3, Park Avenue
3, Park Avenue
Description & Estimates
3, Park Avenue, Wisbech is recorded publicly as a period freehold house across 4,090 ft2 of internal area, sitting on a 982 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 3, Park Avenue, Wisbech is £515,816 and its rental estimate is £2,037 per month, given the available information and assuming reasonable condition.
Park Avenue, Wisbech, PE13 falls within the PE13 postal district, in the borough of Fenland.
Our Data Sources
3, Park Avenue, Wisbech has a single entry in the Land Registry from June 2015 and a single entry in the EPC database dated August 2024.
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.
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, Park Avenue, Wisbech, we estimate a market value of £541,607 and a rental value of £2,139 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £479,709 and £1,895 per month respectively.
Recent Market Change
Over the last year, 3, Park Avenue, Wisbech has seen its estimated sale value decline by £23,224 (4.5%) and its estimated rental value climb by £15 per month (0.8%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 3, Park Avenue, Wisbech as measuring 982 m2.
That makes it the largest plot in the postcode, where 2 of the 5 other houses have recorded plot data.
Energy Efficiency
3, Park Avenue, Wisbech has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Aug 2024.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Park Avenue, Wisbech completed on 3rd June 2015 at £410,000 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 52.5% over the period since June 2015.
- Sold Jun 2015£410,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 3, Park Avenue, Wisbech have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd November 2019, was 28, Tavistock Road, Wisbech, PE13 2DY, a freehold house which sold for £475,000.
Read more about house prices in PE13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 5 addresses on Park Avenue, Wisbech, PE13, 3, Park Avenue, Wisbech comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £307k more expensive than the average property across the PE13 district.
More reading links
Schools Nearby
- 600mThe Nene Infant & Nursery School
- 700mClarkson Infants School
- 700mSt Peter's CofE Aided Junior School
- 1.4kmThomas Clarkson Academy
- 1.5kmThe Wisbech Academy
- 3.5kmMarshland High School
More reading links
Public Transport Nearby
From 3, Park Avenue, Wisbech, the nearest station is March, 12.9 kilometres away.
- 12.9kmMarch
- 14.8kmWatlington
- 15.3kmDownham Market
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
