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According to the public record, 8, Speed Lane, Ely is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 774 ft2 of internal area and sits on a 329 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Speed Lane, Ely is £257,819 and the estimated rental value is £1,129 per month.
Speed Lane, Soham, Ely, CB7 is located in the borough of East Cambridgeshire within the CB7 postal district.
8, Speed Lane, Ely has a single entry in the Land Registry from March 2008 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 8, Speed Lane, Ely is in very good condition we estimate a sale value of £270,710 and a rental value of £1,185 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,771 and a rental value of £1,050 per month.
Over the last 12 months the sale value of 8 Speed Lane Ely has decreased by an estimated £7,395 (2.9%) and its rental value has increased by an estimated £17 per month (1.5%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 8, Speed Lane, Ely sits on a plot of 329m2.
We have plot size data on 24 out of 26 other houses in the postcode and 8, Speed Lane, Ely sits on the 8th largest plot.
According to HM Land Registry, 8, Speed Lane, Ely was last sold on 7th March 2008 for £134,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2008, the market for similar properties has risen 82.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Speed Lane, Ely within a radius of 610 metres over the last 2 years.
The most recent example is 45, Pratt Street, Ely, CB7 5BH, a freehold house which sold for £230,000 on the 8th November 2024.
Read more about house prices in CB7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Speed Lane, Soham, Ely, CB7 has a total of 26 addresses. According to our analysis of all the public data, 8, Speed Lane, Ely is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £63k less expensive than the average property in CB7.
The closest station to 8, Speed Lane, Ely is Soham station which is 800 metres 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 8, Speed Lane, Ely, 39.7% of property is privately owned outright and 31.3% 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 8, Speed Lane, Ely, 14.1% of residents are recorded as possessing school level qualifications and 29.2% 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 8, Speed Lane, Ely, the average age was 40.1 and the most common age was 32.
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, Speed Lane, Ely, 1.7% 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 8, Speed 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.
