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According to the public record, 24, Pump Lane, Ely is a modern leasehold apartment with 516 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, Pump Lane, Ely is £124,148 and the estimated rental value is £659 per month.
Pump Lane, Stretham, Ely, CB6 is located in the borough of East Cambridgeshire within the CB6 postal district.
24, Pump Lane, Ely has 31 entries in the Land Registry , most recently in April 2016 and a single entry in the EPC database dated September 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Pump Lane, Ely is in very good condition we estimate a sale value of £130,356 and a rental value of £692 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £115,458 and a rental value of £613 per month.
Over the last 12 months the sale value of 24 Pump Lane Ely has decreased by an estimated £2,514 (2.0%) and its rental value has increased by an estimated £12 per month (1.9%), giving an expected gross yield of 6.4%.
24, Pump Lane, Ely has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Sep 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 24, Pump Lane, Ely was last sold on 25th April 2016 for £102,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since April 2016, the market for similar properties has risen 13.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Pump Lane, Ely within a radius of 4.0 kilometres over the last 2 years.
The most recent example is 3 Rose Meadow Park, Stretham Station Road, Ely, CB6 3QN, a leasehold flat which sold for £39,999 on the 27th September 2023.
Read more about house prices in CB6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pump Lane, Stretham, Ely, CB6 has a total of 18 addresses. According to our analysis of all the public data, 24, Pump Lane, Ely is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £222k less expensive than the average property in CB6.
The closest station to 24, Pump Lane, Ely is Ely station which is 5.9 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 24, Pump Lane, Ely, 49.3% of property is privately owned outright and 32.9% 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, Pump Lane, Ely, 20.6% of residents are recorded as possessing school level qualifications and 37.8% 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, Pump Lane, Ely, the average age was 43.6 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, Pump Lane, Ely, 0.6% 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, Pump Lane, 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.