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Cambridgeshire

Ely
development finance.

Expert property development finance in Ely, Cambridgeshire. Median price £338,750, 894 annual sales. We connect developers with competitive funding from 100+ lenders.

Median price
£339k
Sales (12m)
894
YoY change
-0.4%
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 £338,750 and 894 transactions in the last twelve months, Ely represents a steady market with prices down 0.4% year-on-year.

Detached homes command a median of £475,000 while flats average £160,000, reflecting the breadth of Ely's residential market. New-build activity is notable, with 13 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
£338,750
Sales (12m)
894
YoY change
-0.4%
Approved (recent)
24
Pipeline units
1,907
Pipeline GDV
£647.5M

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)£1,300,000
Equity Required£743,600
Interest (18m)£146,250
Profit on Cost-8.7%
Senior Debt£1,300,000
Equity£743,600

Land Registry data

Recent property sales
in Ely.

894 residential transactions in the last twelve months. Median sold price £338,750 (-0.4% YoY). 13 new-build transactions with a +11.1% premium over existing stock.

Detached

£475,000

Semi-Detached

£300,000

Terraced

£280,000

Flat

£160,000

DateAddressTypePrice
26 Jun 202614, MONKSWOODCB6 1JDTerraced£210,000
24 Jun 202611, DOVEHOUSE CLOSECB7 4BYSemi-Detached£300,000
24 Jun 20264, MONTFORD CLOSECB25 0RFSemi-Detached£260,000
19 Jun 2026125, HIGH STREETCB8 9DGTerraced£345,000
19 Jun 202620, MEADOWSWEET WAYCB6 2SDSemi-Detached£375,000
19 Jun 2026126, HENLEY WAYCB7 4YJSemi-Detached£305,000
19 Jun 20262CB8 8PASemi-Detached£400,000
18 Jun 2026WYCHEWOOD, 1A, THE WYCHESCB6 3HGDetached£745,000
18 Jun 202652, COWSLIP DRIVECB6 3JDDetached£450,000
18 Jun 202612, WEST ENDCB6 3RESemi-Detached£365,000

Planning pipeline

Planning activity
in Ely.

26 approved (last 3 months)
·
101 pending
·1,570 units in pipeline·£531.0M estimated GDV·100% approval rate (last 3 months)

Recently Approved

RefProposalUnitsEst. GDVStatus
26/00586/FUL

Conversion of a barn into 1 dwelling and replacement of existing pitched roof of…

Land North East Of 86 Carter Street Fordham Cambridgeshire

1£160,000Pending
26/00578/FUL

Demolition of existing garage and erection of replacement garage

Mulberry House 17A Forehill Ely Cambridgeshire CB7 4AA

--Pending
26/00577/LBC

Removal of a stud partition wall between two bathrooms to create one ensuite. Re…

40 Hillrow Haddenham Ely Cambridgeshire CB6 3TJ

--Pending
26/00566/FUL

To replace old windows throughout whole premises and replace wooden rear patio d…

23 Victoria Street Ely Cambridgeshire CB7 4BL

--Pending
26/00562/FUL

To replace the existing septic tank with a new cesspit

Cosy Kennels & Cattery 52 Cambridge Road Stretham Ely Cambridgeshire CB6 3LW

--Pending

Current Applications

RefProposalUnitsEst. GDVStatus
26/00076/FUL

Conversion of existing outbuildings to habitable space and demolition of conserv…

126 High Street Sutton Ely Cambridgeshire CB6 2NW

--Pending
26/00833/FUL

Proposed first floor rear extension, roof alterations to existing flat roof, fen…

17 Clay Street Soham Cambridgeshire CB7 5HJ

--Pending
26/00835/FUL

Erection of two storey side extension and existing rear conservatory converted t…

17 West End Ely Cambridgeshire CB6 3AY

--Pending
26/00825/FUL

Proposed single and two storey rear extensions and partial demolition of the exi…

124 The Row Sutton Cambridgeshire CB6 2PB

--Pending
26/00829/FUL

Construction of a new four bedroom detached house with double garage and new veh…

Land Adjacent Kingfisher Drive Soham Cambridgeshire CB7 5GP

--Pending

Source: HM Land Registry price paid data, 12 months to August 2026 · East Cambridgeshire District Council planning register, retrieved August 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 £338,750, based on Land Registry transactions over the past 12 months. Broken down by type: detached homes at £475,000, semi-detached properties at £300,000, terraced houses at £280,000, flats at £160,000.
Is Ely a good area for property development?
Ely recorded 894 property transactions in the last 12 months, with prices adjusting 0.4% 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.