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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, Old Bank, Ely is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,784 ft2 of internal area and sits on a 436 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 16, Old Bank, Ely is £520,787 and the estimated rental value is £1,837 per month.
Old Bank, Prickwillow, Ely, CB7 is located in the borough of East Cambridgeshire within the CB7 postal district.
16, Old Bank, Ely has a single entry in the Land Registry from September 2009 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 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, Old Bank, Ely is in very good condition we estimate a sale value of £546,826 and a rental value of £1,929 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £484,332 and a rental value of £1,709 per month.
Over the last 12 months the sale value of 16 Old Bank Ely has decreased by an estimated £14,443 (2.8%) and its rental value has increased by an estimated £29 per month (1.6%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 16, Old Bank, Ely sits on a plot of 436m2.
We have plot size data on 23 out of 31 other houses in the postcode and 16, Old Bank, Ely sits on the 11th largest plot.
According to HM Land Registry, 16, Old Bank, Ely was last sold on 11th September 2009 for £290,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2009, the market for similar properties has risen 80.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Old Bank, Ely within a radius of 4.5 kilometres over the last 2 years.
The most recent example is 44, Old Bank, Ely, CB7 4UT, a freehold house which sold for £397,000 on the 19th March 2021.
Read more about house prices in CB7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Bank, Prickwillow, Ely, CB7 has a total of 31 addresses. According to our analysis of all the public data, 16, Old Bank, Ely is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £200k more expensive than the average property in CB7.
The closest station to 16, Old Bank, Ely is Shippea Hill station which is 5.4 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, Old Bank, Ely, 45.7% of property is privately owned outright and 38.3% 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, Old Bank, Ely, 19.3% of residents are recorded as possessing school level qualifications and 35.8% 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 16, Old Bank, 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 16, Old Bank, Ely, 2.2% 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, Old Bank, Ely, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
