Average Price for property in Morley Drive, Ely, CB6 is around £201,499 which varies based on type of property you are interested in and ranges from £288,171 for detached house to around £219,010 for semi-detached. Similarly terraced house is around £213,233 and a flat is worth £83,990. Values have been changing and have risen £686 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,187 in last 6 months, £16,150 in last 1 year, £25,442 in last 2 years, £29,291 in last 3 years, £33,260 in last 4 years and £33,750 in last 5 years.
Currently average asking price of a property in Morley Drive, Ely, CB6 is around £276,461 based on approximately 6 properties for sale. Same is the case with rental options based on 47 properties up for rent, average asking rent is around £1,147 per month.
Estimated property value in Morley Drive, Ely, CB6 is £201,499. Average asking price is £276,461 while average price paid is £156,250 which is up by £16,150 and Avg. asking rent £1,147.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Morley Drive, Ely, CB6 area. In last 1 year alone average price buyer paid is around £156,250 based on approximately 6 sales in Morley Drive, Ely, CB6 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £161,204. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £157,278 for 16 and average amount paid for purchase of approx. 48 properties sold in last 7 years comes to about £163,717 per sale.