Flat 4, Parkhouse 40
Flat 4, Parkhouse 40
Description & Estimates
According to the public record, Flat 4, Parkhouse 40, Cambridge is a modern leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, Parkhouse 40, Cambridge is £350,157 and the estimated rental value is £1,370 per month.
The apartment is within Parkhouse, Queen Ediths Way, Cambridge, CB1.
Queen Ediths Way, Cambridge, CB1 is located in the borough of Cambridge within the CB1 postal district.
Our Data Sources
Flat 4, Parkhouse 40, Cambridge has 2 entries in the Land Registry , most recently in October 2016 and a single entry in the EPC database dated August 2015.
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
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 4, Parkhouse 40, Cambridge is in very good condition we estimate a sale value of £367,665 and a rental value of £1,438 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,646 and a rental value of £1,274 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 4, Parkhouse 40, Cambridge has declined by £2,632 (0.8%), while its estimated rental value has climbed by £31 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 4.7%.
Energy Efficiency
Flat 4, Parkhouse 40, Cambridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Aug 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Sold Prices
According to HM Land Registry, Flat 4, Parkhouse 40, Cambridge was last sold on 28th October 2016 for £355,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2016, the market for similar properties has dropped by 30.1%.
- Sold Oct 2016£355,000
- Sold Dec 2009£243,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Parkhouse 40, Cambridge within a radius of 700 metres over the last 2 years.
The most recent example is Flat 11, King Edward House 27, Queen Ediths Way, Cambridge, CB1 7AX, a leasehold flat which sold for £350,000 on the 31st January 2024.
Read more about house prices in CB1.
- Sold Jan 2024£350,000 | 2 Bed FlatKing Edward House 27, Queen Ediths WayFlat 11, King Edward House 27, Queen Ediths Way, Cambridge, CB1 7AX
- Sold Mar 2018£403,000 | 2 Bed FlatTamara House 30, Queen Ediths WayFlat 6, Tamara House 30, Queen Ediths Way, Cambridge, CB1 7PL
- Sold Feb 2015£249,500 | 2 Bed FlatEdeva Court2, Edeva Court, Cambridge, CB1 8AF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Queen Ediths Way, Cambridge, CB1 has a total of 310 addresses. According to our analysis of all the public data, Flat 4, Parkhouse 40, Cambridge is the 301st largest and the 281st most expensive property on the street.
When compared to the postcode district it is £169k less expensive than the average property in CB1.
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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
The closest station to Flat 4, Parkhouse 40, Cambridge is Cambridge South station, which is 1.4 kilometres away.
- 1.4kmCambridge South
- 2.0kmCambridge
- 3.5kmShelford (Cambs)
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
