Rayes Lane, Newmarket, CB8
EN

Rayes Lane, Newmarket, CB8

By Ensum Brown

£ 700,000

Reviews

4 out of 5 stars

Ensum Brown says ..

Ensum Brown offer for sale this stunning detached home in Newmarket, with open-plan living, a conservatory, a kitchen/breakfast room, a utility, 3 bedrooms, 3 bathrooms, private gardens, parking, and planning permission for a double-storey extension, with double garage, 2 bedrooms and en-suite.

Property Oracle says ..

This property is located in Newmarket, a popular market town in Suffolk. The area benefits from good local amenities, including schools, transportation links, and shops. The property itself is a detached house with a modern extension, presented in excellent condition with a well-maintained garden. The list price of £700,000 appears high compared to the average price in the area (£273,373), however, the significantly larger size (1,876.83 sqft vs average of 827 sqft) and superior condition justify the higher price per sqft. The nearby properties provide some context, with similar detached houses ranging from £500,000 to £650,000, suggesting the list price is within a reasonable range for a property of this size and quality in this location.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
9
Land
8
Bedrooms
3
Bathrooms
3
Sqft (est)
1,876.83
Lot (est)
1,963.10

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
700,057.59 £
Increased by 5.07 %
from 666,274.65 £
Average area rental value
1,259.00 £/mo
Increased by 10.73 %
from 1,137.00 £/mo
Est letting value
1,876.83 £/mo
from 0.00 £/mo
Est rental Yield
5.24 %
Increased by 77.63 %
from 2.95 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Ensum Brown created the listing.

Nearby Schools

NameTypeOfstedDistance
St Louis Catholic AcademyAcademy ConverterGood0.12 KM
Fairstead HouseOther Independent School0.24 KM
Foley House Children'S CentreChildren's Centre0.48 KM
All Saints Church Of England Primary School, NewmarketAcademy Sponsor Led0.72 KM
Newmarket AcademyAcademy Sponsor LedGood1.19 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Market Street £ 000.00 KM
Weatherby Crescent £ 000.00 KM
Bill Rickaby Drive £ 375,00000.00 KM
Lode Court £ 500,00000.00 KM
The Avenue £ 696,66700.00 KM

Nearby Transport

NameNLCTLCDistance
Newmarket7038NMK1.15 KM
Dullingham7027DUL6.83 KM
Kennett7011KNE9.79 KM

Nearby Listings

AddressPriceTypeScoreDistance
Brewers Lane, Newmarket, CB8 £ 275,000BUYUnknown0.15 KM
Brewers Lane, Newmarket, CB8 £ 275,000BUY6 / 100.15 KM
Bushel Court, The Maltings, Newmarket, Suffolk, CB8 £ 299,000BUY6 / 100.16 KM
Brewers Lane, Fordham Road, Newmarket £ 78,000BUY6 / 100.18 KM
Brewers Lane, Newmarket £ 400,000BUY7 / 100.22 KM

Nearby Properties

AddressPriceDistance
2 Rayes Lane £ 290,0000.09 KM
3 Rayes Lane £ 231,0000.14 KM
The Old Rectory £ 500,0000.14 KM
Long Cottage £ 650,0000.14 KM
1 May Gardens £ 245,0000.27 KM