7A, Penrose Gardens
7A, Penrose Gardens
Description & Estimates
7A, Penrose Gardens, Wisbech appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 1,791 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 7A, Penrose Gardens, Wisbech is £335,670 and its rental estimate is £1,280 per month, given the available information and assuming reasonable condition.
Penrose Gardens, Wisbech, PE13 falls within the PE13 postal district, in the borough of Fenland.
Our Data Sources
7A, Penrose Gardens, Wisbech has a single entry in the Land Registry from July 2018 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 2 out of 5 and is considered of medium 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 7A, Penrose Gardens, Wisbech, we estimate a market value of £352,454 and a rental value of £1,344 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £312,174 and £1,191 per month respectively.
Recent Market Change
Over the last year, 7A, Penrose Gardens, Wisbech has seen its estimated sale value decline by £15,912 (4.7%) and its estimated rental value climb by £9 per month (0.7%). This results in an estimated gross rental yield of 4.6%.
Sold Prices
The most recent sale of 7A, Penrose Gardens, Wisbech completed on 30th July 2018 at £285,000 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 17.2% over the period since July 2018.
- Sold Jul 2018£285,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7A, Penrose Gardens, Wisbech have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd November 2021, was 6, Stow Gardens, Wisbech, PE13 2HS, a freehold house which sold for £347,500.
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 26 addresses on Penrose Gardens, Wisbech, PE13, 7A, Penrose Gardens, Wisbech comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £127k more expensive than the average property across the PE13 district.
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Schools Nearby
- 400mRamnoth Junior School
- 600mElm Road Primary School
- 600mThe Nene Infant & Nursery School
- 700mThomas Clarkson Academy
- 1.1kmThe Wisbech Academy
- 4.2kmMarshland High School
More reading links
Public Transport Nearby
From 7A, Penrose Gardens, Wisbech, the nearest station is March, 12.3 kilometres away.
- 12.3kmMarch
- 14.3kmWatlington
- 14.4kmDownham Market
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 very low, based on Environment Agency data.
