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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, 23, King James Close, Ely is a modern freehold house with 1,184 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 23, King James Close, Ely is £409,137 and the estimated rental value is £1,537 per month.
King James Close, Fordham, Ely, CB7 is located in the borough of East Cambridgeshire within the CB7 postal district.
23, King James Close, Ely has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated July 2022.
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 23, King James Close, Ely is in very good condition we estimate a sale value of £429,594 and a rental value of £1,614 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £380,498 and a rental value of £1,429 per month.
Over the last 12 months the sale value of 23 King James Close Ely has decreased by an estimated £11,347 (2.8%) and its rental value has increased by an estimated £24 per month (1.6%), giving an expected gross yield of 4.5%.
23, King James Close, Ely has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Jul 2022.
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, 23, King James Close, Ely was last sold on 28th July 2022 for £404,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2022, the market for similar properties has dropped 5.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, King James Close, Ely within a radius of 3.0 kilometres over the last 2 years.
The most recent example is 10, Bohemia Place, Ely, CB7 5XJ, a freehold house which sold for £422,500 on the 27th January 2023.
Read more about house prices in CB7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
King James Close, Fordham, Ely, CB7 has a total of 41 addresses. According to our analysis of all the public data, 23, King James Close, Ely is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £88k more expensive than the average property in CB7.
The closest station to 23, King James Close, Ely is Soham station which is 5.9 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 23, King James Close, 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 23, King James Close, 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 23, King James Close, 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 23, King James Close, 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 23, King James Close, 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.
