Apartment 3, Peel House, 1 Cheveley Road, Newmarket, CB8 8AD is a leasehold flat built in 2007 onwards. The property offers approximately 1,066 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £400,309 , which equates to approximately £376 per square foot. It was last sold on 21 Sep 2007 for £320,000. Since then, the value has increased by £80,309, representing a 25.1% increase, or approximately 1.4% per year.

The current estimated value of £400,309 is:

  • 7.8% higher than the average property price on Cheveley Road
  • 9.4% higher than the average in the CB8 8AD postcode area
  • and 9.2% higher than the average price for Newmarket as a whole

View sold house prices in CB8 8AD

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
1066 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£400,309
Price Per sq ft (estimate)
£376
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Apartment 3, 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 24 Aug 2020.

This property uses electric underfloor heating as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 28 Jul 2010. The rating of C is unchanged, though the energy efficiency score decreased by 6.4%.

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 hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The lighting was updated from low energy lighting in 15% of fixed outlets to no low energy lighting, with efficiency changing from poor to very poor.
Heating Type
Electric underfloor heating
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to CB8 8AD

28 th / 65
Price Rank
9% higher than average
22 nd / 57
Size Rank
0% same size than average
39 th / 57
Price Per Sq FT Rank
9% higher than average

Compared to other properties in CB8 8AD , this flat's estimated value ranks 28th out of 65. Based on price per square foot, it ranks 39th 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 22th out of 57 properties in its postcode area.

Sale History

Today
£400,309
streetscan.co.uk estimate
+25 %
21 Sep 2007
£320,000
Leasehold
+6.7 %
13 Nov 2006
£300,000
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 3, Peel House, 1 Cheveley Road, Newmarket, CB8 8AD appears two times in the Land Registry records, with the latest transaction recorded on 21 Sep 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Aug 2020. 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.