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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, 24, Beech Close, Ely is a modern leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 24, Beech Close, Ely is £102,515 and the estimated rental value is £540 per month.
Beech Close, Fordham, Ely, CB7 is located in the borough of East Cambridgeshire within the CB7 postal district.
24, Beech Close, Ely has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated December 2020.
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 24, Beech Close, Ely is in very good condition we estimate a sale value of £107,641 and a rental value of £567 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £95,339 and a rental value of £502 per month.
Over the last 12 months the sale value of 24 Beech Close Ely has decreased by an estimated £1,745 (1.7%) and its rental value has increased by an estimated £16 per month (2.9%), giving an expected gross yield of 6.3%.
24, Beech Close, Ely has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Dec 2020.
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, 24, Beech Close, Ely was last sold on 10th December 2021 for £100,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2021, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Beech Close, Ely within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 32, Beech Close, Ely, CB7 6AP, a leasehold flat which sold for £100,000 on the 30th June 2022.
Read more about house prices in CB7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beech Close, Fordham, Ely, CB7 has a total of 27 addresses. According to our analysis of all the public data, 24, Beech Close, Ely is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £218k less expensive than the average property in CB7.
The closest station to 24, Beech Close, Ely is Soham station which is 4.4 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 24, Beech Close, 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 24, Beech Close, 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 24, Beech 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 24, Beech Close, 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 24, Beech 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.
