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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Elm Close, March is £229,927 and the estimated rental value is £988 per month.
Elm Close, March, PE15 is located in the borough of Fenland within the PE15 postal district.
1, Elm Close, March has 3 entries in the Land Registry , most recently in November 2023 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Elm Close, March is in very good condition we estimate a sale value of £241,423 and a rental value of £1,037 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,832 and a rental value of £919 per month.
Over the last 12 months the sale value of 1 Elm Close March has decreased by an estimated £448 (0.2%) and its rental value has increased by an estimated £16 per month (1.6%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 1, Elm Close, March sits on a plot of 450m2.
We have plot size data on 9 out of 11 other houses in the postcode and 1, Elm Close, March sits on the largest plot.
1, Elm Close, March has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Elm Close, March was last sold on 28th November 2023 for £252,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since November 2023, the market for similar properties has dropped 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Elm Close, March within a radius of 790 metres over the last 2 years.
The most recent example is 11, Elm Close, March, PE15 8PD, a freehold house which sold for £180,000 on the 28th March 2023.
Read more about house prices in PE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Close, March, PE15 has a total of 11 addresses. According to our analysis of all the public data, 1, Elm Close, March is the 9th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in PE15.
The closest station to 1, Elm Close, March is March station which is 300 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Elm Close, March, 49.6% of property is privately owned outright and 29.0% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Elm Close, March, 20.1% of residents are recorded as possessing school level qualifications and 17.6% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Elm Close, March, the average age was 42.1 and the most common age was 52.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Elm Close, March, 1.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Elm Close, March, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.