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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, 39, Cherry Drive, Ely is a modern freehold house with 1,506 ft2 of internal area and sits on a 328 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 39, Cherry Drive, Ely is £465,184 and the estimated rental value is £1,788 per month.
Cherry Drive, Ely, CB6 is located in the borough of East Cambridgeshire within the CB6 postal district.
39, Cherry Drive, Ely has a single entry in the Land Registry from April 2020 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 39, Cherry Drive, Ely is in very good condition we estimate a sale value of £488,443 and a rental value of £1,877 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £432,621 and a rental value of £1,663 per month.
Over the last 12 months the sale value of 39 Cherry Drive Ely has decreased by an estimated £8,041 (1.7%) and its rental value has increased by an estimated £28 per month (1.6%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 39, Cherry Drive, Ely sits on a plot of 328m2.
We have plot size data on 37 out of 54 other houses in the postcode and 39, Cherry Drive, Ely sits on the 15th largest plot.
39, Cherry Drive, Ely has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jan 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, 39, Cherry Drive, Ely was last sold on 2nd April 2020 for £489,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2020, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Cherry Drive, Ely within a radius of 680 metres over the last 2 years.
The most recent example is 41, School Road, Ely, CB6 2FG, a freehold house which sold for £520,000 on the 28th October 2022.
Read more about house prices in CB6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Drive, Ely, CB6 has a total of 58 addresses. According to our analysis of all the public data, 39, Cherry Drive, Ely is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £119k more expensive than the average property in CB6.
The closest station to 39, Cherry Drive, Ely is Ely station which is 2.1 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 39, Cherry Drive, Ely, 41.9% of property is privately owned outright and 39.5% 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 39, Cherry Drive, Ely, 22.6% of residents are recorded as possessing school level qualifications and 54.5% 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 39, Cherry Drive, 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 39, Cherry Drive, Ely, 0.9% 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 39, Cherry Drive, Ely, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
