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According to the public record, 18, Malt Close, Newmarket is a modern Leasehold apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Malt Close, Newmarket is £168,710 and the estimated rental value is £816 per month.
Malt Close, Newmarket, CB8 is located in the borough of West Suffolk within the CB8 postal district.
18, Malt Close, Newmarket has 41 entries in the Land Registry , most recently in August 2015 and a single entry in the EPC database dated July 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 18, Malt Close, Newmarket is in very good condition we estimate a sale value of £177,146 and a rental value of £857 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £156,901 and a rental value of £759 per month.
Over the last 12 months the sale value of 18 Malt Close Newmarket has decreased by an estimated £41 (0.0%) and its rental value has increased by an estimated £38 per month (4.6%), giving an expected gross yield of 5.8%.
18, Malt Close, Newmarket has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jul 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 18, Malt Close, Newmarket was last sold on 28th August 2015 for £134,995 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since August 2015, the market for similar properties has risen 20.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Malt Close, Newmarket within a radius of 530 metres over the last 2 years.
The most recent example is Unit 2, Park Lane House 65, Granby Street, Newmarket, CB8 8EZ, a leasehold flat which sold for £120,000 on the 9th September 2016.
Read more about house prices in CB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malt Close, Newmarket, CB8 has a total of 37 addresses. According to our analysis of all the public data, 18, Malt Close, Newmarket is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £184k less expensive than the average property in CB8.
The closest station to 18, Malt Close, Newmarket is Newmarket station which is 600 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, Malt Close, Newmarket, 58.4% of property is privately rented and 23.9% is privately owned with a mortgage.
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 18, Malt Close, Newmarket, 8.3% of residents are recorded as possessing school level qualifications and 39.9% 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 18, Malt Close, Newmarket, the average age was 41.3 and the most common age was 27.
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 18, Malt Close, Newmarket, 0.8% 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 18, Malt Close, Newmarket, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.