Redmayne Arnold & Harris says ..

Property Oracle says ..

Melbourne Place is located in the Market area of Cambridge, Cambridgeshire. The property is a terraced house with three bedrooms and two bathrooms, and a total area of 1,466.04 sqft. The list price is £1,000,000.

The property appears to be in good condition. The images show a well-maintained interior with modern updates to the kitchen and bathrooms. The property retains many period features, which adds to its character. The garden is relatively small but well-maintained with several mature plants.

Cambridge is a highly desirable location, known for its prestigious university, excellent schools, and vibrant cultural scene. The proximity to Parkside Community College (Outstanding Ofsted rating) and other highly-rated schools is a significant advantage. The location also offers convenient access to Cambridge train station, providing good transport links.

Considering the average price of £743,500 and average price per sqft of £862 in the area, the list price of £1,000,000 for this 1,466.04 sqft property seems slightly high. However, the property’s excellent condition, period features, and desirable location in Cambridge justify a higher price compared to the average. Nearby comparable properties on Melbourne Place support this assessment, with prices ranging from £750,000 to £1,250,000.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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