2, Cheveley Park
2, Cheveley Park
Description & Estimates
According to the public record, 2, Cheveley Park, Newmarket is a period freehold house with 1,097 ft2 of internal area and sits on a 771 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Cheveley Park, Newmarket is £529,043 and the estimated rental value is £1,710 per month.
Cheveley Park, Cheveley, Newmarket, CB8 is located in the borough of East Cambridgeshire within the CB8 postal district.
Our Data Sources
2, Cheveley Park, Newmarket has 21 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated August 2022.
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.
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 2, Cheveley Park, Newmarket is in very good condition we estimate a sale value of £555,496 and a rental value of £1,795 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £492,010 and a rental value of £1,590 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Cheveley Park, Newmarket has declined by £16,010 (3.0%), while its estimated rental value has climbed by £39 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 3.9%.
Plot Size
According to data from HM Land Registry, 2, Cheveley Park, Newmarket sits on a plot of 771 m2.
We have plot size data on 16 out of 27 other houses in the postcode and 2, Cheveley Park, Newmarket sits on the 3rd largest plot.
Energy Efficiency
2, Cheveley Park, Newmarket has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
According to HM Land Registry, 2, Cheveley Park, Newmarket was last sold on 8th December 2022 for £546,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2022, the market for similar properties has dropped by 13.4%.
- Sold Dec 2022£546,000
- Sold Aug 1995£104,999
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cheveley Park, Newmarket within a radius of 3.0 kilometres over the last 2 years.
The most recent example is 108, High Street, Newmarket, CB8 9DG, a freehold house which sold for £560,000 on the 4th November 2022.
Read more about house prices in CB8.
- Sold Nov 2022£560,000 | 3 Bed House108, High Street, Newmarket, CB8 9DG108, High Street, Newmarket, CB8 9DG
- Sold Apr 2020£320,000 | 3 Bed House114, High Street, Newmarket, CB8 9DG114, High Street, Newmarket, CB8 9DG
- Sold Oct 2016£295,000 | 3 Bed House7, Church Terrace, Newmarket, CB8 9DH7, Church Terrace, Newmarket, CB8 9DH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Cheveley Park, Cheveley, Newmarket, CB8 has a total of 27 addresses. According to our analysis of all the public data, 2, Cheveley Park, Newmarket is the 19th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £175k more expensive than the average property in CB8.
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Schools Nearby
- 1.1kmCheveley CofE Primary School
- 3.1kmDitton Lodge Primary School
- 3.5kmAll Saints Church of England Primary School, Newmarket
- 4.7kmNewmarket Academy
- 13.0kmBottisham Village College
- 14.1kmSoham Village College
More reading links
Public Transport Nearby
The closest station to 2, Cheveley Park, Newmarket is Newmarket station, which is 3.3 kilometres away.
- 3.3kmNewmarket
- 5.8kmDullingham
- 6.9kmKennett
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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.
