Gadds Lane, Wisbech, PE13

Street Guide For Gadds Lane, Wisbech, PE13

 

Gadds Lane, Wisbech, PE13 Map

Estimated Price: £392,416
Average Asking Price: £212,251
Price change in last one year: £26,704
Average Price Paid: £285,000
Average Rent Rates: £532

 

Property Prices Breakdown in Gadds Lane, Wisbech, PE13

Average Price for property in Gadds Lane, Wisbech, PE13 is around £392,416 e.g. average price for detached house is around 392,416. Values have been changing and have risen £1,941 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,696 in last 6 months, £26,704 in last 1 year, £49,356 in last 2 years, £46,336 in last 3 years, £47,796 in last 4 years and £33,935 in last 5 years.

Currently average asking price of a property in Gadds Lane, Wisbech, PE13 is around £212,251 based on approximately 1 properties for sale. Same is the case with rental options based on 66 properties up for rent, average asking rent is around £532 per month.

Estimated property value in Gadds Lane, Wisbech, PE13 is £392,416. Average asking price is £212,251 while average price paid is £285,000 which is up by £26,704 and Avg. asking rent £532.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Gadds Lane, Wisbech, PE13 area. In last 1 year alone average price buyer paid is around £285,000 based on approximately 1 sales in Gadds Lane, Wisbech, PE13 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £285,000. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £285,000 for 1 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £267,497 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £85,815, £126,147 for a 2 bedroom house, £186,077 for a 3 bedroom house, £244,031 for a 4 bedroom house and £327,725 for a 5 bedroom house. For a flat similarly the prices varies from £70,088 for a single bedroom to £76,142 for a 2 bedroom Flat. To sum up the asking prices for properties in Gadds Lane, Wisbech, PE13 it comes to around average £78,666 for 1 bedroom property, £120,844 for 2 bedroom, £186,077 for 3 bedroom, £244,031 for 4 bedroom and £327,725 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £455 for 1 bedroom to £574 for 2 bedrooms, £661 for 3 bedrooms, £823 for 4 bedrooms and £336 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £426. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £516 and £737 for 3 bedroom. You should be generally be expecting around average £429 rent per month for single bedroom property, £546 for 2 bedroom, £666 for 3 bedroom, £823 for 4 bedroom and approximately £336 for a 5 bedroom property in Gadds Lane, Wisbech, PE13 area.

Popular Houses in Gadds Lane, Wisbech, PE13

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Gadds Lane, Wisbech, PE13