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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, 13, Springhead Lane, Ely is a mid-century leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 13, Springhead Lane, Ely is £152,135 and the estimated rental value is £778 per month.
Springhead Lane, Ely, CB7 is located in the borough of East Cambridgeshire within the CB7 postal district.
13, Springhead Lane, Ely has 2 entries in the Land Registry , most recently in July 2014 and a single entry in the EPC database dated June 2022.
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.
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 13, Springhead Lane, Ely is in very good condition we estimate a sale value of £159,742 and a rental value of £817 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,485 and a rental value of £723 per month.
Over the last 12 months the sale value of 13 Springhead Lane Ely has decreased by an estimated £2,589 (1.7%) and its rental value has increased by an estimated £23 per month (2.9%), giving an expected gross yield of 6.1%.
13, Springhead Lane, Ely has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jun 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 13, Springhead Lane, Ely was last sold on 14th July 2014 for £119,995 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2014, the market for similar properties has risen 22.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13, Springhead Lane, Ely within a radius of 640 metres over the last 2 years.
The most recent example is 20, Roswell View, Ely, CB7 4JS, a leasehold flat which sold for £161,000 on the 18th October 2024.
Read more about house prices in CB7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springhead Lane, Ely, CB7 has a total of 37 addresses. According to our analysis of all the public data, 13, Springhead Lane, Ely is the 34th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £169k less expensive than the average property in CB7.
The closest station to 13, Springhead Lane, Ely is Ely station which is 1.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 13, Springhead Lane, Ely, 63.9% of property is privately owned outright and 13.4% 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 13, Springhead Lane, Ely, 5.8% of residents are recorded as possessing school level qualifications and 39.1% 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 13, Springhead 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 13, Springhead Lane, Ely, 1.6% 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 13, Springhead Lane, Ely, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
