According to the public record, 24, Drings Close, Cambridge is a mid-century freehold house and with 925 ft2 of internal area and sits on a 185 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Drings Close, Over, Cambridge, CB24 is located in the borough of South Cambridgeshire within the CB24 postal district.
24, Drings Close, Cambridge has 2 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated February 2023.
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 24 Drings Close Cambridge as £292,363 and the rental value as £1,247 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 24 Drings Close Cambridge has increased by £4,752 (1.6%) and its rental value has increased by £84 per month (6.7%).
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 24, Drings Close, Cambridge is in very good condition we estimate a sale value of £306,981 and rental value of £1,309 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,897 and a rental value of £1,159 per month.
If you were able to purchase this property for the estimated value of £292,363, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,437 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 data from HM Land Registry, 24, Drings Close, Cambridge sits on a plot of 185m2.
We have plot size data on 8 out of 12 other houses in the postcode and 24, Drings Close, Cambridge sits on the largest plot.
According to HM Land Registry, 24, Drings Close, Cambridge was last sold on 21 Jul 2023 for £285,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2023, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Drings Close, Cambridge within a radius of 83m over the last 2 years.
The most recent example is 10, Drings Close, Cambridge, CB24 5NZ, a Freehold house which sold for £295,000 in Mar 2023.
Read more about house prices in CB24.
Drings Close, Over, Cambridge, CB24 has a total of 32 addresses. According to our analysis of all the public data, 24, Drings Close, Cambridge is the 8th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £147k less expensive than the average property in CB24.
24, Drings Close, Cambridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Feb 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 24, Drings Close, Cambridge is Waterbeach station which is 13.9 km 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 24, Drings Close, Cambridge, 30.3% of property is socially rented and 28.6% is privately owned with a mortgage.
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 24, Drings Close, Cambridge, 17.8% of residents are recorded as possessing school level qualifications and 31.6% 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 24, Drings Close, Cambridge, the average age was 42.2 and the most common age was 47.
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 24, Drings Close, Cambridge, 2.0% 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 24, Drings Close, Cambridge, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.