Wisbech

Area Guide For Wisbech

 
 

Wisbech Map

Estimated Price: £169,958
Average Asking Price: £225,890
Price change in last one year: £10,397
Average Price Paid: £148,198
Average Rent Rates: £569

 
 

Property Prices Breakdown in Wisbech

Average Price for property in Wisbech is around £169,958 which varies based on type of property you are interested in and ranges from £207,004 for detached house to around £138,493 for semi-detached. Similarly terraced house is around £110,299 and a flat is worth £88,433. Values have been changing and have risen £1,298 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,484 in last 6 months, £10,397 in last 1 year, £19,869 in last 2 years, £17,596 in last 3 years, £16,186 in last 4 years and £12,254 in last 5 years.

Currently average asking price of a property in Wisbech is around £225,890 based on approximately 776 properties for sale. Same is the case with rental options based on 85 properties up for rent, average asking rent is around £569 per month.

Estimated property value in Wisbech is £169,958. Average asking price is £225,890 while average price paid is £155,178 which is up by £10,397 and Avg. asking rent £569.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 Wisbech area. In last 1 year alone average price buyer paid is around £155,178 based on approximately 776 sales in Wisbech area alone. If you compare it to last 3 years sales of 2,218 properties where buyers paid around £148,162. 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 £148,198 for 3,515 and average amount paid for purchase of approx. 4,754 properties sold in last 7 years comes to about £148,767 per sale.

 
 

Properties For Sale in Wisbech

 
 

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, £132,574 for a 2 bedroom house, £200,259 for a 3 bedroom house, £266,537 for a 4 bedroom house and £362,114 for a 5 bedroom house. For a flat similarly the prices varies from £67,157 for a single bedroom to £77,249 for a 2 bedroom Flat. To sum up the asking prices for properties in Wisbech it comes to around average £76,486 for 1 bedroom property, £128,058 for 2 bedroom, £200,259 for 3 bedroom, £266,537 for 4 bedroom and £362,114 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 £451 for 1 bedroom to £575 for 2 bedrooms, £672 for 3 bedrooms, £1,651 for 4 bedrooms and £383 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £424. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £513 and £737 for 3 bedroom. You should be generally be expecting around average £431 rent per month for single bedroom property, £550 for 2 bedroom, £676 for 3 bedroom, £1,651 for 4 bedroom and approximately £383 for a 5 bedroom property in Wisbech area.

Popular Houses in Wisbech

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.

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