37, Magazine Close
37, Magazine Close
Description & Estimates
37, Magazine Close, Wisbech appears in the public record as a freehold house sitting on a 267 m2 plot.
By comparing it to nearby properties, we estimate it to be an early-century house with 1,246 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 37, Magazine Close, Wisbech is £190,174 and its rental estimate is £991 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.
Our Data Sources
37, Magazine Close, Wisbech has a single entry in the Land Registry from February 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 37, Magazine Close, Wisbech, we estimate a market value of £199,683 and a rental value of £1,040 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £176,862 and £921 per month respectively.
Recent Market Change
Over the last year, 37, Magazine Close, Wisbech has seen its estimated sale value decrease by £9,015 (4.7%) and its estimated rental value grow by £7 per month (0.7%). This results in an estimated gross rental yield of 6.3%.
Plot Size
HM Land Registry records the plot of land for 37, Magazine Close, Wisbech as measuring 267 m2.
That makes it the 7th largest plot in the postcode, where 11 of the 44 other houses have recorded plot data.
Sold Prices
The most recent sale of 37, Magazine Close, Wisbech completed on 16th February 2007 at £110,000 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 46.1% over the period since February 2007.
- Sold Feb 2007£110,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 37, 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 19th August 2019, was Laroue House, Magazine Lane, Wisbech, PE13 1LJ, a freehold house which sold for £275,000.
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 44 addresses on Magazine Close, Wisbech, PE13, 37, Magazine Close, Wisbech comes out as the largest and the most expensive in our analysis of the public data.
It is also £19k less expensive than the average property across the PE13 district.
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Schools Nearby
- 1.4kmPeckover Primary School
- 1.4kmElm Road Primary School
- 1.5kmThe Nene Infant & Nursery School
- 1.2kmThe Wisbech Academy
- 1.6kmThomas Clarkson Academy
- 5.0kmMarshland High School
More reading links
Public Transport Nearby
From 37, Magazine Close, Wisbech, the nearest station is March, 11.7 kilometres away.
- 11.7kmMarch
- 16.3kmDownham Market
- 16.3kmWatlington
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
