2 Park Parade

    2, PARK PARADE, CAMBRIDGE, CB5 8AL

    This terraced freehold property on Park Parade last sold in May 2023 for £1,350,000. Based on price growth in the CB5 district since then, its estimated current value is £1,068,894 — placing it in the 96th percentile nationally and the 97th percentile within CB5. The property covers 189 m² (2,034 sq ft), giving an estimated value of £5,656 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,034 sq ft

    189 m²

    Last Sale Price

    £1,350,000

    May 2023

    Estimated Valuation

    £1,068,894

    Est. £/sq ft

    £525/sq ft

    £5,656/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageB
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area2,034 sq ft (189 m²)
    EPC dateApr 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 May 2023

    £1,350,000

    Key Metrics

    Estimated valuation£1,068,894
    Value per sq ft / m²£525/sq ft (£5,656/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CB5 district percentile97th percentile
    National percentile96th percentile

    District Context — CB5

    CB5 covers central Cambridge, including areas around the university colleges and the historic city centre. It is an affluent, highly educated neighbourhood shaped by its academic heritage and appeal to professionals and students.

    Average Property Price - CB5

    £458,973

    76

    National percentile

    Average Net Household Income - CB5

    £45,574

    77

    National percentile

    10-Year Annualised Price Growth - CB5

    1.3%

    4

    National percentile

    10-Year Annualised Rent Growth - CB

    3.9%

    53

    National percentile

    View full analysis for CB5

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