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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
According to the public record, Flat 2, Cherry Trees 509, Cambridge is a modern leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Cherry Trees 509, Cambridge is £251,923 and the estimated rental value is £1,262 per month.
The apartment is within Cherry Trees, Coldhams Lane, Cambridge, CB1.
Coldhams Lane, Cambridge, CB1 is located in the borough of Cambridge within the CB1 postal district.
Flat 2, Cherry Trees 509, Cambridge has a single entry in the Land Registry from April 2022 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 Flat 2, Cherry Trees 509, Cambridge is in very good condition we estimate a sale value of £264,520 and a rental value of £1,325 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,289 and a rental value of £1,173 per month.
Over the last 12 months the sale value of Flat 2 Cherry Trees 509 Cambridge has decreased by an estimated £4,758 (1.9%) and its rental value has increased by an estimated £46 per month (3.6%), giving an expected gross yield of 6%.
Flat 2, Cherry Trees 509, Cambridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Nov 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 2, Cherry Trees 509, Cambridge was last sold on 22nd April 2022 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2022, the market for similar properties has risen 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Cherry Trees 509, Cambridge within a radius of 810 metres over the last 2 years.
The most recent example is Flat 3, Cherry Trees 509, Coldhams Lane, Cambridge, CB1 3JT, a leasehold flat which sold for £250,000 on the 27th October 2023.
Read more about house prices in CB1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coldhams Lane, Cambridge, CB1 has a total of 309 addresses. According to our analysis of all the public data, Flat 2, Cherry Trees 509, Cambridge is the 268th largest and the 259th most expensive property on the street.
When compared to the postcode district it is £261k less expensive than the average property in CB1.
The closest station to Flat 2, Cherry Trees 509, Cambridge is Cambridge station which is 2.4 kilometres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, Cherry Trees 509, Cambridge, 46.6% of property is socially rented and 21.2% 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 Flat 2, Cherry Trees 509, Cambridge, 23.8% of residents are recorded as possessing school level qualifications and 38.8% 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 Flat 2, Cherry Trees 509, Cambridge, the average age was 39 and the most common age was 32.
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 Flat 2, Cherry Trees 509, 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 Flat 2, Cherry Trees 509, Cambridge, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
