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Ely, Cambridgeshire
Bridging Finance
in Ely
Expert bridging finance for property developers in Ely. We connect you with competitive funding from our panel of 100+ lenders.
Ely, Cambridgeshire
Bridging Finance
in Ely.
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
- £338,000
- Sales (12m)
- 878
- YoY change
- -0.6%
- Approved (recent)
- 109
- Pipeline units
- 4,099
- Pipeline GDV
- £1389.0M
Planning pipeline
Planning activity
in Ely.
20 approved (last 3 months)
·95 pending
·1,398 units in pipeline·£471.6M estimated GDV·100% approval rate (last 3 months)Recently Approved
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| 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 | £158,000 | Pending | 29/05/2026 |
| 26/00585/FUL | Replacement windows & doors, replacement roof covering and internal & external a… 42 Silver Street Ely Cambridgeshire CB7 4JF | - | - | Pending | 29/05/2026 |
| 26/00578/FUL | Demolition of existing garage and erection of replacement garage Mulberry House 17A Forehill Ely Cambridgeshire CB7 4AA | - | - | Pending | 28/05/2026 |
| 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 | 28/05/2026 |
| 26/00566/FUL | To replace old windows throughout whole premises and replace wooden rear patio d… 23 Victoria Street Ely Cambridgeshire CB7 4BL | - | - | Pending | 27/05/2026 |
Current Applications
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| 20/01238/DISO | To discharge Condition 41 (Method statement) of decision 20/01238/FUM dated 25th… Land To North Of Saxon Business Park Woodfen Road Littleport Cambridgeshire | 180 | £60.8M | Pending | 12/08/2026 |
| 26/00855/FUL | Proposed erection of pair of semi detached replacement cottages and associated w… 26 Main Street Coveney Cambridgeshire CB6 2DJ | - | - | Pending | 12/08/2026 |
| 26/00850/FUL | Replacement single storey rear extension, single storey side/rear extension, can… Bartingdale 2 Lynton Close Ely Cambridgeshire CB6 1DJ | - | - | Pending | 10/08/2026 |
| 26/00851/FUL | Change of use of ancillary outbuilding from utility/shower room to hair salon Elricka 95 Carter Street Fordham Ely Cambridgeshire CB7 5JU | - | - | Pending | 10/08/2026 |
| 26/00839/FUL | Single storey side extension including change of use of a 5.4m wide strip of lan… New Bungalow 4 Third Drove Little Downham Cambridgeshire CB6 2UE | 1 | £338,000 | Pending | 06/08/2026 |
Deal intelligence
Key schemes
in Ely.
Indicative appraisals of the largest residential schemes in the Ely planning pipeline (all currently awaiting decision). These 3 schemes represent an estimated £276.2M in combined GDV across 747 units, with indicative capital stacks for each.
Major Residential Development Awaiting decision
Phase 3, Millstone Park Land Adjacent To Melton Farm Newmarket Road Burwell
£129.4M
Estimated GDV
Units
350
GDV / Unit
£370k
Build Cost (Range)
£50.0M–£63.1M
Residual Land Value
£18.6M
GDV estimated from the HM Land Registry blended median of £338,000 plus a 9.4% new-build premium (measured locally). At benchmark build costs, the implied residual land value is £18,631,000 (£53k/unit) after a 17.5% developer profit target. Calculate GDV
| Gross Development Value | £129.4M |
| Construction (23,800 sqm @ £2,380/sqm mid) | −£56.6M |
| Externals, fees & contingency | −£16.6M |
| Finance (65% LTGDV, 24m) & sales costs | −£14.9M |
| Developer profit target (17.5% on GDV) | −£22.6M |
| Implied residual land value | £18.6M |
Broker insight: A scheme of this scale would typically attract competitive senior development finance at 60-65% LTGDV with mezzanine stretching to 85% LTGDV. Phased drawdowns reduce interest costs. Consider development exit finance to manage sales at your pace.
Major Residential Development Awaiting decision
Phase 2B Orchards Green Land North Of Cam Drive Ely Cambridgeshire
£74.0M
Estimated GDV
Units
200
GDV / Unit
£370k
Build Cost (Range)
£28.6M–£36.0M
Residual Land Value
£10.6M
GDV estimated from the HM Land Registry blended median of £338,000 plus a 9.4% new-build premium (measured locally). At benchmark build costs, the implied residual land value is £10,647,000 (£53k/unit) after a 17.5% developer profit target. Calculate GDV
| Gross Development Value | £74.0M |
| Construction (13,600 sqm @ £2,380/sqm mid) | −£32.4M |
| Externals, fees & contingency | −£9.5M |
| Finance (65% LTGDV, 24m) & sales costs | −£8.5M |
| Developer profit target (17.5% on GDV) | −£12.9M |
| Implied residual land value | £10.6M |
Broker insight: A scheme of this scale would typically attract competitive senior development finance at 60-65% LTGDV with mezzanine stretching to 85% LTGDV. Phased drawdowns reduce interest costs. Consider development exit finance to manage sales at your pace.
