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House Prices in CB8 House Prices in CB8 (Newmarket)

The average house price in CB8 (Newmarket) is £408,448 using HM Land Registry data.

The average property price increased by £50,765 (26.3%) over the last 5 years and increased by £10,169 (3.96%) over the last 12 months.

Over the last year, there were 350 residential property sales – a decrease of 96 transactions (-27.43%) relative to the previous year. The majority of house sales (105) were in the £190,000 - £278,000 range. Then came properties in the £278,000 - £366,000 range, where 77 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 191 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,604 (-3%).

In January 2025, there were 95 new estate agency instructions, 61 agreed home sales and 72 property price reductions.

Nearby Postcodes: CB1, CB10, CB21, CB22, CB24, CB25, CB5, CB6, CB7, CB9, CM7, CO10, CO6, CO8, CO9, IP24, IP27, IP28, IP29, IP30, IP31, IP32, IP33, IP7, PE38

5-Year Average Property Prices in CB8 (Newmarket)

26.3%

Property prices in CB8 (Newmarket) increased by 26.3% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in CB8 (Newmarket) Over the Last Year

3.96%

Property prices in CB8 (Newmarket) increased by 3.96% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for CB8 (Newmarket) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in CB8 (Newmarket)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in CB8 (Newmarket)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in CB8 (Newmarket)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the CB8 (Newmarket) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CB8 postcode area since 1995.

Recent Sales in CB8 (Newmarket)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
16 Mill Hill, Newmarket, Suffolk, CB8 0JB£325,000£322,500-£2,50018 Apr 202406 Dec 2024232 Days
11 Rowley Court, Newmarket, Suffolk, CB8 0PA£170,000£163,300-£6,70018 Apr 202405 Dec 2024231 Days
25 All Saints Road, Newmarket, Suffolk, CB8 8ES£255,000£250,000-£5,00026 Mar 202405 Dec 2024254 Days
56 Herringswell Road, Kentford, Newmarket, Suffolk, CB8 7QS£255,000£255,000£016 Jul 202429 Nov 2024136 Days
5 Newmarket Road, Moulton, Newmarket, Suffolk, CB8 8SS£525,000£512,500-£12,50020 Aug 202429 Nov 2024101 Days
42 Periman Close, Newmarket, Suffolk, CB8 0SU£133,750£133,750£017 Jun 202429 Nov 2024165 Days
15 Fielden Way, Newmarket, Suffolk, CB8 0BS£270,000£270,000£003 Sep 202429 Nov 202487 Days
34 Carson Walk, Newmarket, Suffolk, CB8 0DR£130,000£130,000£029 Jul 202426 Nov 2024120 Days
13 Fielden Way, Newmarket, Suffolk, CB8 0BS£255,000£237,000-£18,00017 Apr 202426 Nov 2024223 Days
31 Lark Hill, Moulton, Newmarket, Suffolk, CB8 8RT£395,000£395,000£022 Jul 202425 Nov 2024126 Days
9 Walnut Tree Cottages, Burrough Green, Newmarket, Cambridgeshire, CB8 9ND£260,000£255,000-£5,00007 Jun 202422 Nov 2024168 Days
12 Churchill Court, Newmarket, Suffolk, CB8 0JY£150,000£150,000£012 Nov 202418 Nov 20246 Days
51 Exning Road, Newmarket, Suffolk, CB8 0EA£315,000£307,500-£7,50025 Jun 202415 Nov 2024143 Days
12 Icknield Close, Cheveley, Newmarket, Cambridgeshire, CB8 9SU£340,000£320,000-£20,00026 Apr 202414 Nov 2024202 Days
396 Aureole Walk, Studlands Park, Newmarket, Suffolk, CB8 7AZ£210,000£205,000-£5,00008 May 202404 Nov 2024180 Days
45a, Woodditton Road, Newmarket, Cambridgeshire, CB8 9BQ£349,000£349,000£003 Jun 202431 Oct 2024150 Days
73 St Philips Road, Newmarket, Suffolk, CB8 0ES£280,000£276,000-£4,00016 May 202428 Oct 2024165 Days
21 Cardigan Street, Newmarket, Suffolk, CB8 8HZ£845,000£775,000-£70,00029 Apr 202425 Oct 2024179 Days
21 Laceys Lane, Exning, Newmarket, Suffolk, CB8 7HL£265,000£265,000£024 Apr 202424 Oct 2024183 Days
18 Benefield Road, Moulton, Newmarket, Suffolk, CB8 8SW£290,000£285,000-£5,00026 Jun 202418 Oct 2024114 Days

Most Expensive Streets in CB8 (Newmarket)

PostcodeStreetAreaAverageNo. of Sales
CB8 9HNCowlingeNewmarket£1,678,3333
CB8 8SGBrookside, MoultonNewmarket£1,173,7504
CB8 7BTBury RoadNewmarket£1,048,74510
CB8 7YPBalaton PlaceNewmarket£965,0003
CB8 9DTRobin HatchNewmarket£861,6503
CB8 9PPThe Street, LidgateNewmarket£857,5008
CB8 8UZAshfield Green, WickhambrookNewmarket£848,6663
CB8 0RGWestley WaterlessNewmarket£848,0005
CB8 9PWThe Street, LidgateNewmarket£840,0005
CB8 7NAExning House, Cotton End RoadNewmarket£837,5003

Least Expensive Streets in CB8 (Newmarket)

PostcodeStreetAreaAverageNo. of Sales
CB8 8GJGreen RoadNewmarket£87,9005
CB8 9AFBlack Bear Court, High Street, NewmarketNewmarket£117,3333
CB8 0BGGeorge Lambton AvenueNewmarket£138,1005
CB8 0BXGreville Starkey AvenueNewmarket£140,2504
CB8 8AYHillsideNewmarket£144,61513
CB8 0JYChurchill CourtNewmarket£155,0003
CB8 0XHArdross Court, Six Mile BottomNewmarket£159,0003
CB8 7JPNew Road, ExningNewmarket£165,1663
CB8 0PARowley CourtNewmarket£166,1003
CB8 0BTScaltback CloseNewmarket£166,3506

Explore CB8 (Newmarket) using map

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