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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
According to the public record, 5, Skeaping Close, Newmarket is a modern Leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Skeaping Close, Newmarket is £226,722 and the estimated rental value is £1,042 per month.
Skeaping Close, Newmarket, CB8 is located in the borough of West Suffolk within the CB8 postal district.
5, Skeaping Close, Newmarket has a single entry in the Land Registry from May 2018 and a single entry in the EPC database dated November 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 5, Skeaping Close, Newmarket is in very good condition we estimate a sale value of £238,058 and a rental value of £1,094 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,851 and a rental value of £969 per month.
Over the last 12 months the sale value of 5 Skeaping Close Newmarket has decreased by an estimated £1,258 (0.6%) and its rental value has increased by an estimated £43 per month (4.1%), giving an expected gross yield of 5.5%.
5, Skeaping Close, Newmarket has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Nov 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Skeaping Close, Newmarket was last sold on 18th May 2018 for £80,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has risen 23.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Skeaping Close, Newmarket within a radius of 550 metres over the last 2 years.
The most recent example is 13 The Maltings, Brewers Lane, Newmarket, CB8 7FP, a leasehold flat which sold for £280,000 on the 2nd May 2024.
Read more about house prices in CB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Skeaping Close, Newmarket, CB8 has a total of 55 addresses. According to our analysis of all the public data, 5, Skeaping Close, Newmarket is the 27th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in CB8.
The closest station to 5, Skeaping Close, Newmarket is Newmarket station which is 1.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Skeaping Close, Newmarket, 70.3% of property is socially rented and 11.7% 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, Skeaping Close, Newmarket, 12.8% of residents are recorded as possessing school level qualifications and 19.5% 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, Skeaping 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 5, Skeaping Close, Newmarket, 0.0% 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, Skeaping Close, Newmarket, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
