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According to the public record, 2, Azalea Avenue, Ely is a modern freehold house with 785 ft2 of internal area.
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 2, Azalea Avenue, Ely is £315,841 and the estimated rental value is £1,223 per month.
Azalea Avenue, Fordham, Ely, CB7 is located in the borough of East Cambridgeshire within the CB7 postal district.
2, Azalea Avenue, Ely has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated May 2023.
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 2, Azalea Avenue, Ely is in very good condition we estimate a sale value of £331,634 and a rental value of £1,284 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £293,733 and a rental value of £1,137 per month.
Over the last 12 months the sale value of 2 Azalea Avenue Ely has decreased by an estimated £9,059 (2.9%) and its rental value has increased by an estimated £18 per month (1.5%), giving an expected gross yield of 4.6%.
2, Azalea Avenue, Ely has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 May 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Azalea Avenue, Ely was last sold on 24th May 2023 for £310,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has dropped 11.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Azalea Avenue, Ely within a radius of 2.7 kilometres over the last 2 years.
The most recent example is 48, Azalea Avenue, Ely, CB7 6BF, a freehold house which sold for £309,950 on the 21st June 2024.
Read more about house prices in CB7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Azalea Avenue, Fordham, Ely, CB7 has a total of 39 addresses. According to our analysis of all the public data, 2, Azalea Avenue, Ely is the 38th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in CB7.
The closest station to 2, Azalea Avenue, Ely is Soham station which is 4.8 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 2, Azalea Avenue, Ely, 41.2% of property is privately owned outright and 36.2% 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 2, Azalea Avenue, Ely, 14.1% of residents are recorded as possessing school level qualifications and 35.6% 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 2, Azalea Avenue, 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 2, Azalea Avenue, 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 2, Azalea Avenue, 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.