2, Meridian Gardens
2, Meridian Gardens
Description & Estimates
Public records show 2, Meridian Gardens, Newmarket to be a modern leasehold apartment with 1,248 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
2, Meridian Gardens, Newmarket has an estimated sale value of £377,839 and an estimated rental value of £1,398 per month, assuming reasonable condition and based on the information available.
Meridian Gardens, Newmarket, CB8 lies in the borough of West Suffolk, within the CB8 postal district.
Our Data Sources
2, Meridian Gardens, Newmarket has 2 entries in the Land Registry , most recently in November 2017 and a single entry in the EPC database dated July 2020.
We combine this information with that 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.
Price Range & Condition
In very good condition, we estimate 2, Meridian Gardens, Newmarket would be worth £396,731, with a potential rental value of £1,468 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £351,390, with a rental value of £1,300 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 2, Meridian Gardens, Newmarket has decreased by £13,316 (3.5%) over the last year. During the same period, its estimated monthly rental value has grown by £18 (1.3%). The property's estimated gross yield is currently 4.4%.
Energy Efficiency
2, Meridian Gardens, Newmarket has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
2, Meridian Gardens, Newmarket last changed hands on 17th November 2017, selling for £430,000. 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 dropped by 24.7% since November 2017.
- Sold Nov 2017£430,000
- Sold Jan 2010£420,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 2, Meridian Gardens, Newmarket across the last 2 years.
Most recently, 1, Meridian Gardens, Newmarket, CB8 7FD, a leasehold flat, sold at £415,000 on the 12th July 2024.
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 2, Meridian Gardens, Newmarket as the 10th largest and the 10th most expensive of the 20 addresses on Meridian Gardens, Newmarket, CB8.
Against the CB8 postcode district average, it is £24k more expensive than the typical property.
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Schools Nearby
- 700mSt Louis Catholic Academy
- 1.0kmAll Saints Church of England Primary School, Newmarket
- 1.6kmHouldsworth Valley Primary Academy
- 1.5kmNewmarket Academy
- 10.3kmSoham Village College
- 11.5kmBottisham Village College
More reading links
Public Transport Nearby
Newmarket station is the nearest stop to 2, Meridian Gardens, Newmarket at 1.6 kilometres away.
- 1.6kmNewmarket
- 5.7kmKennett
- 6.5kmDullingham
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
