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According to the public record, 2, Tower Court, Ely is a period apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Tower Court, Ely is £170,875 and the estimated rental value is £711 per month.
Tower Court, Ely, CB7 is located in the borough of East Cambridgeshire within the CB7 postal district.
2, Tower Court, Ely has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2017.
We combine this information with public data 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, Tower Court, Ely is in very good condition we estimate a sale value of £179,419 and a rental value of £746 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,914 and a rental value of £661 per month.
Over the last 12 months the sale value of 2 Tower Court Ely has decreased by an estimated £1,751 (1.0%) and its rental value has increased by an estimated £21 per month (3.0%), giving an expected gross yield of 5%.
2, Tower Court, Ely has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Feb 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Tower Court, Ely was last sold on 23rd December 1999 for £43,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Tower Court, Ely within a radius of 640 metres over the last 2 years.
The most recent example is 7, Tower Court, Ely, CB7 4XS, a leasehold flat which sold for £154,000 on the 31st July 2019.
Read more about house prices in CB7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tower Court, Ely, CB7 has a total of 66 addresses. According to our analysis of all the public data, 2, Tower Court, Ely is the 57th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in CB7.
The closest station to 2, Tower Court, 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 2, Tower Court, Ely, 34.9% of property is privately owned outright and 30.1% 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 2, Tower Court, Ely, 15.8% of residents are recorded as possessing school level qualifications and 59.1% 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 2, Tower Court, 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 2, Tower Court, Ely, 1.8% 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, Tower Court, Ely, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.