2 Mill Reef

    2, MILL REEF, NEWMARKET, CB8 7FB

    This detached freehold property on Mill Reef last sold in August 2024 for £680,000. Based on price growth in the CB8 district since then, its estimated current value is £702,795 — placing it in the 90th percentile nationally and the 90th percentile within CB8. The property covers 205 m² (2,207 sq ft), giving an estimated value of £3,428 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,207 sq ft

    205 m²

    Last Sale Price

    £680,000

    Aug 2024

    Estimated Valuation

    £702,795

    Est. £/sq ft

    £318/sq ft

    £3,428/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2007 onwards
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area2,207 sq ft (205 m²)
    EPC dateMay 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    19 Aug 2024

    £680,000

    22 Dec 2008

    New build

    £500,000

    Key Metrics

    Estimated valuation£702,795
    Value per sq ft / m²£318/sq ft (£3,428/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CB8 district percentile90th percentile
    National percentile90th 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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