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!
According to the public record, 3, Lake Close, March is a modern leasehold house with 775 ft2 of internal area and sits on a 140 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Lake Close, March is £106,335 and the estimated rental value is £569 per month.
Lake Close, March, PE15 is located in the borough of Fenland within the PE15 postal district.
3, Lake Close, March has a single entry in the Land Registry from September 2020 and a single entry in the EPC database dated November 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 3, Lake Close, March is in very good condition we estimate a sale value of £111,652 and a rental value of £598 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £98,891 and a rental value of £530 per month.
Over the last 12 months the sale value of 3 Lake Close March has decreased by an estimated £207 (0.2%) and its rental value has increased by an estimated £9 per month (1.6%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 3, Lake Close, March sits on a plot of 140m2.
We have plot size data on 2 out of 47 other houses in the postcode and 3, Lake Close, March sits on the 2nd largest plot.
3, Lake Close, March has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Nov 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Lake Close, March was last sold on 25th September 2020 for £164,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since September 2020, the market for similar properties has risen 17.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Lake Close, March within a radius of 810 metres over the last 2 years.
The most recent example is 4, Meadowlands, March, PE15 8HA, a leasehold house which sold for £210,000 on the 25th November 2022.
Read more about house prices in PE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lake Close, March, PE15 has a total of 65 addresses. According to our analysis of all the public data, 3, Lake Close, March is the 42nd largest and the 36th most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in PE15.
The closest station to 3, Lake Close, March is March station which is 1.6 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 3, Lake Close, March, 28.3% of property is privately rented and 25.1% 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 3, Lake Close, March, 18.9% of residents are recorded as possessing school level qualifications and 17.9% 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 3, Lake Close, March, the average age was 46.2 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 3, Lake Close, March, 0.2% 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 3, Lake Close, March, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
