Flat 2 Novum House Water Lane

    FLAT 2 NOVUM HOUSE, WATER LANE, CAMBRIDGE, CB4 1NY

    This flat/maisonette leasehold property on Water Lane last sold in July 2023 for £320,000. Based on price growth in the CB4 district since then, its estimated current value is £310,955 — placing it in the 52nd percentile nationally and the 25th percentile within CB4. The property covers 58 m² (624 sq ft), giving an estimated value of £5,361 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £320,000

    Jul 2023

    Estimated Valuation

    £310,955

    Est. £/sq ft

    £498/sq ft

    £5,361/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction age2017
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateOct 2018
    WallsAverage thermal transmittance 0.22 W/m²K
    HeatingElectric underfloor heating

    Transaction History

    3 Jul 2023

    £320,000

    27 Nov 2018

    New build

    £390,800

    Key Metrics

    Estimated valuation£310,955
    Value per sq ft / m²£498/sq ft (£5,361/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CB4 district percentile25th percentile
    National percentile52nd 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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