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According to the public record, 76, Merivale Way, Ely is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 376 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 76, Merivale Way, Ely is £188,678 and the estimated rental value is £813 per month.
Merivale Way, Ely, CB7 is located in the borough of East Cambridgeshire within the CB7 postal district.
76, Merivale Way, Ely has a single entry in the Land Registry from August 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 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 76, Merivale Way, Ely is in very good condition we estimate a sale value of £198,112 and a rental value of £854 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £175,470 and a rental value of £756 per month.
Over the last 12 months the sale value of 76 Merivale Way Ely has decreased by an estimated £5,010 (2.7%) and its rental value has increased by an estimated £13 per month (1.6%), giving an expected gross yield of 5.2%.
According to HM Land Registry, 76, Merivale Way, Ely was last sold on 15th August 2013 for £62,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since August 2013, the market for similar properties has risen 47.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 76, Merivale Way, Ely within a radius of 770 metres over the last 2 years.
The most recent example is 9, Birch Close, Ely, CB7 4TJ, a freehold house which sold for £208,500 on the 6th August 2024.
Read more about house prices in CB7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merivale Way, Ely, CB7 has a total of 102 addresses. According to our analysis of all the public data, 76, Merivale Way, Ely is the 101st largest and the 99th most expensive property on the street.
When compared to the postcode district it is £132k less expensive than the average property in CB7.
The closest station to 76, Merivale Way, Ely is Ely station which is 2.0 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 76, Merivale Way, Ely, 53.7% of property is privately owned with a mortgage and 19.1% is privately rented.
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 76, Merivale Way, Ely, 21.5% of residents are recorded as possessing school level qualifications and 51.6% 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 76, Merivale Way, 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 76, Merivale 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 76, Merivale Way, Ely, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.