Major Residential Development Awaiting decision
Land To North Of Saxon Business Park Woodfen Road Littleport Cambridgeshire
£72.8M
Estimated GDV
Units
197
GDV / Unit
£370k
Build Cost (Range)
£28.1M–£35.5M
Residual Land Value
£10.5M
GDV estimated from the HM Land Registry blended median of £338,000 plus a 9.4% new-build premium (measured locally). At benchmark build costs, the implied residual land value is £10,488,000 (£53k/unit) after a 17.5% developer profit target. Calculate GDV
| Gross Development Value | £72.8M |
| Construction (13,396 sqm @ £2,380/sqm mid) | −£31.9M |
| Externals, fees & contingency | −£9.4M |
| Finance (65% LTGDV, 24m) & sales costs | −£8.4M |
| Developer profit target (17.5% on GDV) | −£12.7M |
| Implied residual land value | £10.5M |
Broker insight: A scheme of this scale would typically attract competitive senior development finance at 60-65% LTGDV with mezzanine stretching to 85% LTGDV. Phased drawdowns reduce interest costs. Consider development exit finance to manage sales at your pace.
Appraisal assumptions
- GDV: HM Land Registry blended median of £338,000 plus a 9.4% new-build premium (measured locally).
- Build cost: £2,100-£2,650/sqm (new build, indicative range informed by BCIS regional tender-price data, 2025/26) × 68 sqm/unit (NDSS-derived).
- On-costs: externals 12.5%, professional fees 10%, contingency 5%, sales & legals 3.5000000000000004% of GDV. Excludes CIL/Section 106, which vary by charging schedule and scheme.
- Finance: senior facility at 65% LTGDV, 8.5% pa on an average 57.49999999999999% drawdown over 24 months, plus 2.5% arrangement and exit fees.
- Residual land value assumes the industry-standard 17.5% developer profit-on-GDV target. Indicative appraisal, not a valuation or lending offer.
Land Registry data
Recent property sales
in Ely.
878 residential transactions in the last twelve months. Median sold price £338,000 (-0.6% YoY). 12 new-build transactions with a +9.4% premium over existing stock.
Detached
£475,000
Semi-Detached
£300,000
Terraced
£280,000
Flat
£158,000
| Date | Address | Type | Price | Tenure |
|---|---|---|---|---|
| 26 Jun 2026 | 14, MONKSWOODCB6 1JD | Terraced | £210,000 | Freehold |
| 24 Jun 2026 | 11, DOVEHOUSE CLOSECB7 4BY | Semi-Detached | £300,000 | Freehold |
| 24 Jun 2026 | 4, MONTFORD CLOSECB25 0RF | Semi-Detached | £260,000 | Freehold |
| 19 Jun 2026 | 125, HIGH STREETCB8 9DG | Terraced | £345,000 | Freehold |
| 19 Jun 2026 | 20, MEADOWSWEET WAYCB6 2SD | Semi-Detached | £375,000 | Freehold |
| 19 Jun 2026 | 126, HENLEY WAYCB7 4YJ | Semi-Detached | £305,000 | Freehold |
| 19 Jun 2026 | 2CB8 8PA | Semi-Detached | £400,000 | Freehold |
| 18 Jun 2026 | WYCHEWOOD, 1A, THE WYCHESCB6 3HG | Detached | £745,000 | Freehold |
| 18 Jun 2026 | 52, COWSLIP DRIVECB6 3JD | Detached | £450,000 | Freehold |
| 18 Jun 2026 | 12, WEST ENDCB6 3RE | Semi-Detached | £365,000 | Freehold |
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.
Indicative terms
Bridging Finance rates
for Ely deals.
Typical pricing for bridging finance in Ely. Actual terms depend on GDV, leverage, location and your experience — the numbers below are where most structured deals land.
Interest Rate
From 6.5% p.a.
Loan to Value
Up to 70% LTGDV
Typical Term
12-24 months
Arrangement Fee
1-2% of facility
Indicative only, subject to individual assessment. Actual terms issued against a completed Deal Room submission.
Representative deal
Example bridging finance
structure.
Illustrative 9-Unit Scheme, Ely
An indicative appraisal for a nine-unit residential scheme priced at Ely's own HM Land Registry medians with the locally measured new-build premium applied. Build costs use the regional £/sqm benchmark; every figure updates with the underlying market data.
GDV
£2,954,000
Loan Amount
£1,920,000
LTV
65% LTGDV
Loan Type
Bridging Finance
Representative only. Actual terms vary based on scheme specifics and are issued after underwriting.
Common questions
Bridging Finance in Ely
— answered.
How active is the development pipeline in Ely?
The East Cambridgeshire District Council planning register currently shows 95 residential applications awaiting decision in Ely, together proposing 1,396 units — the largest single scheme proposes 350 units. An active pipeline signals both developer confidence in local demand and lender familiarity with the market, which typically translates into more competitive finance terms.
Market intelligence
Local market
reports.
5 min read
Ely Property Market: House Prices, Sold Data & Development Finance, End of H1 2026
Median price £340,000, 898 sales, 0% YoY. Cambridgeshire county.
5 min read
Cambridgeshire Property Market: Prices, Trends & Development Finance, End of H1 2026
8 towns analysed. Median price £302,750, 6,468 transactions, -2.2% YoY.
Ready when you are
Tell us the deal.
We’ll recommend the structure.
Submit your Bridging 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.
Where we fund
Ely,
Cambridgeshire.
Adjacent products
Other services
in Ely.
Development Finance
From 6.5% p.a. · Up to 65-70% LTGDV
Mezzanine Finance
From 12% p.a. · Up to 85-90% LTGDV
Bridging Loans
From 0.55% p.m. · Up to 75% LTV
Equity & Joint Ventures
Profit share from 40% · Up to 100% of costs
Refurbishment Finance
From 0.65% p.m. · Up to 75% LTV
Commercial Mortgages
From 5.5% p.a. · Up to 75% LTV
Development Exit Finance
From 0.55% p.m. · Up to 75% LTV
Nearby markets