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12, Tern Place, Newmarket is described in the public record as a modern house with 742 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 12, Tern Place, Newmarket is £286,653 and its rental estimate is £1,318 per month, given the available information and assuming reasonable condition.
Tern Place, Exning, Newmarket, CB8 falls within the CB8 postal district, in the borough of West Suffolk.
12, Tern Place, Newmarket has no records in the the Land Registry and a single entry in the EPC database dated June 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 12, Tern Place, Newmarket, we estimate a market value of £300,985 and a rental value of £1,384 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £266,587 and £1,226 per month respectively.
Over the last year, 12, Tern Place, Newmarket has seen its estimated sale value fall by £8,662 (3.0%) and its estimated rental value move up by £25 per month (1.9%). This results in an estimated gross rental yield of 5.5%.
12, Tern Place, Newmarket has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jun 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 12, Tern Place, Newmarket have sold within a radius of 2.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th October 2024, was 15, Tern Place, Newmarket, CB8 7FU, a freehold house which sold for £285,000.
Read more about house prices in CB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 17 addresses on Tern Place, Exning, Newmarket, CB8, 12, Tern Place, Newmarket comes out as the 10th largest and the 7th most expensive in our analysis of the public data.
It is also £68k less expensive than the average property across the CB8 district.
From 12, Tern Place, Newmarket, the nearest station is Newmarket, 4.5 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Tern Place, Newmarket, 42.0% of property is privately owned with a mortgage and 25.9% is privately owned outright.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 12, Tern Place, Newmarket, 20.5% of residents are recorded as possessing school level qualifications and 37.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, Tern Place, Newmarket, the average age was 40.3 and the most common age was 32.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 12, Tern Place, Newmarket, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 12, Tern Place, Newmarket, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.