Flat 7, Parkhouse 40
Flat 7, Parkhouse 40
Description & Estimates
The public record lists Flat 7, Parkhouse 40, Cambridge as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 921 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 7, Parkhouse 40, Cambridge has an estimated sale value of £479,616 and an estimated rental value of £1,771 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 7, Parkhouse 40, Cambridge has a single entry in the Land Registry from June 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 7, Parkhouse 40, Cambridge would be worth £503,597, with a potential rental value of £1,860 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £446,043, with a rental value of £1,647 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 7, Parkhouse 40, Cambridge has moved down by £12,469 (2.6%) over the last year. During the same period, its estimated monthly rental value has increased by £4 (0.2%). The property's estimated gross yield is currently 4.4%.
Sold Prices
Flat 7, Parkhouse 40, Cambridge last changed hands on 11th June 2010, selling for £370,000. 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 21.5% since June 2010.
- Sold Jun 2010£370,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 700 metres of Flat 7, Parkhouse 40, Cambridge across the last 2 years.
Most recently, Flat 5, Mulgrave Court, Mowbray Road, Cambridge, CB1 7DP, a leasehold flat, sold at £400,000 on the 31st March 2023.
Read more about house prices in CB1.
- Sold Mar 2023£400,000 | 3 Bed FlatMulgrave Court, Mowbray RoadFlat 5, Mulgrave Court, Mowbray Road, Cambridge, CB1 7DP
- Sold Mar 2019£467,000 | 3 Bed FlatEditha House 33, Queen Ediths WayFlat 5, Editha House 33, Queen Ediths Way, Cambridge, CB1 8PJ
- Sold Dec 2015£427,500 | 3 Bed FlatParkhouse 40, Queen Ediths WayFlat 8, 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 7, Parkhouse 40, Cambridge as the 234th largest and the 244th most expensive of the 310 addresses on Queen Ediths Way, Cambridge, CB1.
Against the CB1 postcode district average, it is £39k 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 7, 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.
