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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 11, Ship Lane, Ely is £452,340 and the estimated rental value is £1,451 per month.
Ship Lane, Ely, CB7 is located in the borough of East Cambridgeshire within the CB7 postal district.
11, Ship Lane, Ely has a single entry in the Land Registry from July 2008 and a single entry in the EPC database dated November 2022.
We combine this information with that of neighbouring properties to estimate the property 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 11, Ship Lane, Ely is in very good condition we estimate a sale value of £474,957 and a rental value of £1,524 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £420,676 and a rental value of £1,350 per month.
Over the last 12 months the sale value of 11 Ship Lane Ely has decreased by an estimated £12,974 (2.9%) and its rental value has increased by an estimated £22 per month (1.5%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, 11, Ship Lane, Ely sits on a plot of 72m2.
We have plot size data on 12 out of 14 other houses in the postcode and 11, Ship Lane, Ely sits on the 9th largest plot.
11, Ship Lane, Ely has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Nov 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, Ship Lane, Ely was last sold on 18th July 2008 for £220,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2008, the market for similar properties has risen 52.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Ship Lane, Ely within a radius of 820 metres over the last 2 years.
The most recent example is 7, Cardinals Way, Ely, CB7 4GF, a freehold house which sold for £430,000 on the 26th July 2024.
Read more about house prices in CB7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ship Lane, Ely, CB7 has a total of 51 addresses. According to our analysis of all the public data, 11, Ship Lane, Ely is the 16th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £132k more expensive than the average property in CB7.
The closest station to 11, Ship Lane, Ely is Ely station which is 500 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 11, Ship Lane, Ely, 42.9% of property is privately owned outright and 34.0% is privately rented.
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, Ship Lane, Ely, 10.5% of residents are recorded as possessing school level qualifications and 55.6% 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 11, Ship Lane, Ely, the average age was 42 and the most common age was 47.
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, Ship Lane, Ely, 2.4% 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, Ship Lane, Ely, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.