8 The Street, Snailwell, Newmarket, East Cambridgeshire, Cambridgeshire, CB8 7LX

Semi-detached
3
1387 sq ft
30.6%
PROPERTY VALUATION
£
Last sold: July 2019
INVESTMENT PERFORMANCE
Investment return: 2.4% per year throughout 2011 - 2019
PRICE CHANGE
£127,000
Percentage change: +30.6%
REFINE VALUATION

Property summary Last updated: 03/05/2024

Last updated: 03/05/2024

8 The Street, Snailwell is a 3 bedroom semi-detached house spread over 1,387 square feet, making it one of the smaller properties here - it is ranked as the 13th most expensive property* in CB8 7LX, with a valuation of £542,000.

Since it last sold in July 2019 for £415,000, its value has increased by £127,000.

8 The Street, Snailwell, Newmarket, East Cambridgeshire, Cambridgeshire, CB8 7LX
8 The Street, Newmarket (1 of 15 - keep reading for more)

We expect this property to be in a reasonable condition based on its price per square foot.

  • The latest sale in CB8 7LX went for £280k on 28 Sep 2023.
  • 10 properties have sold in CB8 7LX over the last 5 years.
  • 13 semi-detached houses have sold at an average price of £317,000 in CB8 7 over the last 12 months.

Get an updated valuation by simply telling us about any renovations made.

  • At a sale price of £542k, we expect this property to be in a similar condition to the neighbouring properties in the road.
  • This property has a similar cost per square foot as other properties in the road, which is why we think it is in a reasonable condition.

  • At a valuation of £542k this property has a cost per square foot of £390 - this is comparable with the average for properties for the area (which is currently £382).

If we valued this property using the average cost per square foot (CPSF):

  • Using the average CPSF for properties just in the postcode - it would be worth £519k.
  • Using the average CPSF for the whole road - it would be worth £530k.

The local market - The Street, CB8 7LX

  • The average property value here is £615,000.
    • Valuations range from £294,000 to £1,029,000.
  • The Street has 2 postcodes associated with it.
    • The average price of property in The Street is £544,931.
    • Property in The Street typically sells for between £325 and £439 per square foot.
    • Properties in The Street are currently valued at an average cost per square foot of £382.
31%
This property has increased in price by 31% since it last sold 4 years ago.
12%
This property is 12% less expensive than average in The Street, CB8 7LX.

Sale history

The most paid for a property in The Street, CB8 7LX was £980,000 in 2021.

Date Price Change
Today's value* £542,000 30.6%
30 Jul 2019 £415,000 22.1%
14 Jan 2011 £340,000 11.0%

Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £518k and £566k.

  • The property didn't turn out to be a great investment for the previous owner - returning on average 2.4% per annum.

8 The Street, Snailwell, Newmarket, East Cambridgeshire, Cambridgeshire, CB8 7LX
8 The Street, Snailwell, Newmarket, East Cambridgeshire, Cambridgeshire, CB8 7LX
8 The Street, Snailwell, Newmarket, East Cambridgeshire, Cambridgeshire, CB8 7LX
8 The Street, Snailwell, Newmarket, East Cambridgeshire, Cambridgeshire, CB8 7LX
8 The Street, Snailwell, Newmarket, East Cambridgeshire, Cambridgeshire, CB8 7LX
8 The Street, Snailwell, Newmarket, East Cambridgeshire, Cambridgeshire, CB8 7LX
8 The Street, Snailwell, Newmarket, East Cambridgeshire, Cambridgeshire, CB8 7LX
8 The Street, Snailwell, Newmarket, East Cambridgeshire, Cambridgeshire, CB8 7LX
8 The Street, Snailwell, Newmarket, East Cambridgeshire, Cambridgeshire, CB8 7LX
8 The Street, Snailwell, Newmarket, East Cambridgeshire, Cambridgeshire, CB8 7LX
8 The Street, Snailwell, Newmarket, East Cambridgeshire, Cambridgeshire, CB8 7LX
8 The Street, Snailwell, Newmarket, East Cambridgeshire, Cambridgeshire, CB8 7LX
8 The Street, Snailwell, Newmarket, East Cambridgeshire, Cambridgeshire, CB8 7LX
8 The Street, Snailwell, Newmarket, East Cambridgeshire, Cambridgeshire, CB8 7LX
8 The Street, Snailwell, Newmarket, East Cambridgeshire, Cambridgeshire, CB8 7LX
OFFERS EXPECTED TO BE IN THE REGION OF:
£518k - £566k

Most likely sale price: £542k

Tell us about any home improvements to get a more accurate valuation.

