Apartment 1, Peel House, 1 Cheveley Road, Newmarket, CB8 8AD is a leasehold flat built between 2003-2006. The property offers approximately 2,024 square feet of living space. In this location, apartments of similar size usually have six bedrooms.

The estimated current market value of the property is £572,091 , which equates to approximately £283 per square foot. It was last sold on 26 May 2017 for £515,000. Since then, the value has increased by £57,091, representing a 11.1% increase, or approximately 1.3% per year.

The current estimated value of £572,091 is:

  • 54.1% higher than the average property price on Cheveley Road
  • 56.4% higher than the average in the CB8 8AD postcode area
  • and 56.0% higher than the average price for Newmarket as a whole

At the most recent EPC inspection on 11 September 2009, the property was recorded as owner-occupied.

View sold house prices in CB8 8AD

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
2024 sq ft
Tenure
Leasehold
Price (estimate)
£572,091
Price Per sq ft (estimate)
£283
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Apartment 1, Peel House, 1 Cheveley Road, Newmarket, Forest Heath, Suffolk, CB8 8AD has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 11 Nov 2019.

This property uses electric underfloor heating as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 11 Sep 2009, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 22%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (electric underfloor heating).
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in 29% of fixed outlets, with efficiency improving from poor to average.
Heating Type
Electric underfloor heating
Very Poor
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 29% of fixed outlets
Average

Compared to CB8 8AD

4 th / 65
Price Rank
56% higher than average
5 th / 57
Size Rank
91% bigger than average
42 nd / 57
Price Per Sq FT Rank
18% lower than average

Compared to other properties in CB8 8AD , this flat's estimated value ranks 4th out of 65. Based on price per square foot, it ranks 42th out of 57 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 5th out of 57 properties in its postcode area.

Sale History

Today
£572,091
streetscan.co.uk estimate
+11 %
26 May 2017
£515,000
Leasehold
+12.6 %
10 Jan 2011
£457,500
Leasehold
-20.4 %
4 Dec 2006
£575,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1894 sq ft
sale price: £350,000
sale date: 28 Mar 2022
rooms: 4
size: 1830 sq ft
sale price: £435,000
sale date: 30 May 2007

Data Sources

The property at Apartment 1, Peel House, 1 Cheveley Road, Newmarket, CB8 8AD appears three times in the Land Registry records, with the latest transaction recorded on 26 May 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Nov 2019. 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.