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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, 7, Chestnut Way, Ely is a modern freehold house with 925 ft2 of internal area and sits on a 547 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Chestnut Way, Ely is £347,190 and the estimated rental value is £1,311 per month.
Chestnut Way, Mepal, Ely, CB6 is located in the borough of East Cambridgeshire within the CB6 postal district.
7, Chestnut Way, Ely has 31 entries in the Land Registry , most recently in May 2023 and a single entry in the EPC database dated January 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 7, Chestnut Way, Ely is in very good condition we estimate a sale value of £364,550 and a rental value of £1,377 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £322,887 and a rental value of £1,219 per month.
Over the last 12 months the sale value of 7 Chestnut Way Ely has decreased by an estimated £6,117 (1.8%) and its rental value has increased by an estimated £21 per month (1.6%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 7, Chestnut Way, Ely sits on a plot of 547m2.
We have plot size data on 17 out of 17 other houses in the postcode and 7, Chestnut Way, Ely sits on the 2nd largest plot.
7, Chestnut Way, Ely has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jan 2023.
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, 7, Chestnut Way, Ely was last sold on 19th May 2023 for £375,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2023, the market for similar properties has dropped 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Chestnut Way, Ely within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 2, Chestnut Way, Ely, CB6 2YR, a freehold house which sold for £357,500 on the 12th December 2023.
Read more about house prices in CB6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Way, Mepal, Ely, CB6 has a total of 49 addresses. According to our analysis of all the public data, 7, Chestnut Way, Ely is the 29th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £562 more expensive than the average property in CB6.
The closest station to 7, Chestnut Way, Ely is Ely station which is 10.0 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 7, Chestnut Way, Ely, 60.0% of property is privately owned outright and 37.6% 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 7, Chestnut Way, Ely, 10.1% of residents are recorded as possessing school level qualifications and 29.3% 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 7, Chestnut Way, 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 7, Chestnut Way, 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 7, Chestnut Way, Ely, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