Valuation details

The most likely sale price is £542,000 but at the lower end we think it should fetch a minimum of £518,000.

This property has increased in price by £127,000 since it last sold in 2019 - this equates to a 5.7% rise each year.

On a cost per square foot basis, this property is valued at 4% more than the other houses in this postcode.

Essential info

  • 3 bedroom freehold semi-detached house
  • 1,387 square feet
  • 19% smaller than the average property in this postcode
  • 12% less expensive than the average here

This property is currently valued at £390 per square foot - the average cost per square foot for this postcode is £374.

A higher cost per square foot can indicate that the property is in a better condition than the other properties or that it has a bigger garden (for more information see our valuation review) of this property.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £623,000.

Investment Performance
Annual change: 2.4%

The previous owner had the property for 8 years, having purchased it in January 2011 for £340,000.

During this time, the price rose by £75,000 (22.1%), which equates to it increasing in value by 2.4% each year.

The property didn't turn out to be a great investment for the previous owner.

PropertyValuation
37 The Street, Snailwell
2 bed | 829 sq. ft.
£314,000
35 The Street, Snailwell, Newmarket, East Cambridgeshire, Cambridgeshire, CB8 7LX 35 The Street, Snailwell
3 bed | 818 sq. ft.
£322,000
2 The Street, Snailwell, Newmarket, East Cambridgeshire, Cambridgeshire, CB8 7LX 2 The Street, Snailwell
2 bed | 872 sq. ft.
£386,000
36 The Street, Snailwell, Newmarket, East Cambridgeshire, Cambridgeshire, CB8 7LX 36 The Street, Snailwell
6 bed | 1709 sq. ft.
£583,000
3 Manor Farm Barns, 32A, The Street
2217 sq.ft.
£741,000

Energy rating - how does this property compare?

  • Property energy rating: 59 (max. score 100).
    • This is above average for this postcode.

The property market across CB8 7

  • Semi-detached houses have been selling for £345 per square foot across CB8 7.
What does it cost to live in this area?
Recent sales in the surrounding roads
Searching for recent sales near here

Our property valuation model calculates the latest property prices using data from trusted external sources in combination with available user-submitted information - this includes HM Land Registry which is the UK's official register for ownership of land and property in England and Wales.

The model takes into account what has sold, when and how prices have changed over time. It also brings in multiple datasources to cross reference accuracy with the latest sales data and cost per square foot benchmarks.

In addtion to this, we filter out bad data where we are able to identify it so we can improve accuracy.

If home improvements have been made or the property has been extended after it was last purchased, these improvements won't be taken into account if we don't know about them. For properties that have had home improvements made, you can get an updated valuation here.

A number of things can make a property more desirable and sell for more money per square foot than others in the area.

Some of the things that can cause a property to be worth more per square foot include:

  • Good school catchment area
  • Good transport links
  • Bigger garden
  • Offstreet parking and garages
  • High quality architectural designs (a.k.a pretty houses!)
  • Good quality home improvements

We use multiple data sources to provide reliable property information to you.

Some of the data sources we use are:

  • HM Land Registry
  • Ordnance Survey
  • Department for Levelling Up, Housing & Communities
  • Royal Mail
  • Estate agents
  • Property listings

* Excluding properties that we've been unable to calculate a valuation for.

** Excludes property transactions that occurred before 1995.

Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.

Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.

The latest HM Land registry data covers property transactions up until 31/03/2024 - this was released on the 29/04/2024.