8 Clock Tower Mews, Newmarket
8 Clock Tower Mews, Newmarket
Description & Estimates
According to the public record, 8 Clock Tower Mews, Newmarket is a period 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 8 Clock Tower Mews, Newmarket is £273,987 and the estimated rental value is £1,256 per month.
The apartment is within Clock Tower Mews, Exeter Road, Newmarket, CB8.
Exeter Road, Newmarket, CB8 is located in the borough of West Suffolk within the CB8 postal district.
Our Data Sources
8 Clock Tower Mews, Newmarket has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 8 Clock Tower Mews, Newmarket is in very good condition we estimate a sale value of £287,686 and a rental value of £1,319 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £254,808 and a rental value of £1,168 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8 Clock Tower Mews, Newmarket has declined by £3,172 (1.2%), while its estimated rental value has climbed by £47 per month (3.8%). Based on current estimates, the property offers a gross rental yield of 5.5%.
Energy Efficiency
8 Clock Tower Mews, Newmarket has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 8 Clock Tower Mews, Newmarket was last sold on 23rd September 2021 for £290,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2021, the market for similar properties has dropped by 11.5%.
- Sold Sep 2021£290,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8 Clock Tower Mews, Newmarket within a radius of 520 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.
More reading links
Location Comparison
Exeter Road, Newmarket, CB8 has a total of 100 addresses. According to our analysis of all the public data, 8 Clock Tower Mews, Newmarket is the 54th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £80k less expensive than the average property in CB8.
More reading links
Schools Nearby
- 300mAll Saints Church of England Primary School, Newmarket
- 400mSt Louis Catholic Academy
- 900mHouldsworth Valley Primary Academy
- 1.0kmNewmarket Academy
- 10.5kmSoham Village College
- 10.7kmBottisham Village College
More reading links
Public Transport Nearby
The closest station to 8 Clock Tower Mews, Newmarket is Newmarket station, which is 800 metres away.
- 800mNewmarket
- 5.6kmDullingham
- 6.6kmKennett
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
