5, Mulberry Lea
5, Mulberry Lea
Description & Estimates
Public records show 5, Mulberry Lea, Wisbech to be a modern freehold house with 1,377 ft2 of internal area, sitting on a 310 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
5, Mulberry Lea, Wisbech has an estimated sale value of £300,526 and an estimated rental value of £1,346 per month, assuming reasonable condition and based on the information available.
Mulberry Lea, Upwell, Wisbech, PE14 lies in the borough of King's Lynn and West Norfolk, within the PE14 postal district.
Our Data Sources
5, Mulberry Lea, Wisbech has 2 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated June 2022.
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.
Price Range & Condition
In very good condition, we estimate 5, Mulberry Lea, Wisbech would be worth £315,552, with a potential rental value of £1,413 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £279,489, with a rental value of £1,252 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Mulberry Lea, Wisbech has moved down by £12,081 (4.0%) over the last year. During the same period, its estimated monthly rental value has increased by £14 (1.1%). The property's estimated gross yield is currently 5.4%.
Plot Size
5, Mulberry Lea, Wisbech occupies a 310 m2 plot as recorded by HM Land Registry.
Of the 24 other houses in this postcode, 22 have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
5, Mulberry Lea, Wisbech has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jun 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Sold Prices
5, Mulberry Lea, Wisbech last changed hands on 12th August 2022, selling for £265,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 8.2% since August 2022.
- Sold Aug 2022£265,000
- Sold Nov 2008£207,900
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.3 kilometres of 5, Mulberry Lea, Wisbech across the last 2 years.
Most recently, 12, Mulberry Lea, Wisbech, PE14 9AG, a freehold house, sold at £325,000 on the 1st August 2024.
Read more about house prices in PE14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 5, Mulberry Lea, Wisbech as the 5th largest and the 5th most expensive of the 24 addresses on Mulberry Lea, Upwell, Wisbech, PE14.
Against the PE14 postcode district average, it is £26k more expensive than the typical property.
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Schools Nearby
- 900mBeaupre Community Primary School
- 1.5kmUpwell Academy
- 3.7kmEmneth Academy
- 6.8kmThomas Clarkson Academy
- 7.0kmThe Wisbech Academy
- 10.5kmMarshland High School
More reading links
Public Transport Nearby
Downham Market station is the nearest stop to 5, Mulberry Lea, Wisbech at 9.6 kilometres away.
- 9.6kmDownham Market
- 10.2kmMarch
- 12.3kmManea
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
