502, Nimbus Way
502, Nimbus Way
Description & Estimates
502, Nimbus Way, Newmarket is recorded publicly as a mid-century freehold house across 1,011 ft2 of internal area, sitting on a 166 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 502, Nimbus Way, Newmarket is £249,252 and its rental estimate is £1,298 per month, given the available information and assuming reasonable condition.
Nimbus Way, Newmarket, CB8 falls within the CB8 postal district, in the borough of West Suffolk.
Our Data Sources
502, Nimbus Way, Newmarket has 21 entries in the Land Registry , most recently in July 2017 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 502, Nimbus Way, Newmarket, we estimate a market value of £261,714 and a rental value of £1,363 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £231,804 and £1,207 per month respectively.
Recent Market Change
Over the last year, 502, Nimbus Way, Newmarket has seen its estimated sale value fall by £7,543 (3.0%) and its estimated rental value move up by £30 per month (2.3%). This results in an estimated gross rental yield of 6.2%.
Plot Size
HM Land Registry records the plot of land for 502, Nimbus Way, Newmarket as measuring 166 m2.
That makes it the 24th largest plot in the postcode, where 44 of the 71 other houses have recorded plot data.
Energy Efficiency
502, Nimbus Way, Newmarket has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Mar 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 502, Nimbus Way, Newmarket completed on 24th July 2017 at £280,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 52.2% over the period since July 2017.
- Sold Jul 2017£280,000
- Sold Jan 2000£35,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 502, Nimbus Way, Newmarket have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th October 2024, was 472, Nimbus Way, Newmarket, CB8 7BW, a freehold house which sold for £269,500.
Read more about house prices in CB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 95 addresses on Nimbus Way, Newmarket, CB8, 502, Nimbus Way, Newmarket comes out as the 35th largest and the 37th most expensive in our analysis of the public data.
It is also £105k less expensive than the average property across the CB8 district.
More reading links
Schools Nearby
- 1.0kmLaureate Community Academy
- 1.7kmPaddocks Primary School
- 1.8kmExning Primary School
- 1.7kmNewmarket Academy
- 8.1kmSoham Village College
- 10.5kmBottisham Village College
More reading links
Public Transport Nearby
From 502, Nimbus Way, Newmarket, the nearest station is Newmarket, 3.1 kilometres away.
- 3.1kmNewmarket
- 6.6kmKennett
- 7.3kmDullingham
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
