Bank House, Ely
Bank House, Ely
Description & Estimates
Public records show Bank House, Ely to be a modern freehold house with 1,614 ft2 of internal area, sitting on a 471 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
Bank House, Ely has an estimated sale value of £679,787 and an estimated rental value of £2,028 per month, assuming reasonable condition and based on the information available.
Straight Drove, Coveney, Ely, CB6 lies in the borough of East Cambridgeshire, within the CB6 postal district.
Our Data Sources
Bank House, Ely has 21 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated February 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Bank House, Ely would be worth £713,776, with a potential rental value of £2,129 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £632,202, with a rental value of £1,886 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Bank House, Ely has fallen by £15,712 (2.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £32 (1.6%). The property's estimated gross yield is currently 3.6%.
Plot Size
Bank House, Ely occupies a 471 m2 plot as recorded by HM Land Registry.
Of the 10 other houses in this postcode, 7 have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
Bank House, Ely has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Feb 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
Bank House, Ely last changed hands on 1st December 2023, selling for £410,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 0.4% since December 2023.
- Sold Dec 2023£410,000
- Sold May 2006£235,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.9 kilometres of Bank House, Ely across the last 2 years.
Most recently, 12, Townsend, Ely, CB6 2TA, a freehold house, sold at £565,000 on the 7th February 2022.
Read more about house prices in CB6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Bank House, Ely as the 3rd largest and the 3rd most expensive of the 10 addresses on Straight Drove, Coveney, Ely, CB6.
Against the CB6 postcode district average, it is £335k more expensive than the typical property.
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Schools Nearby
- 4.1kmDownham Feoffees Primary Academy
- 5.0kmManea Community Primary School
- 5.9kmMepal and Witcham Church of England Primary School
- 5.9kmWitchford Village College
- 6.4kmEly College
- 8.1kmVista Academy Littleport
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Public Transport Nearby
Manea station is the nearest stop to Bank House, Ely at 6.4 kilometres away.
- 6.4kmManea
- 7.9kmEly
- 9.4kmLittleport
Risk of Flooding
Environment Agency data suggests this area has a medium risk of flooding.
