Flat 3 Novum House Water Lane

    FLAT 3 NOVUM HOUSE, WATER LANE, CAMBRIDGE, CB4 1NY

    This flat/maisonette leasehold property on Water Lane last sold in November 2018 for £387,982. Based on price growth in the CB4 district since then, its estimated current value is £364,480 — placing it in the 62nd percentile nationally and the 35th percentile within CB4. The property covers 55 m² (592 sq ft), giving an estimated value of £6,627 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £387,982

    Nov 2018

    Estimated Valuation

    £364,480

    Est. £/sq ft

    £616/sq ft

    £6,627/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2017
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentC
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateOct 2018
    WallsAverage thermal transmittance 0.23 W/m²K
    HeatingElectric underfloor heating

    Transaction History

    27 Nov 2018

    New build

    £387,982

    Key Metrics

    Estimated valuation£364,480
    Value per sq ft / m²£616/sq ft (£6,627/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CB4 district percentile35th percentile
    National percentile62nd percentile

    District Context — CB4

    CB4 covers areas to the north and northwest of Cambridge city centre, including parts of Chesterton and surrounding residential neighbourhoods. It is a prosperous and professional area with strong appeal to families and established households.

    Average Property Price - CB4

    £483,972

    79

    National percentile

    Average Net Household Income - CB4

    £47,671

    83

    National percentile

    10-Year Annualised Price Growth - CB4

    1.9%

    8

    National percentile

    10-Year Annualised Rent Growth - CB

    3.9%

    53

    National percentile

    View full analysis for CB4

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