1, May Gardens
1, May Gardens
Description & Estimates
According to the public record, 1, May Gardens, Newmarket is a modern leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, May Gardens, Newmarket is £233,448 and the estimated rental value is £1,057 per month.
May Gardens, Newmarket, CB8 is located in the borough of East Cambridgeshire within the CB8 postal district.
Our Data Sources
1, May Gardens, Newmarket has 3 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, May Gardens, Newmarket is in very good condition we estimate a sale value of £245,120 and a rental value of £1,110 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £217,106 and a rental value of £983 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, May Gardens, Newmarket has declined by £2,702 (1.2%), while its estimated rental value has climbed by £40 per month (3.8%). Based on current estimates, the property offers a gross rental yield of 5.4%.
Energy Efficiency
1, May Gardens, Newmarket has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Mar 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 1, May Gardens, Newmarket was last sold on 23rd February 2024 for £245,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since February 2024, the market for similar properties has dropped by 3.5%.
- Sold Feb 2024£245,000
- Sold Sep 2021£240,000
- Sold Sep 2017£200,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, May Gardens, Newmarket within a radius of 590 metres over the last 2 years.
The most recent example is 2, May Gardens, Newmarket, CB8 8FG, a leasehold flat which sold for £227,500 on the 5th March 2021.
Read more about house prices in CB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
May Gardens, Newmarket, CB8 has a total of 10 addresses. According to our analysis of all the public data, 1, May Gardens, Newmarket is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in CB8.
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Schools Nearby
- 300mDitton Lodge Primary School
- 400mAll Saints Church of England Primary School, Newmarket
- 1.1kmSt Louis Catholic Academy
- 1.5kmNewmarket Academy
- 10.7kmBottisham Village College
- 11.1kmSoham Village College
More reading links
Public Transport Nearby
The closest station to 1, May Gardens, Newmarket is Newmarket station, which is 300 metres away.
- 300mNewmarket
- 5.2kmDullingham
- 6.9kmKennett
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
