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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, 11, Redman Close, Ely is a mid-century freehold house with 1,550 ft2 of internal area and sits on a 755 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 11, Redman Close, Ely is £456,233 and the estimated rental value is £1,776 per month.
Redman Close, Ely, CB7 is located in the borough of East Cambridgeshire within the CB7 postal district.
11, Redman Close, Ely has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 11, Redman Close, Ely is in very good condition we estimate a sale value of £479,044 and a rental value of £1,865 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £424,296 and a rental value of £1,652 per month.
Over the last 12 months the sale value of 11 Redman Close Ely has decreased by an estimated £12,653 (2.8%) and its rental value has increased by an estimated £28 per month (1.6%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 11, Redman Close, Ely sits on a plot of 755m2.
We have plot size data on 10 out of 27 other houses in the postcode and 11, Redman Close, Ely sits on the 4th largest plot.
11, Redman Close, Ely has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 11, Redman Close, Ely was last sold on 22nd July 2022 for £425,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2022, the market for similar properties has dropped 13.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Redman Close, Ely within a radius of 640 metres over the last 2 years.
The most recent example is 9, Redman Close, Ely, CB7 4RY, a freehold house which sold for £495,000 on the 4th January 2024.
Read more about house prices in CB7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redman Close, Ely, CB7 has a total of 27 addresses. According to our analysis of all the public data, 11, Redman Close, Ely is the 17th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £136k more expensive than the average property in CB7.
The closest station to 11, Redman Close, Ely is Ely station which is 2.3 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 11, Redman Close, Ely, % of property is and % is .
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 11, Redman Close, Ely, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 11, Redman Close, Ely, 0.0% 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 11, Redman Close, Ely, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
