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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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21, Magazine Close, Wisbech is described in the public record as an early-century house with 678 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 21, Magazine Close, Wisbech is £137,814 and its rental estimate is £765 per month, given the available information and assuming reasonable condition.
Magazine Close, Wisbech, PE13 falls within the PE13 postal district, in the borough of Fenland.
21, Magazine Close, Wisbech has no records in the the Land Registry and a single entry in the EPC database dated May 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 21, Magazine Close, Wisbech, we estimate a market value of £144,705 and a rental value of £803 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £128,167 and £711 per month respectively.
Over the last year, 21, Magazine Close, Wisbech has seen its estimated sale value decline by £4,334 (3.1%) and its estimated rental value climb by £15 per month (2.0%). This results in an estimated gross rental yield of 6.7%.
21, Magazine Close, Wisbech has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 21, Magazine Close, Wisbech have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st June 2019, was 6 Wares Cottages, Magazine Lane, Wisbech, PE13 1LQ, a freehold house which sold for £108,000.
Read more about house prices in PE13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 44 addresses on Magazine Close, Wisbech, PE13, 21, Magazine Close, Wisbech comes out as the 14th largest and the 15th most expensive in our analysis of the public data.
It is also £71k less expensive than the average property across the PE13 district.
From 21, Magazine Close, Wisbech, the nearest station is March, 11.7 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 21, Magazine Close, Wisbech, 47.6% of property is privately owned outright and 21.4% is socially rented.
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 21, Magazine Close, Wisbech, 16.0% of residents are recorded as possessing school level qualifications and 17.1% 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 21, Magazine Close, Wisbech, the average age was 42.2 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 21, Magazine Close, Wisbech, 0.3% 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 21, Magazine Close, Wisbech, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
