40, Station Road
40, Station Road
Description & Estimates
40, Station Road, Newmarket is recorded publicly as a period freehold house across 2,012 ft2 of internal area, sitting on a 814 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 40, Station Road, Newmarket is £462,792 and its rental estimate is £1,843 per month, given the available information and assuming reasonable condition.
Station Road, Kennett, Newmarket, CB8 falls within the CB8 postal district, in the borough of East Cambridgeshire.
Our Data Sources
40, Station Road, Newmarket has a single entry in the Land Registry from February 2021 and a single entry in the EPC database dated April 2019.
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
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 40, Station Road, Newmarket, we estimate a market value of £485,932 and a rental value of £1,935 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £430,397 and £1,714 per month respectively.
Recent Market Change
Over the last year, 40, Station Road, Newmarket has seen its estimated sale value drop by £16,939 (3.7%) and its estimated rental value rise by £23 per month (1.2%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for 40, Station Road, Newmarket as measuring 814 m2.
That makes it the 5th largest plot in the postcode, where 15 of the 25 other houses have recorded plot data.
Energy Efficiency
40, Station Road, Newmarket has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 16 Apr 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 40, Station Road, Newmarket completed on 26th February 2021 at £525,000 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 risen by 12.0% over the period since February 2021.
- Sold Feb 2021£525,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Station Road, Newmarket have sold within a radius of 3.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th August 2024, was 2, Orchard Place, Newmarket, CB8 7FE, a freehold house which sold for £532,000.
Read more about house prices in CB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 66 addresses on Station Road, Kennett, Newmarket, CB8, 40, Station Road, Newmarket comes out as the 12th largest and the 16th most expensive in our analysis of the public data.
It is also £108k more expensive than the average property across the CB8 district.
More reading links
Schools Nearby
- 1.1kmKennett Primary School
- 2.2kmMoulton Church of England Voluntary Controlled Primary School
- 3.4kmSt Christopher's CEVCP School
- 7.1kmNewmarket Academy
- 7.9kmMildenhall College Academy
- 12.1kmSoham Village College
More reading links
Public Transport Nearby
From 40, Station Road, Newmarket, the nearest station is Kennett, 400 metres away.
- 400mKennett
- 7.1kmNewmarket
- 11.8kmDullingham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
