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According to the public record, 2, Cedar Way, Wisbech is a modern freehold house with 1,442 ft2 of internal area and sits on a 306 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Cedar Way, Wisbech is £297,287 and the estimated rental value is £1,351 per month.
Cedar Way, Elm, Wisbech, PE14 is located in the borough of Fenland within the PE14 postal district.
2, Cedar Way, Wisbech has 21 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated May 2022.
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 2, Cedar Way, Wisbech is in very good condition we estimate a sale value of £312,151 and a rental value of £1,419 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,476 and a rental value of £1,256 per month.
Over the last 12 months the sale value of 2 Cedar Way Wisbech has decreased by an estimated £11,951 (4.0%) and its rental value has increased by an estimated £14 per month (1.1%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 2, Cedar Way, Wisbech sits on a plot of 306m2.
We have plot size data on 13 out of 13 other houses in the postcode and 2, Cedar Way, Wisbech sits on the 3rd largest plot.
2, Cedar Way, Wisbech has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 May 2022.
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, 2, Cedar Way, Wisbech was last sold on 11th November 2022 for £350,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2022, the market for similar properties has dropped 9.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cedar Way, Wisbech within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 2, Holly Avenue, Wisbech, PE14 0JP, a freehold house which sold for £315,000 on the 12th July 2024.
Read more about house prices in PE14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedar Way, Elm, Wisbech, PE14 has a total of 13 addresses. According to our analysis of all the public data, 2, Cedar Way, Wisbech is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £23k more expensive than the average property in PE14.
The closest station to 2, Cedar Way, Wisbech is March station which is 10.2 kilometres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Cedar Way, Wisbech, 41.9% of property is privately owned with a mortgage and 32.4% is privately owned outright.
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 2, Cedar Way, Wisbech, 17.7% of residents are recorded as possessing school level qualifications and 18.2% 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 2, Cedar Way, Wisbech, the average age was 44.5 and the most common age was 57.
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 2, Cedar Way, Wisbech, 0.0% 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 2, Cedar Way, Wisbech, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.