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Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Laurel Close, Ely is £184,494 and the estimated rental value is £845 per month.
Laurel Close, Mepal, Ely, CB6 is located in the borough of East Cambridgeshire within the CB6 postal district.
2, Laurel Close, Ely has 31 entries in the Land Registry , most recently in November 2019 and a single entry in the EPC database dated January 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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, Laurel Close, Ely is in very good condition we estimate a sale value of £193,719 and a rental value of £887 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,580 and a rental value of £786 per month.
Over the last 12 months the sale value of 2 Laurel Close Ely has decreased by an estimated £4,663 (2.5%) and its rental value has increased by an estimated £12 per month (1.4%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 2, Laurel Close, Ely sits on a plot of 260m2.
We have plot size data on 40 out of 47 other houses in the postcode and 2, Laurel Close, Ely sits on the 26th largest plot.
2, Laurel Close, Ely has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jan 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 2, Laurel Close, Ely was last sold on 15th November 2019 for £160,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since November 2019, the market for similar properties has risen 20.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Laurel Close, Ely within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 44F, The Orchards, Ely, CB6 2PX, a freehold house which sold for £192,500 on the 11th March 2022.
Read more about house prices in CB6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laurel Close, Mepal, Ely, CB6 has a total of 47 addresses. According to our analysis of all the public data, 2, Laurel Close, Ely is the 47th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £162k less expensive than the average property in CB6.
The closest station to 2, Laurel Close, Ely is Ely station which is 10.0 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Laurel Close, Ely, 60.0% of property is privately owned outright and 37.6% 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, Laurel Close, Ely, 10.1% of residents are recorded as possessing school level qualifications and 29.3% 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, Laurel Close, Ely, the average age was 43.6 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 2, Laurel Close, Ely, 0.0% 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, Laurel Close, Ely, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.