Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
2, Spencer Drove, Wisbech is recorded publicly as a modern freehold house across 1,399 ft2 of internal area, sitting on a 521 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Spencer Drove, Wisbech is £322,859 and its rental estimate is £1,178 per month, given the available information and assuming reasonable condition.
Spencer Drove, Guyhirn, Wisbech, PE13 falls within the PE13 postal district, in the borough of Fenland.
2, Spencer Drove, Wisbech has 3 entries in the Land Registry , most recently in April 2019 and a single entry in the EPC database dated February 2016.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Spencer Drove, Wisbech, we estimate a market value of £339,002 and a rental value of £1,237 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £300,259 and £1,095 per month respectively.
Over the last year, 2, Spencer Drove, Wisbech has seen its estimated sale value move down by £15,305 (4.7%) and its estimated rental value increase by £9 per month (0.7%). This results in an estimated gross rental yield of 4.4%.
HM Land Registry records the plot of land for 2, Spencer Drove, Wisbech as measuring 521 m2.
That makes it the 5th largest plot in the postcode, where all 6 other houses have recorded plot data.
2, Spencer Drove, Wisbech has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Feb 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
The most recent sale of 2, Spencer Drove, Wisbech completed on 15th April 2019 at £245,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 17.0% over the period since April 2019.
Over the past 2 years 3 properties similar to 2, Spencer Drove, Wisbech have sold within a radius of 4.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th March 2024, was 1, Crews Close, Wisbech, PE13 4BG, a freehold house which sold for £380,000.
Read more about house prices in PE13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 6 addresses on Spencer Drove, Guyhirn, Wisbech, PE13, 2, Spencer Drove, Wisbech comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £114k more expensive than the average property across the PE13 district.
From 2, Spencer Drove, Wisbech, the nearest station is March, 6.3 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Spencer Drove, Wisbech, 41.8% of property is privately owned with a mortgage and 37.3% 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, Spencer Drove, Wisbech, 15.7% of residents are recorded as possessing school level qualifications and 23.6% 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 2, Spencer Drove, 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, Spencer Drove, Wisbech, 0.6% 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, Spencer Drove, Wisbech, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
