2 Park Avenue

    2, PARK AVENUE, NEWMARKET, CB8 8EY

    This flat/maisonette leasehold property on Park Avenue last sold in June 2022 for £175,000. Based on price growth in the CB8 district since then, its estimated current value is £188,477 — placing it in the 22nd percentile nationally and the 10th percentile within CB8. The property covers 58 m² (624 sq ft), giving an estimated value of £3,250 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £175,000

    Jun 2022

    Estimated Valuation

    £188,477

    Est. £/sq ft

    £302/sq ft

    £3,250/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateApr 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jun 2022

    £175,000

    22 Jun 2007

    New build

    £162,500

    20 Apr 2007

    New build

    £160,000

    9 Sept 2005

    £176,408

    Key Metrics

    Estimated valuation£188,477
    Value per sq ft / m²£302/sq ft (£3,250/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CB8 district percentile10th percentile
    National percentile22nd 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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