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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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2, Tom Jennings Close, Newmarket is recorded publicly as a mid-century leasehold apartment across 667 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 2, Tom Jennings Close, Newmarket is £150,878 and its rental estimate is £894 per month, given the available information and assuming reasonable condition.
Tom Jennings Close, Newmarket, CB8 falls within the CB8 postal district, in the borough of West Suffolk.
2, Tom Jennings Close, Newmarket has a single entry in the Land Registry from November 2013 and a single entry in the EPC database dated December 2023.
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.
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 2, Tom Jennings Close, Newmarket, we estimate a market value of £158,422 and a rental value of £939 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £140,317 and £832 per month respectively.
Over the last year, 2, Tom Jennings Close, Newmarket has seen its estimated sale value fall by £1,747 (1.2%) and its estimated rental value move up by £34 per month (3.8%). This results in an estimated gross rental yield of 7.1%.
2, Tom Jennings Close, Newmarket has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Dec 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 2, Tom Jennings Close, Newmarket completed on 7th November 2013 at £100,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 62.6% over the period since November 2013.
Over the past 2 years 3 properties similar to 2, Tom Jennings Close, Newmarket have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th December 2023, was 17, Noel Murless Drive, Newmarket, CB8 0DS, a leasehold flat which sold for £162,500.
Read more about house prices in CB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 12 addresses on Tom Jennings Close, Newmarket, CB8, 2, Tom Jennings Close, Newmarket comes out as the 11th largest and the 11th most expensive in our analysis of the public data.
It is also £203k less expensive than the average property across the CB8 district.
From 2, Tom Jennings Close, Newmarket, the nearest station is Newmarket, 1.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast 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 2, Tom Jennings Close, Newmarket, 42.1% of property is socially rented and 22.8% is privately rented.
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 2, Tom Jennings Close, Newmarket, 14.6% of residents are recorded as possessing school level qualifications and 21.6% 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 2, Tom Jennings Close, 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 2, Tom Jennings Close, Newmarket, 1.4% 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 2, Tom Jennings Close, Newmarket, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
