According to the public record, Salara, Wisbech is a period house with 1,108 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Basin Road, Outwell, Wisbech, PE14 is located in the borough of King's Lynn and West Norfolk within the PE14 postal district.
Salara, Wisbech has no recent1 records in the Land Registry database and 2 entries in the EPC database, most recently in August 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Salara Wisbech as £276,881 and the rental value as £1,220 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Salara Wisbech has increased by £2,922 (1.1%) and its rental value has decreased by £13 per month (1.1%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Salara, Wisbech is in very good condition we estimate a sale value of £290,725 and rental value of £1,281 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,499 and a rental value of £1,135 per month.
If you were able to purchase this property for the estimated value of £276,881, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,361 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Salara, Wisbech was last sold on 22 Nov 1996 for £48,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Salara, Wisbech within a radius of 202m over the last 2 years.
The most recent example is Marcol, Basin Road, Wisbech, PE14 8TQ, a Freehold house which sold for £220,000 in Nov 2023.
Read more about house prices in PE14.
Basin Road, Outwell, Wisbech, PE14 has a total of 41 addresses. According to our analysis of all the public data, Salara, Wisbech is the 26th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in PE14.
Salara, Wisbech has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Salara, Wisbech is Downham Market station which is 9.4 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Salara, Wisbech, 52.8% of property is privately owned outright and 31.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Salara, Wisbech, 15.6% of residents are recorded as possessing school level qualifications and 19.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Salara, Wisbech, the average age was 45 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Salara, Wisbech, 1.1% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Salara, Wisbech, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.