David Clark & Company says ..
A rare opportunity to acquire a 2 bedroom semi-detached cottage situated on the south side of Silver Street, which is widely recognised as one of the best residential streets in Ely. While the property has been well maintained over the years, it would benefit from general updating, providing pros...
Property Oracle says ..
This two-bedroom, two-bathroom property located on Silver Street in Ely, Cambridgeshire, presents a mixed bag of opportunities and challenges for potential buyers. The property’s location in Ely is a significant advantage, offering easy access to the city centre, amenities, and transport links to Cambridge and London. The proximity to several schools, including King’s Ely, adds to its family-friendly appeal. However, the lack of detailed information regarding the surrounding environment limits a more comprehensive assessment of its locational desirability.
In terms of condition, the property appears structurally sound but requires modernisation. The interior images show dated features and cosmetic work that needs attention. The kitchen and bathrooms, while functional, would benefit from upgrades to enhance their appeal and value. The property’s overall condition is acceptable but not exceptional.
The property includes a rear garden, a desirable feature in a city setting. However, based on the provided images, the garden appears relatively small and may require landscaping to reach its full potential.
The list price of £347,000 needs to be considered in the context of the local market. While the price seems reasonable given the property’s location and size, the need for renovation and the modest garden size should be factored into the overall value assessment. The lack of square footage information for comparable properties makes precise price-per-square-foot comparisons challenging. However, the price is within a range that seems competitive for the area, given the need for some work.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Sqft (est)
- 920.31
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 384,313.00 £Decreased by 6.47 %
- Est sale value
- 434,386.32 £Increased by 21.03 %
- Average area rental value
- 1,188.00 £/moIncreased by 2.06 %
- Est letting value
- 920.31 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.71 %Increased by 9.12 %
- Crime Rate
- 13.00 %Unchanged by 0.00 %
Agent Activity
David Clark & Company marked this listing as sold.
David Clark & Company created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| King'S Ely | Other Independent School | 0.36 KM | |
| Active Learning Trust Linc 19 - 25 | Special Post 16 Institution | 0.72 KM | |
| Highfield Ely Academy | Academy Special Converter | Good | 0.72 KM |
| Ely College | Academy Converter | Good | 0.98 KM |
| Lantern Community Primary School | Academy Converter | 1.07 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Chantry Lane | £ 0 | 0 | 0.00 KM |
| Steeple Row | £ 0 | 0 | 0.00 KM |
| Robins Close | £ 356,667 | 0 | 0.00 KM |
| Bishop Wynn Close | £ 0 | 0 | 0.00 KM |
| Angel Square | £ 260,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Ely | 7068 | ELY | 1.18 KM |
| Littleport | 7072 | LTP | 9.63 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| St Marys Street, Ely, Cambridgeshire, CB7 | £ 895,000 | BUY | 7 / 10 | 0.12 KM |
| St Marys Street, Ely, CB7 | £ 784,000 | BUY | 6 / 10 | 0.13 KM |
| Church Lane, Central Ely, Cambridgeshire | £ 259,950 | BUY | 5 / 10 | 0.21 KM |
| Silver Street, Ely | £ 280,000 | BUY | 5 / 10 | 0.22 KM |
| Silver Street, Ely | £ 240,000 | BUY | 5 / 10 | 0.23 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 63 Silver Street | £ 272,500 | 0.02 KM |
| 61 Silver Street | £ 212,500 | 0.02 KM |
| 57 Silver Street | £ 187,000 | 0.02 KM |
| 35 St Marys Street | £ 843,593 | 0.07 KM |
| 33 St Marys Street | £ 170,000 | 0.07 KM |