Flat A, 2
Flat A, 2
Description & Estimates
The public record describes Flat A, 2, Park Lane, Newmarket as a period apartment with 699 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
Flat A, 2, Park Lane, Newmarket has an estimated sale value of £151,322 and an estimated rental value of £895 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, Park Lane, Newmarket, CB8.
Park Lane, Newmarket, CB8 lies in the borough of West Suffolk, within the CB8 postal district.
Our Data Sources
Flat A, 2, Park Lane, Newmarket has no records in the the Land Registry and a single entry in the EPC database dated November 2023.
We combine this information with public data 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
In very good condition, we estimate Flat A, 2, Park Lane, Newmarket would be worth £158,888, with a potential rental value of £940 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £140,729, with a rental value of £833 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat A, 2, Park Lane, Newmarket has declined by £2,351 (1.6%) over the last year. During the same period, its estimated monthly rental value has climbed by £31 (3.5%). The property's estimated gross yield is currently 7.1%.
Energy Efficiency
Flat A, 2, Park Lane, Newmarket has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Nov 2023.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of Flat A, 2, Park Lane, Newmarket across the last 2 years.
Most recently, Flat A, Church House 30, St. Marys Square, Newmarket, CB8 0HZ, a leasehold flat, sold at £320,000 on the 27th November 2024.
Read more about house prices in CB8.
- Sold Nov 2024£320,000 | 2 Bed FlatChurch House 30, St. Marys SquareFlat A, Church House 30, St. Marys Square, Newmarket, CB8 0HZ
- Sold Apr 2022£115,000 | 2 Bed Flat128, High StreetFlat 2, 128, High Street, Newmarket, CB8 8JP
- Sold Apr 2019£175,000 | 2 Bed Flat23, St. Marys SquareFlat 1, 23, St. Marys Square, Newmarket, CB8 0HZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat A, 2, Park Lane, Newmarket as the 48th largest and the 103rd most expensive of the 130 addresses on Park Lane, Newmarket, CB8.
Against the CB8 postcode district average, it is £203k less expensive than the typical property.
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Schools Nearby
- 300mAll Saints Church of England Primary School, Newmarket
- 600mDitton Lodge Primary School
- 800mSt Louis Catholic Academy
- 1.2kmNewmarket Academy
- 10.6kmBottisham Village College
- 10.8kmSoham Village College
More reading links
Public Transport Nearby
Newmarket station is the nearest stop to Flat A, 2, Park Lane, Newmarket at 500 metres away.
- 500mNewmarket
- 5.3kmDullingham
- 6.8kmKennett
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
