Melton Close, Newmarket, CB8
EN

Melton Close, Newmarket, CB8

By Ensum Brown

£ 217,500

Reviews

3 out of 5 stars

Ensum Brown says ..

Ensum Brown offer for sale this well-presented and deceptively spacious mid-terrace home in Newmarket, enjoying an open-plan kitchen/breakfast room, a lounge, a bathroom, 2 well-proportioned bedrooms, an enclosed courtyard garden and plenty of on-street parking nearby.

Property Oracle says ..

The property is a 2 bedroom, 1 bathroom terraced house located in Newmarket, Suffolk. It is situated close to several primary schools, with All Saints Church of England Primary School being the closest at just 0.38km away. Newmarket train station is also conveniently located 0.45km from the property, providing easy access to other areas.

Based on the provided images, the property appears to be in good condition. The interior is modern and well-maintained, with a recently updated kitchen and bathroom. There is evidence of some modernisation throughout the property. The property benefits from a small, enclosed rear garden.

The list price of £217,500 is slightly below the average price for the area (£273,373). However, the property is significantly smaller than the average property size in the area (562.95 sqft vs 827 sqft). Considering the average price per sqft in the area is £330, and this property is smaller and has a small garden, the list price appears to be reasonably priced. Several comparable properties on Melton Close have recently sold for prices between £94,000 and £220,000, further supporting the reasonableness of the list price.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
562.95

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
288,333.00 £
Decreased by 37.61 %
from 462,160.00 £
Est sale value
209,980.35 £
Increased by 5.07 %
from 199,847.25 £
Average area rental value
1,259.00 £/mo
Increased by 10.73 %
from 1,137.00 £/mo
Est letting value
562.95 £/mo
from 0.00 £/mo
Est rental Yield
5.24 %
Increased by 77.63 %
from 2.95 %
Crime Rate
18.00 %
Unchanged by 0.00 %
from 18.00 %

Agent Activity

  • Ensum Brown created the listing.

Nearby Schools

NameTypeOfstedDistance
All Saints Church Of England Primary School, NewmarketAcademy Sponsor Led0.38 KM
Ditton Lodge Primary SchoolAcademy Converter0.44 KM
Foley House Children'S CentreChildren's Centre0.80 KM
Fairstead HouseOther Independent School0.87 KM
St Louis Catholic AcademyAcademy ConverterGood0.99 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Sovereign Court £ 302,50000.00 KM
Granby Terrace £ 290,00000.00 KM
Suffolk Housing Society £ 000.00 KM
Downing Close £ 000.00 KM
The Avenue £ 696,66700.00 KM

Nearby Transport

NameNLCTLCDistance
Newmarket7038NMK0.45 KM
Dullingham7027DUL6.40 KM
Kennett7011KNE9.86 KM

Nearby Listings

AddressPriceTypeScoreDistance
Melton Close, Newmarket, CB8 £ 217,500BUY6 / 100.00 KM
Melton Close, Newmarket £ 200,000BUYUnknown0.01 KM
Melton Close, Newmarket £ 150,000BUY5 / 100.02 KM
5 Melton Close, Newmarket, CB8 8BE £ 90,000BUY5 / 100.03 KM
Stamford Street, Newmarket £ 280,000BUY7 / 100.04 KM

Nearby Properties

AddressPriceDistance
15 Melton Close £ 94,0000.02 KM
13 Melton Close £ 215,0000.02 KM
23 Melton Close £ 180,0000.02 KM
25 Melton Close £ 119,5000.02 KM
The Old Coach House £ 115,0000.02 KM