2 Melbourne Place

    2, MELBOURNE PLACE, CAMBRIDGE, CB1 1EQ

    This terraced freehold property on Melbourne Place last sold in October 2018 for £840,000. Based on price growth in the CB1 district since then, its estimated current value is £986,756 — placing it in the 96th percentile nationally and the 93rd percentile within CB1. The property covers 219 m² (2,357 sq ft), giving an estimated value of £4,506 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,357 sq ft

    219 m²

    Last Sale Price

    £840,000

    Oct 2018

    Estimated Valuation

    £986,756

    Est. £/sq ft

    £419/sq ft

    £4,506/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction age2019
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area2,357 sq ft (219 m²)
    EPC dateSept 2020
    WallsAverage thermal transmittance 0.45 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Oct 2018

    £840,000

    Key Metrics

    Estimated valuation£986,756
    Value per sq ft / m²£419/sq ft (£4,506/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CB1 district percentile93rd percentile
    National percentile96th percentile

    District Context — CB1

    CB1 covers central Cambridge, including areas around the city centre and inner parishes. It is a prosperous, highly educated neighbourhood with a strong professional workforce and significant student population.

    Average Property Price - CB1

    £549,626

    86

    National percentile

    Average Net Household Income - CB1

    £47,624

    83

    National percentile

    10-Year Annualised Price Growth - CB1

    2.3%

    14

    National percentile

    10-Year Annualised Rent Growth - CB

    3.9%

    53

    National percentile

    View full analysis for CB1

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