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According to the public record, 29, Christopher Tye Close, Ely is a modern leasehold apartment with 678 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 29, Christopher Tye Close, Ely is £150,270 and the estimated rental value is £779 per month.
Christopher Tye Close, Ely, CB6 is located in the borough of East Cambridgeshire within the CB6 postal district.
29, Christopher Tye Close, Ely has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated May 2022.
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 29, Christopher Tye Close, Ely is in very good condition we estimate a sale value of £157,783 and a rental value of £818 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £139,751 and a rental value of £724 per month.
Over the last 12 months the sale value of 29 Christopher Tye Close Ely has decreased by an estimated £3,042 (2.0%) and its rental value has increased by an estimated £15 per month (1.9%), giving an expected gross yield of 6.2%.
29, Christopher Tye Close, Ely has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 May 2022.
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, 29, Christopher Tye Close, Ely was last sold on 2nd December 2022 for £155,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has dropped 10.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Christopher Tye Close, Ely within a radius of 590 metres over the last 2 years.
The most recent example is 54, West Fen Road, Ely, CB6 1AN, a leasehold flat which sold for £155,000 on the 13th November 2020.
Read more about house prices in CB6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Christopher Tye Close, Ely, CB6 has a total of 28 addresses. According to our analysis of all the public data, 29, Christopher Tye Close, Ely is the 20th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in CB6.
The closest station to 29, Christopher Tye Close, Ely is Ely station which is 1.6 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 29, Christopher Tye Close, Ely, 34.5% of property is privately owned outright and 27.4% 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 29, Christopher Tye Close, Ely, 10.8% of residents are recorded as possessing school level qualifications and 28.6% 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 29, Christopher Tye Close, Ely, the average age was 41.5 and the most common age was 42.
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 29, Christopher Tye Close, Ely, 0.4% 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 29, Christopher Tye Close, Ely, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
