Flat 2, Novum House Water Lane, Cambridge, CB4 1NY is a leasehold flat The property offers approximately 624 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £328,554 , which equates to approximately £526 per square foot. It was last sold on 3 Jul 2023 for £320,000. Since then, the value has increased by £8,554, representing a 2.7% increase, or approximately 1.1% per year.

The current estimated value of £328,554 is:

  • 26.9% lower than the average property price on Water Lane
  • 25.3% lower than the average in the CB4 1NY postcode area
  • and 50.7% lower than the average price for Cambridge as a whole

View sold house prices in CB4 1NY

Building approximate location

About Property

Type
Flat
Built
Interior Size
624 sq ft
Tenure
Leasehold
Price (estimate)
£328,554
Price Per sq ft (estimate)
£526
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, Novum House Water Lane, Cambridge, Cambridgeshire, CB4 1NY has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 1 Oct 2018.

This property uses electric underfloor heating as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are high performance glazing.

Heating Type
Electric underfloor heating
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Average thermal transmittance 0.18 W/m-¦K
Good
Walls
Average thermal transmittance 0.22 W/m-¦K
Very Good
Windows
High performance glazing
Very Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CB4 1NY

9 th / 17
Price Rank
25% lower than average
4 th / 15
Size Rank
18% bigger than average
15 th / 15
Price Per Sq FT Rank
37% lower than average

Compared to other properties in CB4 1NY , this flat's estimated value ranks 9th out of 17. Based on price per square foot, it ranks 15th out of 15 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 4th out of 15 properties in its postcode area.

Sale History

Today
£328,554
streetscan.co.uk estimate
+3 %
3 Jul 2023
£320,000
Leasehold
-18.1 %
27 Nov 2018
£390,800
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms:
size: 624 sq ft
sale price: £400,134
sale date: 24 Dec 2018
rooms:
size: 570 sq ft
sale price: £437,778
sale date: 12 Dec 2018
rooms:
size: 614 sq ft
sale price: £399,998
sale date: 27 Nov 2018
rooms:
size: 614 sq ft
sale price: £392,123
sale date: 27 Nov 2018
rooms:
size: 549 sq ft
sale price: £361,519
sale date: 27 Nov 2018

Data Sources

The property at Flat 2, Novum House Water Lane, Cambridge, CB4 1NY appears two times in the Land Registry records, with the latest transaction recorded on 3 Jul 2023. It also has a single Energy Performance Certificate (EPC) from 1 Oct 2018. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.