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Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 40, Fenmen Place, Wisbech is a modern freehold house with 914 ft2 of internal area and sits on a 120 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 40, Fenmen Place, Wisbech is £192,617 and the estimated rental value is £877 per month.
Fenmen Place, Wisbech, PE13 is located in the borough of Fenland within the PE13 postal district.
40, Fenmen Place, Wisbech has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 40, Fenmen Place, Wisbech is in very good condition we estimate a sale value of £202,248 and a rental value of £921 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,134 and a rental value of £816 per month.
Over the last 12 months the sale value of 40 Fenmen Place Wisbech has decreased by an estimated £3,013 (1.6%) and its rental value has increased by an estimated £16 per month (1.8%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 40, Fenmen Place, Wisbech sits on a plot of 120m2.
We have plot size data on 66 out of 69 other houses in the postcode and 40, Fenmen Place, Wisbech sits on the 27th largest plot.
40, Fenmen Place, Wisbech has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
According to HM Land Registry, 40, Fenmen Place, Wisbech was last sold on 20th November 2020 for £186,250 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2020, the market for similar properties has risen 19.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Fenmen Place, Wisbech within a radius of 540 metres over the last 2 years.
The most recent example is 34, Fenmen Place, Wisbech, PE13 3FA, a freehold house which sold for £182,500 on the 29th September 2021.
Read more about house prices in PE13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fenmen Place, Wisbech, PE13 has a total of 79 addresses. According to our analysis of all the public data, 40, Fenmen Place, Wisbech is the 35th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £17k less expensive than the average property in PE13.
The closest station to 40, Fenmen Place, Wisbech is March station which is 13.7 kilometres away.
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 40, Fenmen Place, Wisbech, 41.1% of property is privately rented and 35.1% is privately owned with a mortgage.
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 40, Fenmen Place, Wisbech, 19.4% of residents are recorded as possessing school level qualifications and 16.1% 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 40, Fenmen Place, Wisbech, the average age was 39.8 and the most common age was 32.
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 40, Fenmen Place, Wisbech, 0.9% 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 40, Fenmen Place, Wisbech, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
