5 Melrose Gardens

    5, MELROSE GARDENS, NEWMARKET, CB8 0EW

    This detached freehold property on Melrose Gardens last sold in March 2024 for £290,000. Based on price growth in the CB8 district since then, its estimated current value is £299,722 — placing it in the 49th percentile nationally and the 42nd percentile within CB8. The property covers 88 m² (947 sq ft), giving an estimated value of £3,406 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £290,000

    Mar 2024

    Estimated Valuation

    £299,722

    Est. £/sq ft

    £316/sq ft

    £3,406/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area947 sq ft (88 m²)
    EPC dateApr 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Mar 2024

    £290,000

    Key Metrics

    Estimated valuation£299,722
    Value per sq ft / m²£316/sq ft (£3,406/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CB8 district percentile42nd percentile
    National percentile49th percentile

    District Context — CB8

    CB8 covers the market towns and villages of north Cambridgeshire, including Ely and surrounding rural areas. It is characterised by a blend of historic market-town living and quieter countryside communities with good transport links to Cambridge and beyond.

    Average Property Price - CB8

    £408,471

    69

    National percentile

    Average Net Household Income - CB8

    £41,810

    65

    National percentile

    10-Year Annualised Price Growth - CB8

    3.2%

    36

    National percentile

    10-Year Annualised Rent Growth - CB

    3.9%

    53

    National percentile

    View full analysis for CB8

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