Flat 3, Parkhouse 40
Flat 3, Parkhouse 40
Description & Estimates
Flat 3, Parkhouse 40, Cambridge is recorded publicly as a modern leasehold apartment across 699 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, Parkhouse 40, Cambridge is £396,363 and its rental estimate is £1,499 per month, given the available information and assuming reasonable condition.
Parkhouse, Queen Ediths Way is a residential building on Queen Ediths Way, Cambridge, CB1 and falls within the CB1 postal district and the borough of Cambridge.
Our Data Sources
Flat 3, Parkhouse 40, Cambridge has a single entry in the Land Registry from March 2010 and a single entry in the EPC database dated May 2023.
We combine this information with that 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 3, Parkhouse 40, Cambridge, we estimate a market value of £416,181 and a rental value of £1,574 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £368,618 and £1,394 per month respectively.
Recent Market Change
Over the last year, Flat 3, Parkhouse 40, Cambridge has seen its estimated sale value decrease by £2,979 (0.8%) and its estimated rental value grow by £34 per month (2.3%). This results in an estimated gross rental yield of 4.5%.
Energy Efficiency
Flat 3, Parkhouse 40, Cambridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 May 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Sold Prices
The most recent sale of Flat 3, Parkhouse 40, Cambridge completed on 31st March 2010 at £286,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 8.9% over the period since March 2010.
- Sold Mar 2010£286,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, Parkhouse 40, Cambridge have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2024, was 6, Edeva Court, Cambridge, CB1 8AF, a leasehold flat which sold for £375,000.
Read more about house prices in CB1.
- Sold Mar 2024£375,000 | 2 Bed FlatEdeva Court6, Edeva Court, Cambridge, CB1 8AF
- Sold Nov 2022£415,000 | 2 Bed FlatParkhouse 40, Queen Ediths WayFlat 2, Parkhouse 40, Queen Ediths Way, Cambridge, CB1 8PW
- Sold Jun 2021£360,000 | 2 Bed FlatParkhouse 40, Queen Ediths WayFlat 6, 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
Of the 310 addresses on Queen Ediths Way, Cambridge, CB1, Flat 3, Parkhouse 40, Cambridge comes out as the 287th largest and the 270th most expensive in our analysis of the public data.
It is also £122k less expensive than the average property across the CB1 district.
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
From Flat 3, Parkhouse 40, Cambridge, the nearest station is Cambridge South, 1.4 kilometres away.
- 1.4kmCambridge South
- 2.0kmCambridge
- 3.5kmShelford (Cambs)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
