You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in PE14

House Prices in PE14

The average house price in PE14 (Wisbech) is £287,812 using HM Land Registry data.

The average property price increased by £84,721 (42.97%) over the last 5 years and increased by £16,932 (5.82%) over the last 12 months.

Over the last year, there were 193 residential property sales – a decrease of 214 transactions (-110.88%) relative to the previous year. The majority of house sales (65) were in the £170,000 - £234,000 range. Then came properties in the £234,000 - £298,000 range, where 41 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 76 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,239 (-3%).

In April 2024, there were 77 new estate agency instructions, 51 agreed home sales and 38 property price reductions.

5-Year Average Property Prices in PE14 (Wisbech)

42.97%

Property prices in Wisbech increased by 42.97% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in PE14 (Wisbech) Over the Last Year

5.82%

Property prices in Wisbech increased by 5.82% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for PE14 (Wisbech) - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in PE14 (Wisbech)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in PE14 (Wisbech)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in PE14 (Wisbech)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the PE14 (Wisbech) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PE14 postcode area since 1995.

Recent Sales in PE14 (Wisbech)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
5 Windmill Gardens, Wisbech, Cambridgeshire, PE14 7YA	£220,000	£210,000	-£10,000	05 Jan 2023	23 Feb 2024	414 Days
53 Gaultree Square, Emneth, Wisbech, Norfolk, PE14 8DA	£250,000	£240,000	-£10,000	07 Jun 2023	23 Feb 2024	261 Days
224 School Road, Walton Highway, Wisbech, Norfolk, PE14 7DR	£280,000	£275,000	-£5,000	08 Jan 2024	29 Jan 2024	21 Days
75 Malt Drive, South Brink, Wisbech, Cambridgeshire, PE14 0ST	£200,000	£190,000	-£10,000	13 Oct 2023	26 Jan 2024	105 Days
5 Raceys Close, Emneth, Wisbech, Norfolk, PE14 8BT	£300,000	£290,000	-£10,000	19 May 2023	26 Jan 2024	252 Days
19 Well Creek Road, Outwell, Wisbech, Norfolk, PE14 8SD	£175,000	£167,000	-£8,000	12 Jun 2023	19 Dec 2023	190 Days
Evergreen Cottage, Bedford Bank, Welney, Wisbech, Norfolk, PE14 9RJ	£360,000	£340,000	-£20,000	11 Apr 2023	11 Dec 2023	244 Days
Rose Lodge, The Marsh, Walpole St Andrew, Wisbech, Norfolk, PE14 7JG	£325,000	£305,000	-£20,000	06 May 2023	08 Dec 2023	216 Days
40 Malt Drive, South Brink, Wisbech, Cambridgeshire, PE14 0SR	£200,000	£190,000	-£10,000	05 Sep 2023	29 Nov 2023	85 Days
38 Malt Drive, South Brink, Wisbech, Cambridgeshire, PE14 0SR	£230,000	£230,000	£00	22 Aug 2023	27 Nov 2023	97 Days
124 Fridaybridge Road, Elm, Wisbech, Cambridgeshire, PE14 0AT	£195,000	£195,000	£00	01 Mar 2023	22 Nov 2023	266 Days
90 Town Street, Upwell, Wisbech, Norfolk, PE14 9DF	£170,000	£170,000	£00	18 Sep 2023	17 Nov 2023	60 Days
Fenland View, Long Drove, Friday Bridge, Wisbech, Cambridgeshire, PE14 0NP	£290,000	£280,000	-£10,000	12 Jun 2023	17 Nov 2023	158 Days
Sideacre, March Road, Tipps End, Wisbech, Cambridgeshire, PE14 9SH	£390,000	£375,000	-£15,000	26 Jun 2023	17 Nov 2023	144 Days
209 Smeeth Road, Marshland St James, Wisbech, Norfolk, PE14 8JB	£260,000	£257,500	-£2,500	28 Apr 2023	17 Nov 2023	203 Days
Blythe Cottage, School Road, Walpole Highway, Wisbech, Norfolk, PE14 7QQ	£210,000	£193,500	-£16,500	06 Dec 2022	17 Nov 2023	346 Days
Fern House, Rectory Road, Outwell, Wisbech, Norfolk, PE14 8RD	£425,000	£390,000	-£35,000	20 May 2023	16 Nov 2023	180 Days
43 Churchfield Road, Outwell, Wisbech, Norfolk, PE14 8RL	£210,000	£205,000	-£5,000	15 May 2023	13 Nov 2023	182 Days
124 Elm High Road, Emneth, Wisbech, Norfolk, PE14 0DN	£275,000	£275,000	£00	29 Mar 2023	09 Nov 2023	225 Days
30 The Stitch, Friday Bridge, Wisbech, Cambridgeshire, PE14 0HX	£250,000	£245,000	-£5,000	02 Aug 2023	07 Nov 2023	97 Days

Most Expensive Streets in PE14 (Wisbech)

Postcode	Street	Area	Average	No. of Sales
PE14 0AS	Fridaybridge Road, Elm	Wisbech	£590,000	4
PE14 9PL	Padgetts Road, Christchurch	Wisbech	£585,000	3
PE14 7PE	Walnut Road, Walpole St Peter	Wisbech	£528,750	4
PE14 7BN	Burrettgate Road	Wisbech	£511,916	6
PE14 9BB	Low Side, Upwell	Wisbech	£498,750	4
PE14 7DL	Harps Hall Road, Walton Highway	Wisbech	£486,666	3
PE14 0AG	Main Road, Elm	Wisbech	£480,000	3
PE14 8JT	Middle Drove, Marshland St James	Wisbech	£476,000	4
PE14 0AB	Main Road, Elm	Wisbech	£454,500	6
PE14 0EU	Meadowcourt Gardens, Elm	Wisbech	£450,000	3

Least Expensive Streets in PE14 (Wisbech)

Postcode	Street	Area	Average	No. of Sales
PE14 9PU	The Croft, Christchurch	Wisbech	£102,750	4
PE14 8RQ	Church Terrace, Outwell	Wisbech	£113,666	3
PE14 8PA	Wisbech Road, Outwell	Wisbech	£114,998	3
PE14 8RE	Lowside, Outwell	Wisbech	£140,833	3
PE14 9AJ	The Russets, Upwell	Wisbech	£155,139	4
PE14 8BH	Elmside, Emneth	Wisbech	£160,900	5
PE14 8TH	Nursery House, Basin Road	Wisbech	£162,000	3
PE14 0LT	Grace Court, Friday Bridge	Wisbech	£168,200	5
PE14 0TA	Ellerby Drive	Wisbech	£169,000	3
PE14 9PB	Fen View, Christchurch	Wisbech	£170,110	9