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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, Murfitts Lane, Ely is a modern freehold house with 1,334 ft2 of internal area and sits on a 445 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 5, Murfitts Lane, Ely is £334,112 and the estimated rental value is £1,501 per month.
Murfitts Lane, Fordham, Ely, CB7 is located in the borough of East Cambridgeshire within the CB7 postal district.
5, Murfitts Lane, Ely has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated January 2019.
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, Murfitts Lane, Ely is in very good condition we estimate a sale value of £350,817 and a rental value of £1,576 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £310,724 and a rental value of £1,396 per month.
Over the last 12 months the sale value of 5 Murfitts Lane Ely has decreased by an estimated £9,266 (2.8%) and its rental value has increased by an estimated £24 per month (1.6%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 5, Murfitts Lane, Ely sits on a plot of 445m2.
We have plot size data on 17 out of 23 other houses in the postcode and 5, Murfitts Lane, Ely sits on the 13th largest plot.
5, Murfitts Lane, Ely has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jan 2019.
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, 5, Murfitts Lane, Ely was last sold on 18th March 2016 for £235,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2016, the market for similar properties has risen 16.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Murfitts Lane, Ely within a radius of 2.1 kilometres over the last 2 years.
The most recent example is 17, Grove Gardens, Ely, CB7 5ZL, a freehold house which sold for £380,000 on the 19th February 2021.
Read more about house prices in CB7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Murfitts Lane, Fordham, Ely, CB7 has a total of 23 addresses. According to our analysis of all the public data, 5, Murfitts Lane, Ely is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in CB7.
The closest station to 5, Murfitts Lane, Ely is Soham station which is 4.0 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, Murfitts Lane, Ely, 32.5% of property is privately owned with a mortgage and 31.3% is privately owned outright.
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, Murfitts Lane, Ely, 26.2% of residents are recorded as possessing school level qualifications and 31.9% 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, Murfitts Lane, 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 5, Murfitts Lane, Ely, 0.7% 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, Murfitts Lane, 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.
