1, New River Bank
1, New River Bank
Description & Estimates
1, New River Bank, Ely is recorded publicly as a period freehold house across 1,528 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, New River Bank, Ely is £313,839 and its rental estimate is £1,418 per month, given the available information and assuming reasonable condition.
New River Bank, Littleport, Ely, CB7 falls within the CB7 postal district, in the borough of East Cambridgeshire.
Our Data Sources
1, New River Bank, Ely has 21 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated April 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, New River Bank, Ely, we estimate a market value of £329,531 and a rental value of £1,489 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £291,870 and £1,318 per month respectively.
Recent Market Change
Over the last year, 1, New River Bank, Ely has seen its estimated sale value drop by £10,650 (3.4%) and its estimated rental value rise by £26 per month (1.8%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
1, New River Bank, Ely has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Apr 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, New River Bank, Ely completed on 25th November 2024 at £295,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 46.1% over the period since November 2024.
- Sold Nov 2024£295,000
- Sold Jan 2006£105,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, New River Bank, Ely have sold within a radius of 1.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th August 2024, was 1, Station Road, Ely, CB6 1QE, a freehold house which sold for £270,000.
Read more about house prices in CB7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 38 addresses on New River Bank, Littleport, Ely, CB7, 1, New River Bank, Ely comes out as the 2nd largest and the 11th most expensive in our analysis of the public data.
It is also £6k less expensive than the average property across the CB7 district.
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Schools Nearby
- 1.8kmMillfield Primary School
- 1.9kmLittleport Community Primary School
- 5.9kmDownham Feoffees Primary Academy
- 1.8kmVista Academy Littleport
- 7.0kmEly College
- 10.4kmWitchford Village College
More reading links
Public Transport Nearby
From 1, New River Bank, Ely, the nearest station is Littleport, 600 metres away.
- 600mLittleport
- 7.0kmShippea Hill
- 8.1kmEly
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
