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Mortgages · Ely

Mortgages in Ely. The typical home needs £34,006 down.

The average home in Ely (the East Cambridgeshire area) is £340,059 in the UK House Price Index for August 2026, up 2% on a year earlier. With a 10% deposit of £34,006, you would borrow £306,053.

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Mortgages in Ely: a Homie illustration
  • £340,059average home, UK HPI
  • £34,00610% deposit
  • £68,012household income at 4.5× the loan
  • £2,003stamp duty for a first-time buyer
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The short answer

Mortgages in Ely, in 30 seconds

The price
The average home in Ely is £340,059.
The deposit
10% is £34,006. 5% deposit mortgages exist, but the rates are higher.
The income
Many lenders cap borrowing at around 4.5 times income, so a £306,053 loan needs roughly £68,012 a year, alone or jointly.
The advice
A free consultation with a specialist adviser looks at deals across the market for your own numbers.

Ten years of prices

Ely house prices since 2016

From £258,211 to £340,059. Up 15.9% over five years.

2016 2019 2022 2025 2026
Average price each year to August 2026, East Cambridgeshire.

Nearby

How Ely compares with its neighbours

Average home in each council area, with the change over five years.

FAQ

Mortgages in Ely: your questions

How much deposit do I need to buy in Ely?

At the average price of £340,059, a 10% deposit is £34,006 and 5% is £17,003. A bigger deposit usually unlocks lower rates.

What salary do I need for a mortgage in Ely?

With 10% down on the average home, the loan is £306,053. At 4.5 times income that means around £68,012 a year. Each lender sets its own limits, so treat this as a starting point.

Have Ely house prices gone up?

Over five years the average home is up 15.9%, and over the last year it is up 2%.

How do Ely house prices compare with nearby towns?

The average home in Ely is £340,059. It costs more in Cambridge (£470,360). It costs less in St. Neots (£306,954) and Peterborough (£231,634).

The rest of your move

Everything else for Ely

Mortgages nearby

Ready when you are, Ely.

Mortgages for your Ely move, tracked in the same Homemove dashboard as everything else.

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