FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Wisbech

Wisbech House Prices Wisbech House Prices

The average house price in Wisbech is £254,950 using HM Land Registry data.

The average property price increased by £66,248 (38.32%) over the last 5 years and increased by £13,240 (5.86%) over the last 12 months.

Over the last year, there were 253 residential property sales – a decrease of 131 transactions (-51.78%) relative to the previous year. The majority of house sales (69) were in the £146,000 - £192,000 range. Then came properties in the £192,000 - £238,000 range, where 55 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 60 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,686 (-2%).

In April 2024, there were 57 new estate agency instructions, 47 agreed home sales and 50 property price reductions.

Postcodes Covered: PE13, PE14

5-Year Average Property Prices in Wisbech

38.32%

Property prices in Wisbech increased by 38.32% 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 Wisbech Over the Last Year

5.86%

Property prices in Wisbech increased by 5.86% 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.

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).

Property Market Heat Gauge for 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 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 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 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 Wisbech since 1995

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

Recent Property Sales in Wisbech

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 Windmill Gardens, Wisbech, Cambridgeshire, PE14 7YA£220,000£210,000-£10,00005 Jan 202323 Feb 2024414 Days
28 Mountbatten Drive, Leverington, Wisbech, Cambridgeshire, PE13 5AF£195,000£170,000-£25,00012 Sep 202319 Feb 2024160 Days
45 Queen Elizabeth Drive, Wisbech, Cambridgeshire, PE13 2JX£220,000£215,000-£5,00031 Oct 202316 Feb 2024108 Days
86 Colvile Road, Wisbech, Cambridgeshire, PE13 2EL£250,000£250,000£0017 Oct 202302 Feb 2024108 Days
75 Malt Drive, South Brink, Wisbech, Cambridgeshire, PE14 0ST£200,000£190,000-£10,00013 Oct 202326 Jan 2024105 Days
18 Southfields Close, Wisbech, Cambridgeshire, PE13 3XG£200,000£195,000-£5,00031 Aug 202319 Jan 2024141 Days
The Conifers, Horseshoe Terrace, Wisbech, Cambridgeshire, PE13 1PY£150,000£147,500-£2,50024 Oct 202315 Jan 202483 Days
91 Chapnall Road, Wisbech, Norfolk, PE13 3TU£210,000£205,000-£5,00003 May 202311 Jan 2024253 Days
5 Kingfisher Drive, Wisbech, Cambridgeshire, PE13 2TP£150,000£147,500-£2,50023 Aug 202303 Jan 2024133 Days
39 King Street, Wisbech, Cambridgeshire, PE13 2HB£60,000£59,000-£1,00001 Feb 202320 Dec 2023322 Days
43 Ramnoth Road, Wisbech, Cambridgeshire, PE13 2JA£160,000£158,500-£1,50031 Aug 202318 Dec 2023109 Days
5 Magazine Lane, Wisbech, Cambridgeshire, PE13 1LJ£200,000£196,000-£4,00004 Jul 202315 Dec 2023164 Days
7 Brampton Close, Wisbech, Cambridgeshire, PE13 1LU£385,000£385,000£0023 Nov 202314 Dec 202321 Days
91 Heron Road, Wisbech, Cambridgeshire, PE13 2TR£185,000£181,000-£4,00020 Jul 202308 Dec 2023141 Days
16 Queens Road, Wisbech, Cambridgeshire, PE13 2PB£260,000£240,000-£20,00029 Jun 202308 Dec 2023162 Days
70 Victoria Road, Wisbech, Cambridgeshire, PE13 2QF£205,000£185,000-£20,00023 May 202301 Dec 2023192 Days
42 Petts Close, Wisbech, Cambridgeshire, PE13 3QE£200,000£190,000-£10,00020 Jul 202330 Nov 2023133 Days
13 Cocketts Drive, Wisbech, Cambridgeshire, PE13 2JS£200,000£195,000-£5,00030 Jan 202329 Nov 2023303 Days
40 Malt Drive, South Brink, Wisbech, Cambridgeshire, PE14 0SR£200,000£190,000-£10,00005 Sep 202329 Nov 202385 Days
38 Malt Drive, South Brink, Wisbech, Cambridgeshire, PE14 0SR£230,000£230,000£0022 Aug 202327 Nov 202397 Days

Most Expensive Streets in Wisbech

PostcodeStreetAreaAverageNo. of Sales
PE13 4UPBarton GreenWisbech£608,3333
PE14 7BNBurrettgate RoadWisbech£511,9166
PE13 1JXNorth BrinkWisbech£481,3336
PE13 2HFBowthorpe Hall GardensWisbech£455,0003
PE13 2TAElm RoadWisbech£449,0003
PE13 2BPMount DriveWisbech£420,0003
PE13 4TFBarton RoadWisbech£416,8336
PE13 5DJDowgate RoadLeverington£397,60010
PE14 7AUBurrett RoadWisbech£396,6663
PE13 1LDThe Water GardensWisbech£393,3333

Least Expensive Streets in Wisbech

PostcodeStreetAreaAverageNo. of Sales
PE13 3TNBrancaster CourtStaithe Road£65,2005
PE13 1HLChurch MewsWisbech£76,45210
PE13 3PUAdmirals DriveWisbech£98,2005
PE13 3BDMill CloseWisbech£102,1857
PE13 2ALElizabeth TerraceWisbech£109,0007
PE13 2ASDuke StreetWisbech£111,3754
PE13 2RZNew DroveWisbech£111,5003
PE13 3PXAdmirals DriveWisbech£113,03813
PE13 2QWCannon StreetWisbech£114,8748
PE13 3PGWaterlees RoadWisbech£115,6254

Explore Wisbech and Neighbouring Area House Prices

Sell Your
House Fast
Property Auctions Cambridgeshire
Property Auctions Cambridgeshire
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark