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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, 8, Chelsea Drive, Ely is a modern freehold house with 850 ft2 of internal area.
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 8, Chelsea Drive, Ely is £345,995 and the estimated rental value is £1,332 per month.
Chelsea Drive, Ely, CB6 is located in the borough of East Cambridgeshire within the CB6 postal district.
8, Chelsea Drive, Ely has a single entry in the Land Registry from August 2024 and a single entry in the EPC database dated June 2024.
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 8, Chelsea Drive, Ely is in very good condition we estimate a sale value of £363,295 and a rental value of £1,398 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,775 and a rental value of £1,238 per month.
Over the last 12 months the sale value of 8 Chelsea Drive Ely has decreased by an estimated £6,096 (1.8%) and its rental value has increased by an estimated £21 per month (1.6%), giving an expected gross yield of 4.6%.
8, Chelsea Drive, Ely has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Jun 2024.
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, 8, Chelsea Drive, Ely was last sold on 1st August 2024 for £353,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2024, the market for similar properties has dropped 12.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Chelsea Drive, Ely within a radius of 830 metres over the last 2 years.
The most recent example is 70, Forsythia Road, Ely, CB6 2FU, a freehold house which sold for £375,000 on the 29th November 2022.
Read more about house prices in CB6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chelsea Drive, Ely, CB6 has a total of 13 addresses. According to our analysis of all the public data, 8, Chelsea Drive, Ely is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £634 less expensive than the average property in CB6.
The closest station to 8, Chelsea Drive, Ely is Ely station which is 2.1 kilometres away.
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 8, Chelsea Drive, Ely, 52.5% of property is privately owned with a mortgage and 15.6% 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 8, Chelsea Drive, Ely, 28.7% of residents are recorded as possessing school level qualifications and 45.9% 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 8, Chelsea Drive, 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 8, Chelsea Drive, Ely, 0.2% 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 8, Chelsea Drive, 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.
