According to the public record, 416, Clara Rackham Street, Cambridge is a modern apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Clara Rackham Street, Cambridge, CB1 is located in the borough of Cambridge within the CB1 postal district.
416, Clara Rackham Street, Cambridge has no records in the Land Registry database and a single entry in the EPC database dated September 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 416 Clara Rackham Street Cambridge as £354,095 and the rental value as £1,556 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 416 Clara Rackham Street Cambridge has increased by £14,560 (4.1%) and its rental value has increased by £118 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 416, Clara Rackham Street, Cambridge is in very good condition we estimate a sale value of £371,800 and rental value of £1,634 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £329,308 and a rental value of £1,447 per month.
If you were able to purchase this property for the estimated value of £354,095, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,740 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 416, Clara Rackham Street, Cambridge within a radius of 370 metres over the last 2 years.
The most recent example is 254, Clara Rackham Street, Cambridge, CB1 3FL, a Leasehold flat which sold for £379,950 in Apr 2023.
Read more about house prices in CB1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clara Rackham Street, Cambridge, CB1 has a total of 218 addresses. According to our analysis of all the public data, 416, Clara Rackham Street, Cambridge is the 217th largest and the 199th most expensive property on the street.
When compared to the postcode district it is £179k less expensive than the average property in CB1.
416, Clara Rackham Street, Cambridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 416, Clara Rackham Street, Cambridge is Cambridge station which is 1.0 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 416, Clara Rackham Street, Cambridge, 38.2% of property is privately rented and 30.1% is socially rented.
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 416, Clara Rackham Street, Cambridge, 23.1% of residents are recorded as possessing school level qualifications and 57.5% 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 416, Clara Rackham Street, Cambridge, the average age was 35.4 and the most common age was 27.
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 416, Clara Rackham Street, Cambridge, 0.0% 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 416, Clara Rackham Street, Cambridge, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.