2, MEDWAY CLOSE, WISBECH, PE13 2LA - £165,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MEDWAY CLOSE is a terraced house, which could now be worth an estimated £249,585. It was last sold for £165,000 in July 2008, which was around 55% above the average July 2008 terraced price in the Fenland local authority area.

2 MEDWAY CLOSE Sold Prices

Land registry data shows two sales for 2 MEDWAY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Fenland local authority area for the corresponding sale date. Both of the two 2 MEDWAY CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2008 4 JUL	£165,000	£106,495	55% above HPI
2007 21 FEB	£162,500	£103,358	57% above HPI

What might 2 MEDWAY CLOSE be worth now?

2 MEDWAY CLOSE might now be worth an estimated £249,585.

This is based on house price inflation of 51.3%, between July 2008 and May 2026, for terraced houses, in the Fenland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.3% inflationary increase is applied to the most recent sale price for 2 MEDWAY CLOSE of £165,000 on 4th July 2008. For the value to have increased from £165,000 to £249,585 over the eighteen years and two months to May 2026, the following assumptions must hold true:

• The value of 2 MEDWAY CLOSE has moved in line with the HPI for terraced houses in the Fenland local authority area.
• The July 2008 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MEDWAY CLOSE has not materially changed since July 2008.

Where is 2 MEDWAY CLOSE?

2 MEDWAY CLOSE is located in WISBECH, in the PE13 postcode district.