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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
8, Mill Way, Wisbech is recorded publicly as a mid-century freehold house across 1,227 ft2 of internal area, sitting on a 424 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Mill Way, Wisbech is £263,111 and its rental estimate is £1,223 per month, given the available information and assuming reasonable condition.
Mill Way, Friday Bridge, Wisbech, PE14 falls within the PE14 postal district, in the borough of Fenland.
8, Mill Way, Wisbech has 51 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated May 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 8, Mill Way, Wisbech, we estimate a market value of £276,266 and a rental value of £1,285 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £244,693 and £1,138 per month respectively.
Over the last year, 8, Mill Way, Wisbech has seen its estimated sale value fall by £6,720 (2.6%) and its estimated rental value move up by £34 per month (2.7%). This results in an estimated gross rental yield of 5.6%.
HM Land Registry records the plot of land for 8, Mill Way, Wisbech as measuring 424 m2.
That makes it the 14th largest plot in the postcode, where 29 of the 32 other houses have recorded plot data.
8, Mill Way, Wisbech has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 8, Mill Way, Wisbech completed on 25th November 2022 at £305,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 5.6% over the period since November 2022.
Over the past 2 years 3 properties similar to 8, Mill Way, Wisbech have sold within a radius of 2.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st December 2023, was 14, The Stitch, Wisbech, PE14 0HX, a freehold house which sold for £200,000.
Read more about house prices in PE14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 32 addresses on Mill Way, Friday Bridge, Wisbech, PE14, 8, Mill Way, Wisbech comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £12k less expensive than the average property across the PE14 district.
From 8, Mill Way, Wisbech, the nearest station is March, 8.9 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Mill Way, Wisbech, 65.2% of property is privately owned outright and 25.2% 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 8, Mill Way, Wisbech, 12.1% of residents are recorded as possessing school level qualifications and 17.2% 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 8, Mill Way, Wisbech, the average age was 44.5 and the most common age was 57.
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 8, Mill Way, Wisbech, 1.7% 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 8, Mill Way, Wisbech, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
