According to the public record, 3, Ferneley Crescent, Newmarket is a modern freehold house and with 796 ft2 of internal area and sits on a 104 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ferneley Crescent, Newmarket, CB8 is located in the borough of West Suffolk within the CB8 postal district.
3, Ferneley Crescent, Newmarket has 2 entries in the Land Registry database, most recently in November 2019 and 2 entries in the EPC database, most recently in January 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 Ferneley Crescent Newmarket as £240,721 and the rental value as £1,114 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 3 Ferneley Crescent Newmarket has increased by £10,920 (4.5%) and its rental value has increased by £53 per month (4.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, Ferneley Crescent, Newmarket is in very good condition we estimate a sale value of £252,757 and rental value of £1,170 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,871 and a rental value of £1,036 per month.
If you were able to purchase this property for the estimated value of £240,721, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,183 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 3, Ferneley Crescent, Newmarket sits on a plot of 104m2.
We have plot size data on 9 out of 14 other houses in the postcode and 3, Ferneley Crescent, Newmarket sits on the 3rd largest plot.
According to HM Land Registry, 3, Ferneley Crescent, Newmarket was last sold on 22 Nov 2019 for £198,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2019, the market for similar properties has risen 24.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Ferneley Crescent, Newmarket within a radius of 31m over the last 2 years.
The most recent example is 8, Ferneley Crescent, Newmarket, CB8 0GW, a Freehold house which sold for £200,000 in Jul 2020.
Read more about house prices in CB8.
Ferneley Crescent, Newmarket, CB8 has a total of 15 addresses. According to our analysis of all the public data, 3, Ferneley Crescent, Newmarket is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £131k less expensive than the average property in CB8.
3, Ferneley Crescent, Newmarket has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jan 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 3, Ferneley Crescent, Newmarket is Newmarket station which is 1.1 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Ferneley Crescent, Newmarket, 34.3% of property is privately rented and 27.0% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, Ferneley Crescent, Newmarket, 9.1% of residents are recorded as possessing school level qualifications and 29.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Ferneley Crescent, Newmarket, the average age was 40.3 and the most common age was 32.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, Ferneley Crescent, Newmarket, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, Ferneley Crescent, Newmarket, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.