According to the public record, 50, Bishop Way, Cambridge is a mid-century leasehold apartment and with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Bishop Way, Impington, Cambridge, CB24 is located in the borough of South Cambridgeshire within the CB24 postal district.
50, Bishop Way, Cambridge has a single entry in the Land Registry database from February 2022 and a single entry in the EPC database dated April 2021.
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 50 Bishop Way Cambridge as £182,976 and the rental value as £1,036 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 50 Bishop Way Cambridge has increased by £7,871 (4.3%) and its rental value has increased by £73 per month (7.0%).
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 50, Bishop Way, Cambridge is in very good condition we estimate a sale value of £192,125 and rental value of £1,088 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £170,168 and a rental value of £964 per month.
If you were able to purchase this property for the estimated value of £182,976, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £899 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, 50, Bishop Way, Cambridge was last sold on 18 Feb 2022 for £178,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2022, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Bishop Way, Cambridge within a radius of 661m over the last 2 years.
The most recent example is 26, Primrose Lane, Cambridge, CB24 9PQ, a Leasehold flat which sold for £112,500 in Aug 2022.
Read more about house prices in CB24.
Bishop Way, Impington, Cambridge, CB24 has a total of 54 addresses. According to our analysis of all the public data, 50, Bishop Way, Cambridge is the 46th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £257k less expensive than the average property in CB24.
50, Bishop Way, Cambridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Apr 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 50, Bishop Way, Cambridge is Cambridge North station which is 4.4 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 50, Bishop Way, Cambridge, 35.0% of property is socially rented and 31.4% 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 50, Bishop Way, Cambridge, 18.2% of residents are recorded as possessing school level qualifications and 48.6% 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 50, Bishop Way, Cambridge, the average age was 40.6 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 50, Bishop Way, 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 50, Bishop Way, 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.