8, Chestnut Road
8, Chestnut Road
Description & Estimates
8, Chestnut Road, Newmarket is recorded publicly as a mid-century freehold house across 1,184 ft2 of internal area, sitting on a 428 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Chestnut Road, Newmarket is £213,686 and its rental estimate is £1,076 per month, given the available information and assuming reasonable condition.
Chestnut Road, Stradishall, Newmarket, CB8 falls within the CB8 postal district, in the borough of West Suffolk.
Our Data Sources
8, Chestnut Road, Newmarket has 41 entries in the Land Registry , most recently in September 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 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 8, Chestnut Road, Newmarket, we estimate a market value of £224,370 and a rental value of £1,130 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £198,728 and £1,001 per month respectively.
Recent Market Change
Over the last year, 8, Chestnut Road, Newmarket has seen its estimated sale value decrease by £6,467 (3.0%) and its estimated rental value grow by £25 per month (2.3%). This results in an estimated gross rental yield of 6.0%.
Plot Size
HM Land Registry records the plot of land for 8, Chestnut Road, Newmarket as measuring 428 m2.
That makes it the 5th largest plot in the postcode, where 11 of the 12 other houses have recorded plot data.
Energy Efficiency
8, Chestnut Road, Newmarket has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Mar 2017.
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 8, Chestnut Road, Newmarket completed on 1st September 2017 at £205,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 80.6% over the period since September 2017.
- Sold Sep 2017£205,000
- Sold May 2006£148,000
- Sold Feb 2000£61,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Chestnut Road, Newmarket have sold within a radius of 5.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th March 2023, was 9, Ash Walk, Newmarket, CB8 9YE, a freehold house which sold for £220,000.
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 12 addresses on Chestnut Road, Stradishall, Newmarket, CB8, 8, Chestnut Road, Newmarket comes out as the 9th largest and the 9th most expensive in our analysis of the public data.
It is also £141k less expensive than the average property across the CB8 district.
More reading links
Schools Nearby
- 3.5kmHundon Community Primary School
- 3.8kmWickhambrook Primary Academy
- 4.6kmThurlow Voluntary Controlled Primary School
- 7.3kmSamuel Ward Academy
- 8.3kmStour Valley Community School
- 8.5kmCastle Manor Academy
More reading links
Public Transport Nearby
From 8, Chestnut Road, Newmarket, the nearest station is Dullingham, 12.3 kilometres away.
- 12.3kmDullingham
- 13.3kmNewmarket
- 15.4kmKennett
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.
