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House Prices in PE13

The average house price in PE13 (Wisbech) is £201,500 using HM Land Registry data.

The average property price increased by £67,138 (43.64%) over the last 5 years and increased by £13,421 (5.88%) over the last 12 months.

Over the last year, there were 335 residential property sales – a decrease of 237 transactions (-70.75%) relative to the previous year. The majority of house sales (90) were in the £168,000 - £226,000 range. Then came properties in the £110,000 - £168,000 range, where 72 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 95 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,940 (-2%).

In June 2024, there were 93 new estate agency instructions, 53 agreed home sales and 96 property price reductions.

5-Year Average Property Prices in PE13 (Wisbech)

43.64%

Property prices in Wisbech increased by 43.64% 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 PE13 (Wisbech) Over the Last Year

5.88%

Property prices in Wisbech increased by 5.88% 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 PE13 (Wisbech) - June 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 PE13 (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 PE13 (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 PE13 (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 PE13 (Wisbech) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PE13 postcode area since 1995.

Recent Sales in PE13 (Wisbech)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
65 Waterlees Road, Wisbech, Cambridgeshire, PE13 3PG	£135,000	£132,500	-£2,500	15 Jul 2022	21 May 2024	676 Days
121 Leverington Common, Leverington, Wisbech, Cambridgeshire, PE13 5BW	£235,000	£225,000	-£10,000	19 Jan 2024	10 May 2024	112 Days
5 Burrett Road, Wisbech, Norfolk, PE13 3RF	£250,000	£240,000	-£10,000	22 Sep 2023	03 May 2024	224 Days
12 Kingsley Avenue, Wisbech, Cambridgeshire, PE13 2PD	£260,000	£253,125	-£6,875	03 Jul 2023	02 May 2024	304 Days
17 Kingfisher Drive, Wisbech, Cambridgeshire, PE13 2TP	£160,000	£160,000	£00	24 Jan 2024	12 Apr 2024	79 Days
6 Peatlings Lane, Leverington, Wisbech, Cambridgeshire, PE13 5DP	£215,000	£212,000	-£3,000	01 Dec 2023	22 Mar 2024	112 Days
2 Pippin Place, Wisbech, Cambridgeshire, PE13 2UQ	£285,000	£270,000	-£15,000	09 Oct 2023	19 Mar 2024	162 Days
12 Mikanda Close, Wisbech, Cambridgeshire, PE13 2TU	£140,000	£130,000	-£10,000	04 Oct 2023	15 Mar 2024	163 Days
Crossinggate Cottage, Cants Drove, Murrow, Wisbech, Cambridgeshire, PE13 4HN	£220,000	£200,000	-£20,000	07 Dec 2023	23 Feb 2024	78 Days
28 Mountbatten Drive, Leverington, Wisbech, Cambridgeshire, PE13 5AF	£195,000	£170,000	-£25,000	12 Sep 2023	19 Feb 2024	160 Days
10 Perry Road, Leverington, Wisbech, Cambridgeshire, PE13 5AB	£230,000	£227,500	-£2,500	25 Aug 2023	19 Feb 2024	178 Days
45 Queen Elizabeth Drive, Wisbech, Cambridgeshire, PE13 2JX	£220,000	£215,000	-£5,000	31 Oct 2023	16 Feb 2024	108 Days
October, Sutton Road, Four Gotes, Wisbech, Cambridgeshire, PE13 5PH	£300,000	£300,000	£00	26 Sep 2023	02 Feb 2024	129 Days
86 Colvile Road, Wisbech, Cambridgeshire, PE13 2EL	£250,000	£250,000	£00	17 Oct 2023	02 Feb 2024	108 Days
Chalford Lodge, High Road, Wisbech St Mary, Wisbech, Cambridgeshire, PE13 4RQ	£500,000	£460,000	-£40,000	05 Aug 2023	23 Jan 2024	171 Days
18 Southfields Close, Wisbech, Cambridgeshire, PE13 3XG	£200,000	£195,000	-£5,000	31 Aug 2023	19 Jan 2024	141 Days
The Conifers, Horseshoe Terrace, Wisbech, Cambridgeshire, PE13 1PY	£150,000	£147,500	-£2,500	24 Oct 2023	15 Jan 2024	83 Days
91 Chapnall Road, Wisbech, Norfolk, PE13 3TU	£210,000	£205,000	-£5,000	03 May 2023	11 Jan 2024	253 Days
10a, Burrett Gardens, Wisbech, Norfolk, PE13 3RP	£260,000	£253,000	-£7,000	13 Jun 2023	11 Jan 2024	212 Days
41 Fenland Road, Wisbech, Cambridgeshire, PE13 3QD	£240,000	£215,000	-£25,000	06 Sep 2023	05 Jan 2024	121 Days

Most Expensive Streets in PE13 (Wisbech)

Postcode	Street	Area	Average	No. of Sales
PE13 4UP	Barton Green	Wisbech	£608,333	3
PE13 5NE	Kirkgate, Tydd St Giles	Wisbech	£509,991	6
PE13 4EH	Mouth Lane, Guyhirn	Wisbech	£499,333	3
PE13 5LG	Church Lane, Tydd St Giles	Wisbech	£495,833	3
PE13 1JX	North Brink	Wisbech	£481,333	6
PE13 2HF	Bowthorpe Hall Gardens	Wisbech	£455,000	3
PE13 5QH	Common Way, Tydd St Mary	Wisbech	£454,625	8
PE13 4EP	Gull Road, Guyhirn	Wisbech	£452,500	3
PE13 2TA	Elm Road	Wisbech	£449,000	3
PE13 4NH	Goredike Bank, Gorefield	Wisbech	£421,666	3

Least Expensive Streets in PE13 (Wisbech)

Postcode	Street	Area	Average	No. of Sales
PE13 3TN	Brancaster Court, Staithe Road	Wisbech	£65,200	5
PE13 1HL	Church Mews	Wisbech	£76,452	10
PE13 4AJ	Homelands, Guyhirn	Wisbech	£95,000	5
PE13 3PU	Admirals Drive	Wisbech	£98,200	5
PE13 3BD	Mill Close	Wisbech	£106,716	6
PE13 2AL	Elizabeth Terrace	Wisbech	£109,000	7
PE13 2AS	Duke Street	Wisbech	£110,166	3
PE13 2RZ	New Drove	Wisbech	£111,500	3
PE13 3PX	Admirals Drive	Wisbech	£113,038	13
PE13 2QW	Cannon Street	Wisbech	£114,856	7