House prices in CB6 3 (Ely)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CB6 3' (Ely, Littleport) - statistics were last calculated on 30 June 2024.


Defining 'CB6 3'

This analysis is limited to properties whose postcode starts with "CB6 3", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Ely.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Ely is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 8, High Street, Ely, Littleport, sold for £310,500 on Apr-2024. Given the internal area of 113 square metres, the price per sqm is £2,747.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 257 sales in Ely (CB6 3) that took place in the last two years.

Distribution of £ per sqm for Ely, Littleport
Distribution of £ per sqm house prices in Ely

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Ely (CB6 3). Of the 257 transactions, half were sold for between £3,170 and £4,150 per square metre. The median, or 'middle', price per square metre in 'CB6 3' is £3,660. Notably, only 25% of properties that sold recently were valued at more than £4,150 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Ely, Littleport

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Littleport. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Ely
House price heatmap for Ely, Littleport

Comparison with neighbouring postcode sectors

The table below shows how 'CB6 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CB6 1 Littleport £2,830 sqm £3,230 sqm £3,970 sqm
CB6 3 Ely £3,170 sqm £3,660 sqm £4,150 sqm
CB6 2 Sutton £3,050 sqm £3,380 sqm £3,800 sqm

Will Littleport house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for CB6 3 (Ely) compared with both the wider area CB6 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Ely,Littleport
House price trends for Ely

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent CB6 3 sales
Recent trends for Ely

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Littleport to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Littleport and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqm Recent sales
Beresford Road, Ely, CB6 3W 102 sqm £3,758 25
Columbine Road, Ely, CB6 3W 89 sqm £3,843 23
St Johns Road, Ely, CB6 3B 78 sqm £3,623 19
Tennyson Place, Ely, CB6 3W 96 sqm £3,969 16
High Street, Ely, CB6 3X 134 sqm £2,956 15
Merlin Drive, Ely, CB6 3E 103 sqm £3,901 13
Brooke Grove, Ely, CB6 3W 94 sqm £3,715 13
Morley Drive, Ely, CB6 3F 78 sqm £3,474 12

Search for your street here.

Raw data

Our analysis of Ely is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
8, High St, Ely, Littleport £310,500
Apr-2024
113 2,747
5, Meadowbrook, Ely, Littleport £565,000
Apr-2024
173 3,265
1b, Pump Lane, Ely, Littleport £535,000
Apr-2024
152 3,519

See the entire list of all sales in Ely (CB6 3) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.