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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, 5, Martins Lane, Ely is a modern freehold house with 2,012 ft2 of internal area and sits on a 796 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 5, Martins Lane, Ely is £504,482 and the estimated rental value is £1,960 per month.
Martins Lane, Witcham, Ely, CB6 is located in the borough of East Cambridgeshire within the CB6 postal district.
5, Martins Lane, Ely has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated May 2021.
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 5, Martins Lane, Ely is in very good condition we estimate a sale value of £529,706 and a rental value of £2,058 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £469,168 and a rental value of £1,823 per month.
Over the last 12 months the sale value of 5 Martins Lane Ely has decreased by an estimated £11,367 (2.3%) and its rental value has increased by an estimated £28 per month (1.4%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 5, Martins Lane, Ely sits on a plot of 796m2.
We have plot size data on 21 out of 27 other houses in the postcode and 5, Martins Lane, Ely sits on the 8th largest plot.
5, Martins Lane, Ely has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 May 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 5, Martins Lane, Ely was last sold on 29th September 2021 for £477,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2021, the market for similar properties has risen 10.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Martins Lane, Ely within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 14, Martins Lane, Ely, CB6 2LB, a freehold house which sold for £325,000 on the 19th December 2023.
Read more about house prices in CB6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Martins Lane, Witcham, Ely, CB6 has a total of 27 addresses. According to our analysis of all the public data, 5, Martins Lane, Ely is the 6th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £158k more expensive than the average property in CB6.
The closest station to 5, Martins Lane, Ely is Ely station which is 8.0 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 5, Martins Lane, Ely, 41.3% of property is privately owned outright and 39.1% 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 5, Martins Lane, Ely, 15.4% of residents are recorded as possessing school level qualifications and 37.3% 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 5, Martins Lane, Ely, the average age was 43.6 and the most common age was 47.
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 5, Martins Lane, Ely, 0.0% 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 5, Martins Lane, Ely, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
