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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
According to the public record, Flat 7, 11, Clarkes Lane, Ely is a modern leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 7, 11, Clarkes Lane, Ely is £189,964 and the estimated rental value is £911 per month.
The apartment is within 11, Clarkes Lane, Wilburton, Ely, CB6.
Clarkes Lane, Wilburton, Ely, CB6 is located in the borough of East Cambridgeshire within the CB6 postal district.
Flat 7, 11, Clarkes Lane, Ely has 31 entries in the Land Registry , most recently in May 2022 and a single entry in the EPC database dated November 2013.
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 Flat 7, 11, Clarkes Lane, Ely is in very good condition we estimate a sale value of £199,462 and a rental value of £957 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £176,666 and a rental value of £847 per month.
Over the last 12 months the sale value of Flat 7 11 Clarkes Lane Ely has decreased by an estimated £3,846 (2.0%) and its rental value has increased by an estimated £17 per month (1.9%), giving an expected gross yield of 5.8%.
Flat 7, 11, Clarkes Lane, Ely has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 7, 11, Clarkes Lane, Ely was last sold on 27th May 2022 for £185,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2022, the market for similar properties has risen 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, 11, Clarkes Lane, Ely within a radius of 2.8 kilometres over the last 2 years.
The most recent example is Flat 2, 11, Clarkes Lane, Ely, CB6 3QA, a leasehold flat which sold for £155,000 on the 23rd December 2019.
Read more about house prices in CB6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clarkes Lane, Wilburton, Ely, CB6 has a total of 31 addresses. According to our analysis of all the public data, Flat 7, 11, Clarkes Lane, Ely is the 24th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £157k less expensive than the average property in CB6.
The closest station to Flat 7, 11, Clarkes Lane, Ely is Ely station which is 7.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 7, 11, Clarkes Lane, Ely, 51.9% of property is privately owned outright and 37.4% 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 Flat 7, 11, Clarkes Lane, Ely, 16.5% of residents are recorded as possessing school level qualifications and 41.8% 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 Flat 7, 11, Clarkes Lane, Ely, the average age was 43.6 and the most common age was 57.
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 Flat 7, 11, Clarkes Lane, Ely, 0.9% 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 Flat 7, 11, Clarkes Lane, Ely, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
