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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, Oak Drive, Ely is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,462 ft2 of internal area and sits on a 264 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Oak Drive, Ely is £524,365 and the estimated rental value is £1,645 per month.
Oak Drive, Stretham, Ely, CB6 is located in the borough of East Cambridgeshire within the CB6 postal district.
1, Oak Drive, Ely has a single entry in the Land Registry from December 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Oak Drive, Ely is in very good condition we estimate a sale value of £550,583 and a rental value of £1,727 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £487,659 and a rental value of £1,530 per month.
Over the last 12 months the sale value of 1 Oak Drive Ely has decreased by an estimated £9,064 (1.7%) and its rental value has increased by an estimated £26 per month (1.6%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, 1, Oak Drive, Ely sits on a plot of 264m2.
We have plot size data on 2 out of 3 other houses in the postcode and 1, Oak Drive, Ely sits on the 2nd largest plot.
According to HM Land Registry, 1, Oak Drive, Ely was last sold on 2nd December 2011 for £249,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2011, the market for similar properties has risen 83.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Oak Drive, Ely within a radius of 3.9 kilometres over the last 2 years.
The most recent example is 6, Wood Lane, Ely, CB6 3JN, a freehold house which sold for £480,000 on the 8th August 2024.
Read more about house prices in CB6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Drive, Stretham, Ely, CB6 has a total of 3 addresses. According to our analysis of all the public data, 1, Oak Drive, Ely is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £178k more expensive than the average property in CB6.
The closest station to 1, Oak Drive, Ely is Ely station which is 5.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Oak Drive, Ely, 39.2% of property is privately owned with a mortgage and 27.9% is privately owned outright.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Oak Drive, Ely, 16.7% of residents are recorded as possessing school level qualifications and 33.8% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Oak Drive, Ely, the average age was 43.6 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Oak Drive, Ely, 0.8% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Oak Drive, Ely, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
