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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, 38, Newmarket Road, Ely is a modern house with 3,853 ft2 of internal area and sits on a 3,519 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Newmarket Road, Ely is £733,128 and the estimated rental value is £2,819 per month.
Newmarket Road, Fordham, Ely, CB7 is located in the borough of East Cambridgeshire within the CB7 postal district.
38, Newmarket Road, Ely has no records in the the Land Registry and a single entry in the EPC database dated April 2018.
We combine this information with public data 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 38, Newmarket Road, Ely is in very good condition we estimate a sale value of £769,785 and a rental value of £2,960 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £681,809 and a rental value of £2,622 per month.
Over the last 12 months the sale value of 38 Newmarket Road Ely has decreased by an estimated £20,897 (2.9%) and its rental value has increased by an estimated £38 per month (1.4%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 38, Newmarket Road, Ely sits on a plot of 3519m2.
We have plot size data on 14 out of 26 other houses in the postcode and 38, Newmarket Road, Ely sits on the 2nd largest plot.
38, Newmarket Road, Ely has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Apr 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 3.0 kilometres radius of 38, Newmarket Road, Ely over the last 2 years.
The most recent example is 20, Newmarket Road, Ely, CB7 5LL, a freehold house which sold for £250,000 on the 21st October 2022.
Read more about house prices in CB7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newmarket Road, Fordham, Ely, CB7 has a total of 44 addresses. According to our analysis of all the public data, 38, Newmarket Road, Ely is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £412k more expensive than the average property in CB7.
The closest station to 38, Newmarket Road, Ely is Soham station which is 5.4 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 38, Newmarket Road, 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 38, Newmarket Road, 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 38, Newmarket Road, 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 38, Newmarket Road, 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 38, Newmarket Road, 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.
