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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, 16, Mill Lane, Ely is a period house with 1,065 ft2 of internal area and sits on a 512 m2 plot.
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 16, Mill Lane, Ely is £342,190 and the estimated rental value is £1,360 per month.
Mill Lane, Fordham, Ely, CB7 is located in the borough of East Cambridgeshire within the CB7 postal district.
16, Mill Lane, Ely has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2022.
We combine this information with public data 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 16, Mill Lane, Ely is in very good condition we estimate a sale value of £359,300 and a rental value of £1,428 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £318,237 and a rental value of £1,265 per month.
Over the last 12 months the sale value of 16 Mill Lane Ely has decreased by an estimated £9,815 (2.9%) and its rental value has increased by an estimated £20 per month (1.5%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 16, Mill Lane, Ely sits on a plot of 512m2.
We have plot size data on 22 out of 28 other houses in the postcode and 16, Mill Lane, Ely sits on the 15th largest plot.
16, Mill Lane, Ely has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Feb 2022.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 16, Mill Lane, Ely was last sold on 25th August 2005 for £241,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Mill Lane, Ely within a radius of 2.8 kilometres over the last 2 years.
The most recent example is 8, Collins Hill, Ely, CB7 5PA, a freehold house which sold for £375,000 on the 21st October 2022.
Read more about house prices in CB7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Fordham, Ely, CB7 has a total of 66 addresses. According to our analysis of all the public data, 16, Mill Lane, Ely is the 46th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £22k more expensive than the average property in CB7.
The closest station to 16, Mill Lane, Ely is Soham station which is 5.1 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 16, Mill Lane, Ely, 39.4% of property is privately owned outright and 26.3% is privately owned with a mortgage.
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 16, Mill Lane, Ely, 20.0% of residents are recorded as possessing school level qualifications and 36.7% 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 16, Mill Lane, Ely, the average age was 43 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 16, Mill Lane, Ely, 1.2% 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 16, Mill Lane, 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.
