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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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According to the public record, 7, Noel Murless Drive, Newmarket is a mid-century leasehold apartment with 667 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 7, Noel Murless Drive, Newmarket is £154,433 and the estimated rental value is £901 per month.
Noel Murless Drive, Newmarket, CB8 is located in the borough of West Suffolk within the CB8 postal district.
7, Noel Murless Drive, Newmarket has 31 entries in the Land Registry , most recently in June 2014 and a single entry in the EPC database dated April 2022.
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.
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 7, Noel Murless Drive, Newmarket is in very good condition we estimate a sale value of £162,155 and a rental value of £946 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,623 and a rental value of £838 per month.
Over the last 12 months the sale value of 7 Noel Murless Drive Newmarket has decreased by an estimated £1,788 (1.2%) and its rental value has increased by an estimated £34 per month (3.8%), giving an expected gross yield of 7%.
7, Noel Murless Drive, Newmarket has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Apr 2022.
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, 7, Noel Murless Drive, Newmarket was last sold on 30th June 2014 for £115,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since June 2014, the market for similar properties has risen 53.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Noel Murless Drive, Newmarket within a radius of 640 metres over the last 2 years.
The most recent example is 17, Noel Murless Drive, Newmarket, CB8 0DS, a leasehold flat which sold for £162,500 on the 8th December 2023.
Read more about house prices in CB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Noel Murless Drive, Newmarket, CB8 has a total of 58 addresses. According to our analysis of all the public data, 7, Noel Murless Drive, Newmarket is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in CB8.
The closest station to 7, Noel Murless Drive, Newmarket is Newmarket station which is 1.9 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Noel Murless Drive, Newmarket, 42.1% of property is socially rented and 22.8% 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 7, Noel Murless Drive, Newmarket, 14.6% of residents are recorded as possessing school level qualifications and 21.6% 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 7, Noel Murless Drive, 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 7, Noel Murless Drive, Newmarket, 1.4% 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 7, Noel Murless Drive, Newmarket, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
