1 May Gardens

    1, MAY GARDENS, NEWMARKET, CB8 8FG

    This flat/maisonette leasehold property on May Gardens last sold in February 2024 for £245,000. Based on price growth in the CB8 district since then, its estimated current value is £261,807 — placing it in the 40th percentile nationally and the 31st percentile within CB8. The property covers 65 m² (700 sq ft), giving an estimated value of £4,028 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £245,000

    Feb 2024

    Estimated Valuation

    £261,807

    Est. £/sq ft

    £374/sq ft

    £4,028/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2017
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area700 sq ft (65 m²)
    EPC dateMar 2017
    WallsAverage thermal transmittance 0.23 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Feb 2024

    £245,000

    9 Sept 2021

    £240,000

    27 Sept 2017

    New build

    £200,000

    Key Metrics

    Estimated valuation£261,807
    Value per sq ft / m²£374/sq ft (£4,028/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CB8 district percentile31st percentile
    National percentile40th 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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