# 2 bedroom apartment for sale (CB8 0EQ) ## Property Details | Key | Value | |-----|-------| | Address | 41 MILLBANK, NEWMARKET, SUFFOLK CB8 0EQ | | Price | £179,995 | | Bedrooms | 2 | | Construction age | England and Wales: 1950-1966 | | Floor area | 66 m² | | Last sold | £175,000 Jul 2018 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** C - **Current heating cost:** £477/year - **Est. upgrade cost to C:** £10,690 ### Recommendations - Q (£4,000 - £14,000) - W (£800 - £1,200) - E (£35) - Y (£585 - £725) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0817-2805-7837-9907-3415) ## Description A deceptively spacious ground floor apartment boasting driveway parking and extremely generous gardens to the rear. Comprising two double bedrooms, large living/dining room, kitchen and recently fitted four piece shower room. Offered for sale with no onward chain. EPC (D) ## Property Photos - ![Photo](/listings/photos/71496059/311779) - ![Photo](/listings/photos/71496059/311781) - ![Photo](/listings/photos/71496059/311783) - ![Photo](/listings/photos/71496059/311785) - ![Photo](/listings/photos/71496059/311787) - ![Photo](/listings/photos/71496059/311789) - ![Photo](/listings/photos/71496059/311791) - ![Photo](/listings/photos/71496059/311793) - ![Photo](/listings/photos/71496059/311795) - ![Photo](/listings/photos/71496059/311798) - ![Photo](/listings/photos/71496059/311801) - ![Photo](/listings/photos/71496059/311804) ## Floorplans - ![Floorplan 1](/listings/photos/71496059/311807) - Floorplan 1 ## EPC Graphs - ![EPC 1](/listings/photos/71496059/311810) - EPC 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 41 MILLBANK, NEWMARKET, FOREST HEATH, SUFFOLK, CB8 0EQ | £175,000 | 02/07/2018 | Flat | | 41 MILLBANK, NEWMARKET, FOREST HEATH, SUFFOLK, CB8 0EQ | £138,000 | 08/11/2013 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 20 SKEAPING CLOSE, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0GQ | £162,500 | 13/10/2025 | Flat | | 1 ST DAVID, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0JH | £155,000 | 20/12/2023 | Flat | | WHITE LODGE 10 HEASMAN CLOSE, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0SS | £282,500 | 10/11/2023 | Flat | | WHITE LODGE 22 HEASMAN CLOSE, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0SS | £295,000 | 29/09/2023 | Flat | | 15 ST ANDREW, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0JF | £130,000 | 09/06/2023 | Flat | | 99 FRESHFIELDS, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0EF | £200,000 | 21/04/2023 | Flat | | 12 FRESHFIELDS, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0EH | £130,000 | 19/12/2022 | Flat | | 14 FERNELEY CRESCENT, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0GW | £108,750 | 20/05/2022 | Flat | | 9 SKEAPING CLOSE, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0GP | £170,000 | 04/04/2022 | Flat | | 99 FRESHFIELDS, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0EF | £155,000 | 01/04/2022 | Flat | | [Same street] 13 MILLBANK, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0EQ | £280,000 | 11/02/2022 | Semi-detached | | CANTERVIEW APARTMENT 11 ROWLEY DRIVE, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0JA | £207,500 | 31/01/2022 | Flat | | 96 FRESHFIELDS, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0EF | £145,000 | 07/01/2022 | Flat | | WHITE LODGE 28 HEASMAN CLOSE, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0SS | £178,000 | 10/12/2021 | Flat | | CANTERVIEW APARTMENTS APARTMENT 10 ROWLEY DRIVE, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0JA | £202,500 | 26/11/2021 | Flat | | MILL MEWS, 34 5 MILL HILL, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0JB | £235,000 | 15/10/2021 | Flat | | 26 ENGELHARD ROAD, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0SA | £141,000 | 22/09/2021 | Flat | | 17 FRESHFIELDS, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0EF | £197,500 | 20/09/2021 | Flat | | 12 SKEAPING CLOSE, NEWMARKET, WEST SUFFOLK, SUFFOLK, CB8 0GQ | £170,000 | 30/06/2021 | Flat | **Street average:** £280,000 (1 sale) **Area average:** £181,403 (18 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £187,688 (8 Flat, CB8, 2024–2026) - **Deviation:** -4.1% ## Rental Range *ONS Price Index of Private Rents (West Suffolk). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,058/mo - **Realistic:** £1,176/mo - **Optimistic:** £1,294/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Cambridge (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £947/mo ## 1% Rule - **Rent ratio:** 0.65% (weak for cashflow) - **Max investor price (0.8%):** £147,000 - **Target investor price (1%):** £117,600 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.* ## Price per Square Metre - **£/m²:** £2,727/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 20.1% - **10y growth:** -19% ## House Price Index (HM Land Registry) *Official index for West Suffolk; Flats and maisonettes series; as of February 2026.* - **1y growth (index):** 0% - **5y growth (index):** 0.1% - **10y growth (index):** 14.9% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)