William H. Brown says ..
This ground floor 50% Shared Ownership flat is the perfect step onto the property ladder for any first time purchaser!
Property Oracle says ..
This ground floor flat located in Newmarket East, Suffolk, is a two-bedroom, one-bathroom property. The listing indicates that it is a 50% shared ownership flat, which is an important factor to consider for potential buyers. The photos showcase a reasonably well-maintained interior, although the decor appears somewhat dated. The kitchen and bathroom are functional but could benefit from some modernization. A key aspect to consider is the lack of outdoor space associated with this ground floor flat. The property is conveniently located within a reasonable distance of schools and Newmarket train station. While local amenities may be limited directly adjacent, the town center offers a wider selection of shops and services. The listed price should be evaluated in relation to the shared ownership structure; a full market price would likely be significantly higher, however as it is a share, the listing price seems reasonable given the current market conditions of Newmarket and the type of property in question. Potential buyers should carefully review the terms of the shared ownership agreement before proceeding.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 613.54
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 %
- Est sale value
- 228,850.42 £Increased by 5.07 %
- Average area rental value
- 1,259.00 £/moIncreased by 10.73 %
- Est letting value
- 613.54 £/mo
- Est rental Yield
- 5.24 %Increased by 77.63 %
- Crime Rate
- 39.00 %Unchanged by 0.00 %
Agent Activity
William H. Brown created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Foley House Children'S Centre | Children's Centre | 0.42 KM | |
| St Louis Catholic Academy | Academy Converter | Good | 0.60 KM |
| Newmarket Academy | Academy Sponsor Led | Good | 0.67 KM |
| Fairstead House | Other Independent School | 0.77 KM | |
| Houldsworth Valley Primary Academy | Academy Sponsor Led | Good | 0.80 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Weatherby Crescent | £ 0 | 0 | 0.00 KM |
| Bill Rickaby Drive | £ 375,000 | 0 | 0.00 KM |
| Mill Bank | £ 0 | 0 | 0.00 KM |
| Market Street | £ 0 | 0 | 0.00 KM |
| The Avenue | £ 696,667 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newmarket | 7038 | NMK | 1.26 KM |
| Dullingham | 7027 | DUL | 6.52 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Skeaping Close, Newmarket | £ 160,000 | BUY | 5 / 10 | 0.00 KM |
| Skeaping Close, Newmarket | £ 80,000 | BUY | 5 / 10 | 0.00 KM |
| Skeaping Close, Newmarket, Suffolk, CB8 | £ 82,500 | BUY | Unknown | 0.02 KM |
| Skeaping Close, Newmarket | £ 185,000 | BUY | 5 / 10 | 0.02 KM |
| Skeaping Close, Newmarket | £ 165,000 | BUY | 6 / 10 | 0.02 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 16 Skeaping Close | £ 145,000 | 0.00 KM |
| 8 Skeaping Close | £ 139,000 | 0.00 KM |
| 24 Skeaping Close | £ 50,500 | 0.00 KM |
| 12 Skeaping Close | £ 170,000 | 0.00 KM |
| 10 Skeaping Close | £ 152,000 | 0.00 KM |