118, MORLEY DRIVE, ELY, CB6 3FQ - £75,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

118 MORLEY DRIVE is a small flat of 51m², built sometime between 2007 and 2011, which could now be worth an estimated £77,434. It was last sold for £75,000 in September 2019, which was around 54% below the average September 2019 flat price in the East Cambridgeshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was C.

118 MORLEY DRIVE Sold Prices

Land registry data shows one sale for 118 MORLEY DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the East Cambridgeshire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 3 SEP	£75,000	£161,851	54% below HPI

What might 118 MORLEY DRIVE be worth now?

118 MORLEY DRIVE might now be worth an estimated £77,434.

This is based on house price inflation of 3.2%, between September 2019 and April 2026, for flats, in the East Cambridgeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.2% inflationary increase is applied to the most recent sale price for 118 MORLEY DRIVE of £75,000 on 3rd September 2019. For the value to have increased from £75,000 to £77,434 over the seven years and five months to April 2026, the following assumptions must hold true:

• The value of 118 MORLEY DRIVE has moved in line with the HPI for flats in the East Cambridgeshire local authority area.
• The September 2019 sale price of £75,000 represented a fair market value for the property.
• The size, condition, and specification of 118 MORLEY DRIVE has not materially changed since September 2019.

How Large is 118 MORLEY DRIVE?

118 MORLEY DRIVE is 51m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% of flats in Ely, based on EPC data. 25% of flats are smaller than 118 MORLEY DRIVE, and 71% of flats are larger. Note that EPC data is not available for all properties in Ely.

118 MORLEY DRIVE: Plot

118 MORLEY DRIVE sits on a plot of roughly 0.275 of an acre, or 1,111m².

Where is 118 MORLEY DRIVE?

118 MORLEY DRIVE is located in ELY, in the CB6 postcode district.