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Cambridgeshire

Ely
development finance.

Expert property development finance in Ely, Cambridgeshire. Median price £335,000, 1,322 annual sales. We connect developers with competitive funding from 100+ lenders.

Median price
£335k
Sales (12m)
1,322
YoY change
-1.5%
Cambridge University college and grounds

Ely, Cambridgeshire

Property finance
in Ely.

Ely - cathedral city with premium values, Cambridge commuter demand, and heritage character. With a median property price of £335,000 and 1,322 transactions in the last twelve months, Ely represents a healthy market with prices down 1.5% year-on-year.

Detached homes command a median of £451,250 while flats average £160,000, reflecting the breadth of Ely's residential market. New-build activity is notable, with 57 new-build transactions recorded over the past year - a signal of active development demand.

Whether you need development finance for a ground-up scheme, bridging finance to secure a site at auction, or mezzanine finance to stretch your capital stack, our brokers arrange the full range of property finance across Ely and the wider Cambridgeshire area. Each deal is structured around your specific project, with terms negotiated from our panel of over 100 lenders.

Live market data

Ely
market snapshot.

HM Land Registry sold-price data for Ely over the last twelve months, alongside the live local planning pipeline. Updated weekly.

Median price
£335,000
Sales (12m)
1,322
YoY change
-1.5%
Approved (recent)
329
Pipeline units
1,414
Pipeline GDV
£471.7M

Ely development appraisal

Model the numbers
for your scheme.

Pre-populated with Ely median prices and typical senior-debt pricing. Adjust the inputs to match your deal and we will hand the working assumptions through to the Deal Room.

Scheme Inputs

Pre-populated with Ely median prices. Adjust to match your scheme.

£
£
£
%

Build cost pre-filled at £2,380/sqm (regional benchmark) for a 6-unit scheme. Assumes 10% professional fees, 10% contingency, 65% LTGDV senior debt, 18-month term. Full calculator →

Capital Structure

Total Cost£2,043,600
Senior Debt (65% LTGDV)£1,266,850
Equity Required£776,750
Interest (18m)£142,521
Profit on Cost-10.8%
Senior Debt£1,266,850
Equity£776,750

Land Registry data

Recent property sales
in Ely.

1,322 residential transactions in the last twelve months. Median sold price £335,000 (-1.5% YoY). 57 new-build transactions with a +8.3% premium over existing stock.

Detached

£451,250

Semi-Detached

£300,000

Terraced

£272,500

Flat

£160,000

DateAddressTypePrice
24 Jul 202615, DUCHESS DRIVECB8 8AGSemi-Detached£404,000
23 Jul 2026194, COLUMBINE ROADCB6 3WPTerraced£285,000
23 Jul 202612, LONGCHAMP DRIVECB7 4QSDetached£535,000
23 Jul 20264, BEALD WAYCB6 3DADetached£507,500
23 Jul 202661, LUMLEY CLOSECB7 4FFTerraced£240,000
22 Jul 202619, MAIN STREETCB6 2EDSemi-Detached£207,500
21 Jul 202619A, THE BROOKCB6 2PUTerraced£272,500
21 Jul 2026167, CARTER STREETCB7 5JUSemi-Detached£295,000
20 Jul 202612, BURGHLEY RISECB25 0RSDetached£485,000
20 Jul 202625, THE CAUSEWAYCB25 0DUDetached£485,000

Planning pipeline

Planning activity
in Ely.

329 approved (last 12 months)
·
104 pending
·1,414 units in pipeline·£471.7M estimated GDV·92% approval rate (last 12 months)

Recently Approved

RefProposalUnitsEst. GDVStatus
25/01061/FUL

Proposed 2 bay carport

24 Lode Way Haddenham Ely Cambridgeshire CB6 3UL

--Pending
25/01050/LBC

Window repairs and refurbishment and installation of double glazing

Hambleton House 16 Vicarage Lane Woodditton Newmarket Suffolk CB8 9SG

--Pending
25/01192/FUL

Rear extension, internal alterations and partial garage conversion

5 Mill Lane Fordham Ely Cambridgeshire CB7 5NH

--Pending
25/01185/FUL

New Rural workers dwelling (HOU5) and conversion of existing house to staff and …

Brook Farm Dullingham Ley Dullingham Newmarket Suffolk CB8 9XG

1£335,000Pending
25/01178/FUL

Change of Use to allow siting of two (11.6m x 5.5m) mobile homes for site living…

Land West Of 69 Aldreth Road Haddenham Cambridgeshire

--Pending

Current Applications

RefProposalUnitsEst. GDVStatus
26/01014/FUL

Change of use from one flat to two flats

36 High Street Soham Ely Cambridgeshire CB7 5HE

1£160,000Pending
26/01011/LBC

Retention of plyboard sheets in the attic to enable ease of access for use for a…

The School House 16A High Street Chippenham Cambridgeshire CB7 5PR

--Pending
25/00362/BNGD

To discharge the Biodiversity Net Gain Condition in relation to decision dated 7…

Old Salt Depot 38 Brinkley Road Dullingham Cambridgeshire CB8 9UW

5£1.7MPending
26/00976/FUL

Erection of detached surgery building providing four consulting rooms, ancillary…

St Marys Surgery 37 St Marys Street Ely Cambridgeshire CB7 4HF

--Pending
26/00984/FUL

Regularise parking arrangements for 6 & 8A Fordham Road Soham which alter from o…

Briarwood 6 Fordham Road Soham Ely Cambridgeshire CB7 5AQ

--Pending

Source: HM Land Registry price paid data, 12 months to September 2026 · East Cambridgeshire District Council planning register, retrieved September 2026. Contains HM Land Registry data © Crown copyright and database right, licensed under the Open Government Licence v3.0.

Common questions

Property finance in Ely
— answered.

What is the average property price in Ely?
The median property price in Ely is £335,000, based on Land Registry transactions over the past 12 months. Broken down by type: detached homes at £451,250, semi-detached properties at £300,000, terraced houses at £272,500, flats at £160,000.
Is Ely a good area for property development?
Ely recorded 1,322 property transactions in the last 12 months, with prices adjusting 1.5% year-on-year - creating potential value opportunities for developers. Cathedral city with premium values, Cambridge commuter demand, and heritage character. Active transaction volumes indicate a liquid market where completed developments can achieve timely sales.
What types of property finance are available in Ely?
We arrange the full range of property development finance in Ely: development finance for ground-up schemes, bridging loans for auction purchases and chain breaks, mezzanine finance to stretch your capital stack, refurbishment finance for conversion projects, commercial mortgages for income-producing assets, equity and joint ventures for larger schemes, and development exit finance for completed projects awaiting sales.
How do I apply for development finance in Ely?
Start by submitting your deal through our Deal Room with your project details - site address, purchase price, build costs, and expected end value. Our team will review your scheme, model the funding structure, and present you with terms from our panel of over 100 lenders within 48 hours. There's no upfront fee and no obligation until you choose to proceed.
What are typical development finance rates in Ely?
Development finance rates for Ely projects typically range from 7-11% per annum, depending on scheme size, developer experience, and leverage. For a scheme with a GDV of around £1.8M, you could expect senior debt at 60-70% of GDV with rates from 7.5%. Arrangement fees are usually 1-2% of the facility. We negotiate the best available terms from our lender panel for each deal.

Where we fund

Ely,
Cambridgeshire.

Ready when you are

Tell us the deal.
We’ll recommend the structure.

Submit your development finance enquiry in Ely and a partner will come back with an initial structure and indicative terms within one working day. No forms-for-forms’-sake — a short note on the scheme is enough.