Flat 1-4, 12
Flat 1-4, 12
Description & Estimates
The public record lists Flat 1-4, 12, Hope Street, Cambridge as a Leasehold apartment.
Comparison with its neighbours suggests a period apartment with 1,240 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 1-4, 12, Hope Street, Cambridge has an estimated sale value of £479,317 and an estimated rental value of £2,101 per month, assuming reasonable condition and based on the information available.
The apartment sits within 12, Hope Street, Cambridge, CB1.
Hope Street, Cambridge, CB1 lies in the borough of Cambridge, within the CB1 postal district.
Our Data Sources
Flat 1-4, 12, Hope Street, Cambridge has a single entry in the Land Registry from January 2014 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 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1-4, 12, Hope Street, Cambridge would be worth £503,283, with a potential rental value of £2,206 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £445,765, with a rental value of £1,954 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1-4, 12, Hope Street, Cambridge has fallen by £12,462 (2.6%) over the last year. During the same period, its estimated monthly rental value has moved up by £5 (0.2%). The property's estimated gross yield is currently 5.3%.
Sold Prices
Flat 1-4, 12, Hope Street, Cambridge last changed hands on 31st January 2014, selling for £510,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 32.4% since January 2014.
- Sold Jan 2014£510,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 360 metres of Flat 1-4, 12, Hope Street, Cambridge across the last 2 years.
Most recently, 10 Hope Street Yard, Hope Street, Cambridge, CB1 3NA, a leasehold flat, sold at £330,000 on the 24th February 2011.
Read more about house prices in CB1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 1-4, 12, Hope Street, Cambridge as the 5th largest and the 28th most expensive of the 45 addresses on Hope Street, Cambridge, CB1.
Against the CB1 postcode district average, it is £39k less expensive than the typical property.
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Schools Nearby
- 700mRidgefield Primary School
- 800mSt Philip's CofE Aided Primary School
- 1.1kmSt Matthew's Primary School
- 700mColeridge Community College
- 1.4kmParkside Community College
- 1.4kmSt Bede's Inter-Church School
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Public Transport Nearby
Cambridge station is the nearest stop to Flat 1-4, 12, Hope Street, Cambridge at 500 metres away.
- 500mCambridge
- 2.7kmCambridge South
- 3.0kmCambridge North
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
