# Property Market Summary: CB7 4GQ
The CB7 4GQ postcode falls within the Ely area of Cambridgeshire, a historic cathedral city located approximately 15 miles north of Cambridge. This postcode district represents a relatively modest segment of the local property market, with 80 properties recorded and an average price of £198,952. This price point sits notably below the wider Cambridgeshire average, making this area particularly attractive for first-time buyers and those seeking more affordable options whilst maintaining good connectivity to Cambridge and the surrounding Fenland region.
The average property value of just under £200,000 suggests a mix of housing stock, likely comprising terraced houses, maisonettes, and smaller semi-detached properties typical of certain Ely neighbourhoods. This pricing represents reasonable value when considering Ely's excellent transport links, including direct rail services to London King's Cross, Cambridge, and Norwich. The area benefits from the amenities of a cathedral city, including good schooling options, whilst avoiding the premium pricing associated with Cambridge itself, making it an increasingly popular choice for commuters and families seeking affordability without sacrificing accessibility to employment hubs and cultural attractions.
The average house price in CB7 4GQ, Ely is £198,952. Prices range from £62,000 to £397,500.
There are 80 properties in CB7 4GQ, Ely.
CB7 4GQ contains 66 terraced properties, 6 semi-detached properties, 6 flat / maisonette properties, 1 detached properties.
Average house prices in CB7 4GQ have risen by 79% from £187,140 in 2007 to £335,000 in 2024.
CB7 4GQ is located in Ely, Cambridgeshire, England.