3, Festival Close
3, Festival Close
Description & Estimates
3, Festival Close, March is recorded publicly as a mid-century freehold house across 742 ft2 of internal area, sitting on a 618 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Festival Close, March is £160,049 and its rental estimate is £881 per month, given the available information and assuming reasonable condition.
Festival Close, Manea, March, PE15 falls within the PE15 postal district, in the borough of Fenland.
Our Data Sources
3, Festival Close, March has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated January 2016.
We combine this information with that 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.
Price Range & Condition
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 3, Festival Close, March, we estimate a market value of £168,051 and a rental value of £925 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £148,845 and £819 per month respectively.
Recent Market Change
Over the last year, 3, Festival Close, March has seen its estimated sale value drop by £4,355 (2.7%) and its estimated rental value rise by £18 per month (2.0%). This results in an estimated gross rental yield of 6.6%.
Plot Size
HM Land Registry records the plot of land for 3, Festival Close, March as measuring 618 m2.
That makes it the 2nd largest plot in the postcode, where 3 of the 16 other houses have recorded plot data.
Energy Efficiency
3, Festival Close, March has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Jan 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 3, Festival Close, March completed on 31st March 2016 at £114,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 35.7% over the period since March 2016.
- Sold Mar 2016£114,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Festival Close, March have sold within a radius of 6.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th February 2025, was 9, Rutland Way, March, PE15 0HJ, a freehold house which sold for £192,000.
Read more about house prices in PE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 16 addresses on Festival Close, Manea, March, PE15, 3, Festival Close, March comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £89k less expensive than the average property across the PE15 district.
More reading links
Schools Nearby
- 200mManea Community Primary School
- 6.8kmThomas Eaton Primary Academy
- 6.9kmTownley Primary School
- 8.3kmVista Academy Littleport
- 8.3kmNeale-Wade Academy
- 10.4kmEly College
More reading links
Public Transport Nearby
From 3, Festival Close, March, the nearest station is Manea, 1.2 kilometres away.
- 1.2kmManea
- 9.7kmLittleport
- 10.1kmMarch
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
