15, Derby Way
15, Derby Way
Description & Estimates
Public records show 15, Derby Way, Newmarket to be a mid-century leasehold apartment with 667 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
15, Derby Way, Newmarket has an estimated sale value of £176,143 and an estimated rental value of £928 per month, assuming reasonable condition and based on the information available.
Derby Way, Newmarket, CB8 lies in the borough of West Suffolk, within the CB8 postal district.
Our Data Sources
15, Derby Way, Newmarket has 21 entries in the Land Registry , most recently in October 2010 and a single entry in the EPC database dated August 2016.
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
In very good condition, we estimate 15, Derby Way, Newmarket would be worth £184,950, with a potential rental value of £975 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £163,813, with a rental value of £863 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 15, Derby Way, Newmarket has moved down by £2,039 (1.2%) over the last year. During the same period, its estimated monthly rental value has increased by £35 (3.8%). The property's estimated gross yield is currently 6.3%.
Energy Efficiency
15, Derby Way, Newmarket has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Aug 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
15, Derby Way, Newmarket last changed hands on 5th October 2010, selling for £128,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 41.1% since October 2010.
- Sold Oct 2010£128,000
- Sold Dec 2006£129,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 810 metres of 15, Derby Way, Newmarket across the last 2 years.
Most recently, 19, Derby Way, Newmarket, CB8 0DD, a leasehold flat, sold at £185,000 on the 30th August 2023.
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
Our analysis of the public data ranks 15, Derby Way, Newmarket as the 31st largest and the 33rd most expensive of the 34 addresses on Derby Way, Newmarket, CB8.
Against the CB8 postcode district average, it is £178k less expensive than the typical property.
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Schools Nearby
- 200mPaddocks Primary School
- 600mLaureate Community Academy
- 1.0kmHouldsworth Valley Primary Academy
- 700mNewmarket Academy
- 9.3kmSoham Village College
- 9.4kmBottisham Village College
More reading links
Public Transport Nearby
Newmarket station is the nearest stop to 15, Derby Way, Newmarket at 2.0 kilometres away.
- 2.0kmNewmarket
- 5.7kmDullingham
- 7.6kmKennett
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
