Apartment 21, Peel House, 1 Cheveley Road, Newmarket, CB8 8AD is a leasehold flat built between 2003-2006. The property offers approximately 1,087 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £401,597 , which equates to approximately £369 per square foot. It was last sold on 14 Jul 2014 for £295,000. Since then, the value has increased by £106,597, representing a 36.1% increase, or approximately 3.2% per year.

The current estimated value of £401,597 is:

  • 8.2% higher than the average property price on Cheveley Road
  • 9.8% higher than the average in the CB8 8AD postcode area
  • and 9.5% higher than the average price for Newmarket as a whole

Based on EPC inspection history, this property has been mostly rented (2 out of 3 inspections). This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 16 September 2022, 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
1087 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£401,597
Price Per sq ft (estimate)
£369
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Apartment 21, Peel House, 1 Cheveley Road, Newmarket, Forest Heath, Suffolk, CB8 8AD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Sep 2022.

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 26 Oct 2021, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 25%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from very poor to average, while the heating system type remained the same (electric underfloor heating).
Heating Type
Electric underfloor heating
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to CB8 8AD

25 th / 65
Price Rank
10% higher than average
21 st / 57
Size Rank
2% bigger than average
36 th / 57
Price Per Sq FT Rank
7% higher than average

Compared to other properties in CB8 8AD , this flat's estimated value ranks 25th out of 65. Based on price per square foot, it ranks 36th out of 57 properties. In terms of size, this home ranks 21th out of 57 properties in its postcode area.

Sale History

Today
£401,597
streetscan.co.uk estimate
+36 %
14 Jul 2014
£295,000
Leasehold
-4.8 %
14 Nov 2006
£310,000
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: 1044 sq ft
sale price: £320,000
sale date: 18 Mar 2014

Data Sources

The property at Apartment 21, Peel House, 1 Cheveley Road, Newmarket, CB8 8AD appears two times in the Land Registry records, with the latest transaction recorded on 14 Jul 2014. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Sep 2022. 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.