Flat 1, Parkhouse 40
Flat 1, Parkhouse 40
Description & Estimates
The public record lists Flat 1, Parkhouse 40, Cambridge as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 739 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 1, Parkhouse 40, Cambridge has an estimated sale value of £409,831 and an estimated rental value of £1,533 per month, assuming reasonable condition and based on the information available.
The apartment sits within Parkhouse, Queen Ediths Way, Cambridge, CB1.
Queen Ediths Way, Cambridge, CB1 lies in the borough of Cambridge, within the CB1 postal district.
Our Data Sources
Flat 1, Parkhouse 40, Cambridge has 2 entries in the Land Registry , most recently in February 2010 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 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1, Parkhouse 40, Cambridge would be worth £430,323, with a potential rental value of £1,610 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £381,143, with a rental value of £1,426 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, Parkhouse 40, Cambridge has fallen by £3,081 (0.8%) over the last year. During the same period, its estimated monthly rental value has moved up by £35 (2.3%). The property's estimated gross yield is currently 4.5%.
Sold Prices
Flat 1, Parkhouse 40, Cambridge last changed hands on 1st February 2010, selling for £280,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 9.8% since February 2010.
- Sold Feb 2010£280,000
- Sold Apr 2007£1,111,300
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 700 metres of Flat 1, Parkhouse 40, Cambridge across the last 2 years.
Most recently, Flat 2, Regency Gate 29, Queen Ediths Way, Cambridge, CB1 7AP, a leasehold flat, sold at £450,000 on the 21st June 2024.
Read more about house prices in CB1.
- Sold Jun 2024£450,000 | 2 Bed FlatRegency Gate 29, Queen Ediths WayFlat 2, Regency Gate 29, Queen Ediths Way, Cambridge, CB1 7AP
- Sold Dec 2023£420,000 | 2 Bed FlatRegency Gate 29, Queen Ediths WayFlat 6, Regency Gate 29, Queen Ediths Way, Cambridge, CB1 7AP
- Sold Nov 2022£415,000 | 2 Bed FlatParkhouse 40, Queen Ediths WayFlat 2, Parkhouse 40, Queen Ediths Way, Cambridge, CB1 8PW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 1, Parkhouse 40, Cambridge as the 282nd largest and the 262nd most expensive of the 310 addresses on Queen Ediths Way, Cambridge, CB1.
Against the CB1 postcode district average, it is £109k less expensive than the typical property.
More reading links
Schools Nearby
- 300mQueen Edith Primary School
- 900mQueen Emma Primary School
- 900mMorley Memorial Primary School
- 900mThe Netherhall School
- 1.0kmCambridge Academy for Science and Technology
- 1.4kmSt Bede's Inter-Church School
More reading links
Public Transport Nearby
Cambridge South station is the nearest stop to Flat 1, Parkhouse 40, Cambridge at 1.4 kilometres away.
- 1.4kmCambridge South
- 2.0kmCambridge
- 3.5kmShelford (Cambs)
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.
