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House Prices in CB7 House Prices in CB7 (Ely)

The average house price in CB7 (Ely) is £375,497 using HM Land Registry data.

The average property price increased by £39,937 (24.89%) over the last 5 years and increased by £8,002 (3.78%) over the last 12 months.

Over the last year, there were 250 residential property sales – a decrease of 220 transactions (-88.00%) relative to the previous year. The majority of house sales (62) were in the £256,000 - £322,000 range. Then came properties in the £322,000 - £388,000 range, where 47 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 117 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,827 (-2%).

In Dec 24, there were 27 new estate agency instructions, 33 agreed home sales and 24 property price reductions.

Nearby Postcodes: CB1, CB21, CB24, CB25, CB5, CB6, CB8, CB9, CO10, IP24, IP26, IP27, IP28, IP29, IP31, IP32, IP33, PE14, PE15, PE16, PE28, PE33, PE34, PE38

5-Year Average Property Prices in CB7 (Ely)

24.89%

Property prices in Ely increased by 24.89% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in CB7 (Ely) Over the Last Year

3.78%

Property prices in Ely increased by 3.78% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for CB7 (Ely) - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in CB7 (Ely)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in CB7 (Ely)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in CB7 (Ely)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the CB7 (Ely) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CB7 postcode area since 1995.

Recent Sales in CB7 (Ely)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
26 Cornmills Road, Soham, Ely, Cambridgeshire, CB7 5AT£215,000£210,000-£5,00008 Aug 202422 Nov 2024106 Days
79 Cambridge Road, Ely, Cambridgeshire, CB7 4HX£425,000£417,500-£7,50029 Jun 202422 Nov 2024146 Days
19 Thorn Close, Soham, Ely, Cambridgeshire, CB7 5EH£435,000£210,000-£225,00018 Jul 202315 Nov 2024486 Days
9 Blackthorn Court, Soham, Ely, Cambridgeshire, CB7 5DT£180,000£174,000-£6,00015 Jul 202413 Nov 2024121 Days
7 Low Road, Queen Adelaide, Ely, Cambridgeshire, CB7 4UQ£425,000£412,000-£13,00001 Mar 202411 Nov 2024255 Days
2 Vineyard Way, Ely, Cambridgeshire, CB7 4QQ£525,000£520,000-£5,00001 Jun 202408 Nov 2024160 Days
16 Jubilee Close, Isleham, Ely, Cambridgeshire, CB7 5RW£240,000£225,000-£15,00024 May 202430 Oct 2024159 Days
104 Beck Road, Isleham, Ely, Cambridgeshire, CB7 5QP£430,000£400,000-£30,00002 Jan 202425 Oct 2024297 Days
6 Staploe Mews, Soham, Ely, Cambridgeshire, CB7 5JW£90,000£82,000-£8,00006 Dec 202325 Oct 2024324 Days
Bridge Farm, Padnal Bank, Prickwillow, Ely, Cambridgeshire, CB7 4UP£525,000£525,000£0017 Jun 202423 Oct 2024128 Days
11 Lisle Lane, Ely, Cambridgeshire, CB7 4AS£350,000£330,000-£20,00017 May 202423 Oct 2024159 Days
2 Campion Close, Soham, Ely, Cambridgeshire, CB7 5FX£210,000£190,000-£20,00027 Mar 202418 Oct 2024205 Days
13 Kingdon Avenue, Prickwillow, Ely, Cambridgeshire, CB7 4UL£305,000£302,500-£2,50006 Feb 202414 Aug 2024190 Days
9 Bowers Lane, Isleham, Ely, Cambridgeshire, CB7 5SS£270,000£262,500-£7,50007 Mar 202408 Aug 2024154 Days
33 Henley Way, Ely, Cambridgeshire, CB7 4YH£369,950£369,950£0011 Mar 202408 Aug 2024150 Days
7 Cardinals Way, Ely, Cambridgeshire, CB7 4GF£435,000£430,400-£4,60007 May 202426 Jul 202480 Days
26 Nutholt Lane, Ely, Cambridgeshire, CB7 4PL£275,000£270,000-£5,00007 Mar 202423 Jul 2024138 Days
171 New Barns Avenue, Ely, Cambridgeshire, CB7 4RE£230,000£230,000£0003 Jan 202418 Jul 2024197 Days
1 Carey Close, Ely, Cambridgeshire, CB7 4QX£360,000£345,000-£15,00025 Jan 202408 Jul 2024165 Days
46 Tharp Way, Chippenham, Ely, Cambridgeshire, CB7 5QG£270,000£268,000-£2,00022 Feb 202404 Jul 2024133 Days

Most Expensive Streets in CB7 (Ely)

PostcodeStreetAreaAverageNo. of Sales
CB7 5XHStretham Road, WickenEly£763,3333
CB7 5TNLower Road, StuntneyEly£753,3333
CB7 5UBBarwayEly£751,6663
CB7 4HXCambridge RoadEly£751,5717
CB7 4JGChurch LaneEly£745,0003
CB7 5URArthurs Way, FordhamEly£735,0004
CB7 5XDVictoria Mews, FordhamEly£686,6666
CB7 4JNHoughton GardensEly£674,2253
CB7 5YLBack Lane, WickenEly£616,3333
CB7 4AUWatersideEly£610,03210

Least Expensive Streets in CB7 (Ely)

PostcodeStreetAreaAverageNo. of Sales
CB7 4GDClaywayEly£103,0005
CB7 5FLCedar Court, SohamEly£133,7506
CB7 5ZGMarket Street Mews, SohamEly£144,1663
CB7 4PQNewnham StreetEly£152,0005
CB7 5HZBrook Dam Lane, SohamEly£159,2504
CB7 5YYPrimrose Lane, SohamEly£165,7504
CB7 4TRHolly WalkEly£167,4874
CB7 4JSRoswell ViewEly£169,1663
CB7 4SDPage CourtEly£171,6663
CB7 4RLRamsey RoadEly£173,2498

Explore CB7 (Ely) using map

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