According to the public record, 42, Beacon Rise 160, Cambridge is a modern leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Beacon Rise, Newmarket Road, Cambridge, CB5.
Newmarket Road, Cambridge, CB5 is located in the borough of Cambridge within the CB5 postal district.
42, Beacon Rise 160, Cambridge has a single entry in the Land Registry database from August 2017 and a single entry in the EPC database dated November 2016.
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 42 Beacon Rise 160 Cambridge as £337,029 and the rental value as £1,683 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 42 Beacon Rise 160 Cambridge has increased by £7,134 (2.1%) and its rental value has increased by £85 per month (5.0%).
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 42, Beacon Rise 160, Cambridge is in very good condition we estimate a sale value of £353,881 and rental value of £1,768 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,437 and a rental value of £1,566 per month.
If you were able to purchase this property for the estimated value of £337,029, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,656 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, 42, Beacon Rise 160, Cambridge was last sold on 10 Aug 2017 for £405,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2017, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Beacon Rise 160, Cambridge within a radius of 380 metres over the last 2 years.
The most recent example is 38, Beacon Rise 160, Newmarket Road, Cambridge, CB5 8AX, a Leasehold flat which sold for £318,750 in Feb 2023.
Read more about house prices in CB5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newmarket Road, Cambridge, CB5 has a total of 623 addresses. According to our analysis of all the public data, 42, Beacon Rise 160, Cambridge is the 353rd largest and the 393rd most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in CB5.
42, Beacon Rise 160, Cambridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Nov 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 42, Beacon Rise 160, Cambridge is Cambridge station which is 1.6 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 42, Beacon Rise 160, Cambridge, 30.0% of property is privately owned with a mortgage and 27.9% 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 42, Beacon Rise 160, Cambridge, 23.2% of residents are recorded as possessing school level qualifications and 40.1% 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 42, Beacon Rise 160, Cambridge, the average age was 36.7 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 42, Beacon Rise 160, Cambridge, 0.5% 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 42, Beacon Rise 160, Cambridge, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.