Ely House Prices Ely House Prices

The average house price in Ely is £307,038 using HM Land Registry data.

The average property price increased by £43,729 (12.42%) over the last 5 years and increased by £8,740 (2.26%) over the last 12 months.

Over the last year, there were 234 residential property sales – a decrease of 88 transactions (-37.61%) relative to the previous year. The majority of house sales (53) were in the £274,000 - £338,000 range. Then came properties in the £338,000 - £402,000 range, where 51 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 60 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,367 (-2%).

In May 2025, there were 44 new estate agency instructions, 37 agreed home sales and 14 property price reductions.

5-Year Average Property Prices in Ely

12.42%

Property prices in Ely increased by 12.42% 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 Ely Over the Last Year

2.26%

Property prices in Ely increased by 2.26% 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 Ely - May 2025

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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 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 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 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 Ely since 1995

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

Recent Property Sales in Ely

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Deacons Lane, Ely, Cambridgeshire, CB7 4PS£350,000£327,000-£23,00009 Jul 202421 Feb 2025227 Days
92 Stour Green, Ely, Cambridgeshire, CB6 2XH£300,000£300,000£001 Oct 202413 Feb 2025135 Days
11 Darwin Close, Ely, Cambridgeshire, CB6 3WY£435,000£430,000-£5,00017 Sep 202406 Feb 2025142 Days
31 Tennyson Place, Ely, Cambridgeshire, CB6 3WF£435,000£435,000£016 Oct 202406 Feb 2025113 Days
22a, Downham Road, Ely, Cambridgeshire, CB6 1AF£147,500£145,000-£2,50025 Mar 202431 Jan 2025312 Days
48 Barton Road, Ely, Cambridgeshire, CB7 4HZ£285,000£285,000£011 Oct 202429 Jan 2025110 Days
23 Old Brewery Close, Ely, Cambridgeshire, CB7 4QE£395,000£385,000-£10,00006 Sep 202424 Jan 2025140 Days
29 Stour Green, Ely, Cambridgeshire, CB6 2WR£600,000£580,000-£20,00012 Jun 202416 Jan 2025218 Days
30 Longchamp Drive, Ely, Cambridgeshire, CB7 4QS£225,000£222,500-£2,50015 Aug 202413 Jan 2025151 Days
132 Kings Avenue, Ely, Cambridgeshire, CB7 4QW£175,000£173,000-£2,00001 Feb 202410 Jan 2025344 Days
10 Dovehouse Close, Ely, Cambridgeshire, CB7 4BY£550,000£525,000-£25,00013 Aug 202419 Dec 2024128 Days
20 Dalton Way, Ely, Cambridgeshire, CB6 1DS£395,000£390,000-£5,00001 Jul 202416 Dec 2024168 Days
43 Gunning Road, Ely, Cambridgeshire, CB7 4RT£365,000£363,000-£2,00024 Apr 202406 Dec 2024226 Days
12 Goodwin Grove, Ely, Cambridgeshire, CB6 1TD£450,000£437,500-£12,50002 Jul 202404 Dec 2024155 Days
14 Annesdale, Ely, Cambridgeshire, CB7 4BN£390,000£265,000-£125,00010 Jun 202203 Dec 2024907 Days
53 Gateway Gardens, Ely, Cambridgeshire, CB6 3DE£445,000£445,000£008 May 202429 Nov 2024205 Days
10 Althorpe Court, Ely, Cambridgeshire, CB6 3DH£285,000£279,500-£5,50005 Aug 202429 Nov 2024116 Days
79 Cambridge Road, Ely, Cambridgeshire, CB7 4HX£425,000£417,500-£7,50029 Jun 202422 Nov 2024146 Days
17 Hertford Close, Ely, Cambridgeshire, CB6 3QS£525,000£520,000-£5,00007 May 202419 Nov 2024196 Days
26 Briar Grove, Ely, Cambridgeshire, CB6 3EU£365,000£350,000-£15,00018 Jun 202415 Nov 2024150 Days

Most Expensive Streets in Ely

PostcodeStreetAreaAverageNo. of Sales
CB7 4JGChurch LaneEly£745,0003
CB7 4HXCambridge RoadEly£709,8128
CB6 1AEEgremont StreetEly£708,9836
CB6 3WQCollier CloseEly£665,0003
CB6 3DYDownham RoadEly£664,0003
CB7 4AUWatersideEly£661,2908
CB6 1DJLynton CloseEly£635,2504
CB7 4DABack HillEly£606,6663
CB6 1DALynn RoadEly£600,0624
CB7 4HLCambridge RoadEly£591,2504

Least Expensive Streets in Ely

PostcodeStreetAreaAverageNo. of Sales
CB7 4GDClaywayEly£97,1427
CB6 1QXSheriffs GardensEly£150,0004
CB7 4PQNewnham StreetEly£152,0005
CB6 3EYPasture GroveEly£154,0505
CB7 4TRHolly WalkEly£156,9916
CB7 4JSRoswell ViewEly£169,1663
CB7 4SDPage CourtEly£171,6663
CB7 4RLRamsey RoadEly£173,2498
CB6 3AJAbbots WayEly£175,6005
CB7 4SFLarkfield RoadEly£177,5005

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