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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, School Lane, Ely is a modern freehold house with 1,517 ft2 of internal area and sits on a 401 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, School Lane, Ely is £410,525 and the estimated rental value is £1,667 per month.
School Lane, Mepal, Ely, CB6 is located in the borough of East Cambridgeshire within the CB6 postal district.
5, School Lane, Ely has a single entry in the Land Registry from October 2018 and a single entry in the EPC database dated October 2018.
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, School Lane, Ely is in very good condition we estimate a sale value of £431,051 and a rental value of £1,750 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £381,788 and a rental value of £1,550 per month.
Over the last 12 months the sale value of 5 School Lane Ely has decreased by an estimated £7,096 (1.7%) and its rental value has increased by an estimated £26 per month (1.6%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 5, School Lane, Ely sits on a plot of 401m2.
We have plot size data on 12 out of 23 other houses in the postcode and 5, School Lane, Ely sits on the 6th largest plot.
5, School Lane, Ely has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Oct 2018.
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, 5, School Lane, Ely was last sold on 25th October 2018 for £350,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2018, the market for similar properties has risen 17.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, School Lane, Ely within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 7, School Lane, Ely, CB6 2AJ, a freehold house which sold for £450,000 on the 21st November 2022.
Read more about house prices in CB6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
School Lane, Mepal, Ely, CB6 has a total of 23 addresses. According to our analysis of all the public data, 5, School Lane, Ely is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in CB6.
The closest station to 5, School Lane, Ely is Ely station which is 10.3 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, School Lane, Ely, 44.7% of property is privately owned outright and 28.0% 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, School Lane, Ely, 17.1% of residents are recorded as possessing school level qualifications and 17.2% 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, School 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, School 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, School Lane, 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.
