37, Festival Road
37, Festival Road
Description & Estimates
37, Festival Road, Ely appears in the public record as a freehold house sitting on a 611 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,062 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 37, Festival Road, Ely is £210,243 and its rental estimate is £981 per month, given the available information and assuming reasonable condition.
Festival Road, Isleham, Ely, CB7 falls within the CB7 postal district, in the borough of East Cambridgeshire.
Our Data Sources
37, Festival Road, Ely has a single entry in the Land Registry from February 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 37, Festival Road, Ely, we estimate a market value of £220,756 and a rental value of £1,030 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £195,526 and £912 per month respectively.
Recent Market Change
Over the last year, 37, Festival Road, Ely has seen its estimated sale value move down by £5,370 (2.6%) and its estimated rental value increase by £16 per month (1.7%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 37, Festival Road, Ely as measuring 611 m2.
That makes it the largest plot in the postcode, where 33 of the 42 other houses have recorded plot data.
Sold Prices
The most recent sale of 37, Festival Road, Ely completed on 9th February 2007 at £145,005 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 68.1% over the period since February 2007.
- Sold Feb 2007£145,005
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 3.3 kilometres of 37, Festival Road, Ely, per the Land Registry and our network of Estate Agents.
The latest, on the 19th June 2020, was 27, Festival Road, Ely, CB7 5SY, a freehold house which sold for £210,000.
Read more about house prices in CB7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 42 addresses on Festival Road, Isleham, Ely, CB7, 37, Festival Road, Ely comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £109k less expensive than the average property across the CB7 district.
More reading links
Schools Nearby
- 300mIsleham Church of England Primary School
- 3.1kmWest Row Academy
- 3.7kmFordham CofE Primary School
- 5.4kmSoham Village College
- 7.4kmMildenhall College Academy
- 10.3kmNewmarket Academy
More reading links
Public Transport Nearby
From 37, Festival Road, Ely, the nearest station is Soham, 6.1 kilometres away.
- 6.1kmSoham
- 8.8kmKennett
- 9.8kmShippea Hill
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
