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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
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Flat 2, 3, Norwich Street, Wisbech is recorded publicly as a period leasehold apartment across 452 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 3, Norwich Street, Wisbech is £58,923 and its rental estimate is £336 per month, given the available information and assuming reasonable condition.
3, Norwich Street is a residential building on Norwich Street, Wisbech, PE13 and falls within the PE13 postal district and the borough of Fenland.
Flat 2, 3, Norwich Street, Wisbech has a single entry in the Land Registry from March 2010 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 1 out of 5 and is considered of low 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 Flat 2, 3, Norwich Street, Wisbech, we estimate a market value of £61,870 and a rental value of £353 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £54,799 and £313 per month respectively.
Over the last year, Flat 2, 3, Norwich Street, Wisbech has seen its estimated sale value decline by £955 (1.6%) and its estimated rental value climb by £14 per month (4.0%). This results in an estimated gross rental yield of 6.8%.
Flat 2, 3, Norwich Street, Wisbech has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Jun 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The most recent sale of Flat 2, 3, Norwich Street, Wisbech completed on 31st March 2010 at £40,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 41.7% over the period since March 2010.
Over the past 2 years 3 properties similar to Flat 2, 3, Norwich Street, Wisbech have sold within a radius of 450 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th October 2024, was 27, Norwich Road, Wisbech, PE13 2AD, a leasehold flat which sold for £55,765.
Read more about house prices in PE13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 4 addresses on Norwich Street, Wisbech, PE13, Flat 2, 3, Norwich Street, Wisbech comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £150k less expensive than the average property across the PE13 district.
From Flat 2, 3, Norwich Street, Wisbech, the nearest station is March, 12.4 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 3, Norwich Street, Wisbech, % of property is and % is .
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 Flat 2, 3, Norwich Street, Wisbech, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 Flat 2, 3, Norwich Street, Wisbech, 0.0% 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 Flat 2, 3, Norwich Street, Wisbech, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
