Millway, Newmarket
Millway, Newmarket
Description & Estimates
Millway, Newmarket is recorded publicly as an early-century freehold house across 1,291 ft2 of internal area, sitting on a 1,099 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Millway, Newmarket is £423,519 and its rental estimate is £1,723 per month, given the available information and assuming reasonable condition.
Wickham Street, Newmarket, CB8 falls within the CB8 postal district, in the borough of West Suffolk.
Our Data Sources
Millway, Newmarket has 31 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated December 2014.
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
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 Millway, Newmarket, we estimate a market value of £444,695 and a rental value of £1,810 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £393,873 and £1,603 per month respectively.
Recent Market Change
Over the last year, Millway, Newmarket has seen its estimated sale value decline by £13,804 (3.3%) and its estimated rental value climb by £39 per month (2.3%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for Millway, Newmarket as measuring 1,099 m2.
Energy Efficiency
Millway, Newmarket has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 05 Dec 2014.
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 Millway, Newmarket completed on 29th March 2021 at £396,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 16.4% over the period since March 2021.
- Sold Mar 2021£396,000
- Sold Nov 2010£295,000
- Sold May 2004£220,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Millway, Newmarket have sold within a radius of 5.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th March 2021, was Fort George, Wickham Street, Newmarket, CB8 8XJ, a freehold house which sold for £355,000.
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 27 addresses on Wickham Street, Newmarket, CB8, Millway, Newmarket comes out as the 15th largest and the 12th most expensive in our analysis of the public data.
It is also £69k more expensive than the average property across the CB8 district.
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Schools Nearby
- 1.5kmWickhambrook Primary Academy
- 5.3kmHundon Community Primary School
- 8.0kmHartest Church of England Primary School
- 8.6kmStour Valley Community School
- 10.7kmSamuel Ward Academy
- 12.0kmCastle Manor Academy
More reading links
Public Transport Nearby
From Millway, Newmarket, the nearest station is Newmarket, 14.1 kilometres away.
- 14.1kmNewmarket
- 14.3kmDullingham
- 14.4kmKennett
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
