Brewers Lane, Newmarket, CB8

Street Guide For Brewers Lane, Newmarket, CB8

 

Brewers Lane, Newmarket, CB8 Map

Estimated Price: £66,750
Average Asking Price: £534,959
Price change in last one year: £4,529
Average Price Paid: £46,000
Average Rent Rates: £1,412

 

Property Prices Breakdown in Brewers Lane, Newmarket, CB8

Average Price for property in Brewers Lane, Newmarket, CB8 is around £66,750 which varies based on type of property you are interested in and ranges from £70,298 for terraced house to around £56,103 for a flat. Values have been changing and have risen £58 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £152 in last 6 months, £4,529 in last 1 year, £6,625 in last 2 years, £8,814 in last 3 years, £9,411 in last 4 years and £9,601 in last 5 years.

Currently average asking price of a property in Brewers Lane, Newmarket, CB8 is around £534,959 based on approximately 0 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £1,412 per month.

Estimated property value in Brewers Lane, Newmarket, CB8 is £66,750. Average asking price is £534,959 while average price paid is £46,000 which is up by £9,601 and Avg. asking rent £1,412.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Brewers Lane, Newmarket, CB8 area. In last 5 years alone average price buyer paid is around £46,000 based on approximately 3 sales in Brewers Lane, Newmarket, CB8 area alone. If you compare it to last 7 years sales of 3 properties where buyers paid around £46,000.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £114,750, £174,378 for a 2 bedroom house, £371,632 for a 3 bedroom house, £545,861 for a 4 bedroom house and £840,154 for a 5 bedroom house. For a flat similarly the prices varies from £117,500 for a single bedroom to £230,082 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £235,000. To sum up the asking prices for properties in Brewers Lane, Newmarket, CB8 it comes to around average £116,812 for 1 bedroom property, £204,926 for 2 bedroom, £362,523 for 3 bedroom, £545,861 for 4 bedroom and £840,154 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £804 for 2 bedroom to £1,390 for 3 bedroom, £1,363 for 4 bedroom and £1,830 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £594. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £924. You should be generally be expecting around average £594 rent per month for single bedroom property, £861 for 2 bedroom, £1,390 for 3 bedroom, £1,363 for 4 bedroom and approximately £1,830 for a 5 bedroom property in Brewers Lane, Newmarket, CB8 area.

Popular Houses in Brewers Lane, Newmarket, CB8

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Brewers Lane, Newmarket, CB8