12, Oil Mill Lane
12, Oil Mill Lane
Description & Estimates
According to the public record, 12, Oil Mill Lane, Wisbech is a modern leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Oil Mill Lane, Wisbech is £89,967 and the estimated rental value is £428 per month.
Oil Mill Lane, Wisbech, PE13 is located in the borough of Fenland within the PE13 postal district.
Our Data Sources
12, Oil Mill Lane, Wisbech has a single entry in the Land Registry from March 2007 and a single entry in the EPC database dated March 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 12, Oil Mill Lane, Wisbech is in very good condition we estimate a sale value of £94,465 and a rental value of £449 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £83,669 and a rental value of £398 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 12, Oil Mill Lane, Wisbech has fallen by £2,512 (2.8%), while its estimated rental value has moved up by £14 per month (3.4%). Based on current estimates, the property offers a gross rental yield of 5.7%.
Energy Efficiency
12, Oil Mill Lane, Wisbech has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Mar 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Sold Prices
According to HM Land Registry, 12, Oil Mill Lane, Wisbech was last sold on 30th March 2007 for £76,550 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2007, the market for similar properties has risen by 8.7%.
- Sold Mar 2007£76,550
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 6 sales of properties similar to 12, Oil Mill Lane, Wisbech within a radius of 660 metres over the last 2 years.
The most recent example is 14, Oil Mill Lane, Wisbech, PE13 1NW, a leasehold flat which sold for £76,000 on the 30th March 2007.
Read more about house prices in PE13.
- Sold Mar 2007£76,000 | 2 Bed Flat14, Oil Mill Lane, Wisbech, PE13 1NW14, Oil Mill Lane, Wisbech, PE13 1NW
- Sold Mar 2007£76,000 | 2 Bed Flat16, Oil Mill Lane, Wisbech, PE13 1NW16, Oil Mill Lane, Wisbech, PE13 1NW
- Sold Mar 2007£77,750 | 2 Bed Flat6, Oil Mill Lane, Wisbech, PE13 1NW6, Oil Mill Lane, Wisbech, PE13 1NW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Oil Mill Lane, Wisbech, PE13 has a total of 16 addresses. According to our analysis of all the public data, 12, Oil Mill Lane, Wisbech is the 13th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £116k less expensive than the average property in PE13.
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Schools Nearby
- Peckover Primary School600 m away
- The Nene Infant & Nursery School700 m away
- Elm Road Primary School900 m away
- The Wisbech Academy1.4 km away
- Thomas Clarkson Academy1.4 km away
- Marshland High School3.8 km away
More reading links
Public Transport Nearby
The closest station to 12, Oil Mill Lane, Wisbech is March station, which is 12.7 kilometres away.
- March|12.7 km away
- Watlington|15.2 km away
- Downham Market|15.7 km away
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be Medium.
