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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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Public records show 5, May Gardens, Newmarket to be a modern leasehold apartment with 678 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
5, May Gardens, Newmarket has an estimated sale value of £229,715 and an estimated rental value of £1,049 per month, assuming reasonable condition and based on the information available.
May Gardens, Newmarket, CB8 lies in the borough of East Cambridgeshire, within the CB8 postal district.
5, May Gardens, Newmarket has a single entry in the Land Registry from July 2017 and a single entry in the EPC database dated April 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 5, May Gardens, Newmarket would be worth £241,201, with a potential rental value of £1,101 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £213,635, with a rental value of £975 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 5, May Gardens, Newmarket has declined by £2,659 (1.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £39 (3.8%). The property's estimated gross yield is currently 5.5%.
5, May Gardens, Newmarket has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Apr 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
5, May Gardens, Newmarket last changed hands on 31st July 2017, selling for £202,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 2.8% since July 2017.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 590 metres of 5, May Gardens, Newmarket across the last 2 years.
Most recently, 1, May Gardens, Newmarket, CB8 8FG, a leasehold flat, sold at £245,000 on the 23rd February 2024.
Read more about house prices in CB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 5, May Gardens, Newmarket as the 10th largest and the 10th most expensive of the 10 addresses on May Gardens, Newmarket, CB8.
Against the CB8 postcode district average, it is £125k less expensive than the typical property.
Newmarket station is the nearest stop to 5, May Gardens, Newmarket at 300 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, May Gardens, Newmarket, 39.7% of property is privately owned outright and 25.5% 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 5, May Gardens, Newmarket, 15.1% of residents are recorded as possessing school level qualifications and 26.2% 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 5, May Gardens, 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 5, May Gardens, Newmarket, 0.3% 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 5, May Gardens, Newmarket, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
