According to the public record, 7, Fitzroy Lane, Cambridge is a modern leasehold apartment and with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Fitzroy Lane, Cambridge, CB1 is located in the borough of Cambridge within the CB1 postal district.
7, Fitzroy Lane, Cambridge has a single entry in the Land Registry database from June 2011 and 2 entries in the EPC database, most recently in June 2022.
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 7 Fitzroy Lane Cambridge as £386,819 and the rental value as £1,680 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 7 Fitzroy Lane Cambridge has increased by £18,068 (4.7%) and its rental value has increased by £131 per month (7.8%).
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 7, Fitzroy Lane, Cambridge is in very good condition we estimate a sale value of £406,160 and rental value of £1,764 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,742 and a rental value of £1,563 per month.
If you were able to purchase this property for the estimated value of £386,819, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,901 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, 7, Fitzroy Lane, Cambridge was last sold on 02 Jun 2011 for £227,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2011, the market for similar properties has risen 59.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Fitzroy Lane, Cambridge within a radius of 308m over the last 2 years.
The most recent example is 29, Bailey Mews, Cambridge, CB5 8DR, a Leasehold flat which sold for £435,000 in Jul 2023.
Read more about house prices in CB1.
Fitzroy Lane, Cambridge, CB1 has a total of 13 addresses. According to our analysis of all the public data, 7, Fitzroy Lane, Cambridge is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £146k less expensive than the average property in CB1.
7, Fitzroy Lane, Cambridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jun 2022.
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 7, Fitzroy Lane, Cambridge is Cambridge station which is 1.5 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 7, Fitzroy Lane, Cambridge, 55.9% of property is privately rented and 23.5% 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 7, Fitzroy Lane, Cambridge, 21.9% of residents are recorded as possessing school level qualifications and 69.5% 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 7, Fitzroy Lane, Cambridge, the average age was 30.6 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 7, Fitzroy Lane, Cambridge, 0.4% 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 7, Fitzroy Lane, Cambridge, there are an average of 0.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.