According to the public record, 23, Broad Street, Cambridge is a modern leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Broad Street, Cambridge, CB1 is located in the borough of Cambridge within the CB1 postal district.
23, Broad Street, Cambridge has 31 entries in the Land Registry database, most recently in March 2023 and a single entry in the EPC database dated November 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 23 Broad Street Cambridge as £332,808 and the rental value as £1,483 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 23 Broad Street Cambridge has increased by £14,400 (4.3%) and its rental value has increased by £113 per month (7.6%).
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 23, Broad Street, Cambridge is in very good condition we estimate a sale value of £349,448 and rental value of £1,557 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £309,511 and a rental value of £1,379 per month.
If you were able to purchase this property for the estimated value of £332,808, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,636 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 23, Broad Street, Cambridge was last sold on 31 Mar 2023 for £325,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2023, the market for similar properties has risen 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Broad Street, Cambridge within a radius of 400 metres over the last 2 years.
The most recent example is 4 Guthrie Court, Paradise Street, Cambridge, CB1 1AJ, a Leasehold flat which sold for £320,000 in Apr 2024.
Read more about house prices in CB1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 400 metres radius of 23, Broad Street, Cambridge over the last 2 years.
Most recently 18A, Mill Road, Cambridge, CB1 2AD, a Leasehold flat let by Saint Andrews Bureau in Apr 2024.
Broad Street, Cambridge, CB1 has a total of 8 addresses. According to our analysis of all the public data, 23, Broad Street, Cambridge is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in CB1.
23, Broad Street, Cambridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Nov 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 23, Broad Street, Cambridge is Cambridge station which is 1.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, Broad Street, Cambridge, 40.3% of property is privately rented and 27.7% is privately owned outright.
The graph below shows how this compares to Greater London 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 23, Broad Street, Cambridge, 57.1% of residents are recorded as possessing school level qualifications and 47.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 23, Broad Street, Cambridge, the average age was 35.8 and the most common age was 22.
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 23, Broad Street, Cambridge, 1.3% 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 23, Broad Street, Cambridge, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.