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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
22, Ley Road, Newmarket is recorded publicly as an early-century freehold house across 2,927 ft2 of internal area, sitting on a 1,388 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 22, Ley Road, Newmarket is £807,028 and its rental estimate is £2,214 per month, given the available information and assuming reasonable condition.
Ley Road, Stetchworth, Newmarket, CB8 falls within the CB8 postal district, in the borough of East Cambridgeshire.
22, Ley Road, Newmarket has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated January 2020.
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 22, Ley Road, Newmarket, we estimate a market value of £847,379 and a rental value of £2,324 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £750,536 and £2,059 per month respectively.
Over the last year, 22, Ley Road, Newmarket has seen its estimated sale value decline by £29,539 (3.7%) and its estimated rental value climb by £28 per month (1.2%). This results in an estimated gross rental yield of 3.3%.
HM Land Registry records the plot of land for 22, Ley Road, Newmarket as measuring 1,388 m2.
That makes it the largest plot in the postcode, where 15 of the 19 other houses have recorded plot data.
22, Ley Road, Newmarket has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 13 Jan 2020.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, oil.
The most recent sale of 22, Ley Road, Newmarket completed on 11th June 2021 at £795,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 4.4% over the period since June 2021.
Over the past 2 years 3 properties similar to 22, Ley Road, Newmarket have sold within a radius of 4.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd August 2022, was 24, High Street, Newmarket, CB8 9TJ, a freehold house which sold for £920,000.
Read more about house prices in CB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 19 addresses on Ley Road, Stetchworth, Newmarket, CB8, 22, Ley Road, Newmarket comes out as the largest and the most expensive in our analysis of the public data.
It is also £453k more expensive than the average property across the CB8 district.
From 22, Ley Road, Newmarket, the nearest station is Dullingham, 2.4 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 22, Ley Road, Newmarket, 36.5% of property is privately owned outright and 23.4% is socially 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 22, Ley Road, Newmarket, 14.5% of residents are recorded as possessing school level qualifications and 29.0% 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 22, Ley Road, Newmarket, the average age was 45.1 and the most common age was 52.
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 22, Ley Road, Newmarket, 1.3% 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 22, Ley Road, Newmarket, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
