Apartment 16, Peel House, 1 Cheveley Road, Newmarket, CB8 8AD is a leasehold flat built between 2003-2006. The property offers approximately 1,098 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £438,197 , which equates to approximately £399 per square foot. It was last sold on 6 Nov 2006 for £330,000. Since then, the value has increased by £108,197, representing a 32.8% increase, or approximately 1.7% per year.

The current estimated value of £438,197 is:

  • 18.0% higher than the average property price on Cheveley Road
  • 19.8% higher than the average in the CB8 8AD postcode area
  • and 19.5% higher than the average price for Newmarket as a whole

At the most recent EPC inspection on 1 September 2021, the property was recorded as rented.

View sold house prices in CB8 8AD

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
1098 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£438,197
Price Per sq ft (estimate)
£399
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Apartment 16, Peel House, 1 Cheveley Road, Newmarket, Forest Heath, Suffolk, CB8 8AD has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 1 Sep 2021.

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 17 Aug 2009, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 6.5%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The lighting was updated from no low energy lighting to low energy lighting in 25% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Electric underfloor heating
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 25% of fixed outlets
Average

Compared to CB8 8AD

20 th / 65
Price Rank
20% higher than average
17 th / 57
Size Rank
3% bigger than average
22 nd / 57
Price Per Sq FT Rank
16% higher than average

Compared to other properties in CB8 8AD , this flat's estimated value ranks 20th out of 65. Based on price per square foot, it ranks 22th out of 57 properties. In terms of size, this home ranks 17th out of 57 properties in its postcode area.

Sale History

Today
£438,197
streetscan.co.uk estimate
+33 %
6 Nov 2006
£330,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 980 sq ft
sale price: £368,000
sale date: 30 Nov 2022
rooms: 3
size: 1098 sq ft
sale price: £355,000
sale date: 7 Sep 2021
rooms: 3
size: 993 sq ft
sale price: £295,000
sale date: 22 Jan 2016
rooms: 3
size: 1055 sq ft
sale price: £340,000
sale date: 31 Jul 2015
rooms: 3
size: 1087 sq ft
sale price: £295,000
sale date: 14 Jul 2014

Data Sources

The property at Apartment 16, Peel House, 1 Cheveley Road, Newmarket, Forest Heath, Suffolk, CB8 8AD appears once in the Land Registry records, with the transaction recorded on 6 Nov 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Sep 2021. 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.