.6% of residents are recorded as possessing school level qualifications and 66.8% 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 3A, Mill Road, Cambridge, the average age was 35.8 and the most common age was 22.
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 3A, Mill Road, Cambridge, 0.2% 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 3A, Mill Road, Cambridge, there are an average of 0.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.