3, The Tramway
3, The Tramway
Description & Estimates
3, The Tramway, Wisbech appears in the public record as a freehold house sitting on a 475 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,800 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 3, The Tramway, Wisbech is £367,532 and its rental estimate is £1,535 per month, given the available information and assuming reasonable condition.
The Tramway, Outwell, Wisbech, PE14 falls within the PE14 postal district, in the borough of King's Lynn and West Norfolk.
Our Data Sources
3, The Tramway, Wisbech has 21 entries in the Land Registry , most recently in September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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, The Tramway, Wisbech, we estimate a market value of £385,908 and a rental value of £1,612 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £341,805 and £1,428 per month respectively.
Recent Market Change
Over the last year, 3, The Tramway, Wisbech has seen its estimated sale value move down by £14,775 (4.0%) and its estimated rental value increase by £16 per month (1.1%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 3, The Tramway, Wisbech as measuring 475 m2.
That makes it the 5th largest plot in the postcode, where all 5 other houses have recorded plot data.
Sold Prices
The most recent sale of 3, The Tramway, Wisbech completed on 21st September 2007 at £289,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 66.8% over the period since September 2007.
- Sold Sep 2007£289,000
- Sold Apr 2003£225,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, The Tramway, Wisbech have sold within a radius of 2.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd August 2022, was 8, Downham Road, Wisbech, PE14 8SE, a freehold house which sold for £395,000.
Read more about house prices in PE14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 5 addresses on The Tramway, Outwell, Wisbech, PE14, 3, The Tramway, Wisbech comes out as the 3rd largest and the 4th most expensive in our analysis of the public data.
It is also £93k more expensive than the average property across the PE14 district.
More reading links
Schools Nearby
- 300mBeaupre Community Primary School
- 2.4kmUpwell Academy
- 3.4kmEmneth Academy
- 6.8kmThomas Clarkson Academy
- 7.0kmThe Wisbech Academy
- 10.1kmMarshland High School
More reading links
Public Transport Nearby
From 3, The Tramway, Wisbech, the nearest station is Downham Market, 9.0 kilometres away.
- 9.0kmDownham Market
- 11.1kmMarch
- 12.3kmWatlington
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 medium, based on Environment Agency data.
