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House Prices in PE16 House Prices in PE16 (Chatteris)

The average house price in PE16 (Chatteris) is £236,428 using HM Land Registry data.

The average property price increased by £52,197 (17.06%) over the last 5 years and increased by £10,458 (2.74%) over the last 12 months.

Over the last year, there were 116 residential property sales – a decrease of 83 transactions (-71.55%) relative to the previous year. The majority of house sales (26) were in the £160,000 - £200,000 range. Then came properties in the £200,000 - £240,000 range, where 26 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 124 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,957 (-3%).

In December 2024, there were 24 new estate agency instructions, 8 agreed home sales and 19 property price reductions.

Nearby Postcodes: CB23, CB24, CB25, CB6, CB7, MK44, NN14, NN9, PE13, PE14, PE15, PE19, PE26, PE27, PE28, PE29, PE38, PE7, PE8

5-Year Average Property Prices in PE16 (Chatteris)

17.06%

Property prices in PE16 (Chatteris) increased by 17.06% 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 PE16 (Chatteris) Over the Last Year

2.74%

Property prices in PE16 (Chatteris) increased by 2.74% 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 PE16 (Chatteris) - December 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 PE16 (Chatteris)

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 PE16 (Chatteris)

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 PE16 (Chatteris)

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 PE16 (Chatteris) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PE16 postcode area since 1995.

Recent Sales in PE16 (Chatteris)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
20 Lindsells Walk, Chatteris, Cambridgeshire, PE16 6PW£170,000£160,000-£10,00017 Jun 202415 Nov 2024151 Days
9 Harold Heading Close, Chatteris, Cambridgeshire, PE16 6TL£230,000£225,000-£5,00010 Apr 202411 Nov 2024215 Days
8 Eastwood, Chatteris, Cambridgeshire, PE16 6RU£350,000£335,000-£15,00014 May 202430 Oct 2024169 Days
5 Delve Terrace, Chatteris, Cambridgeshire, PE16 6BZ£220,000£215,000-£5,00015 May 202430 Oct 2024168 Days
9 Boadicea Court, Chatteris, Cambridgeshire, PE16 6BN£500,000£480,000-£20,00015 May 202429 Oct 2024167 Days
22 St Pauls Drive, Chatteris, Cambridgeshire, PE16 6DG£230,000£230,000£005 Aug 202428 Oct 202484 Days
11 Eastwood, Chatteris, Cambridgeshire, PE16 6RX£500,000£410,000-£90,00013 May 202425 Oct 2024165 Days
12 Lindsells Walk, Chatteris, Cambridgeshire, PE16 6PW£150,000£140,000-£10,00012 Jun 202417 Oct 2024127 Days
36 Burnsfield Estate, Chatteris, Cambridgeshire, PE16 6ET£190,000£174,000-£16,00003 Jun 202414 Oct 2024133 Days
5 Drake Avenue, Chatteris, Cambridgeshire, PE16 6DU£195,000£195,000£008 May 202430 Sep 2024145 Days
24 Reed Close, Chatteris, Cambridgeshire, PE16 6PD£170,000£170,000£030 May 202427 Sep 2024120 Days
37 Fairway, Chatteris, Cambridgeshire, PE16 6SX£215,000£205,000-£10,00005 Jul 202427 Sep 202484 Days
42 Tern Gardens, Chatteris, Cambridgeshire, PE16 6DX£180,000£175,000-£5,00003 May 202427 Sep 2024147 Days
19 Larham Way, Chatteris, Cambridgeshire, PE16 6PH£310,000£305,000-£5,00027 Jun 202420 Sep 202485 Days
63 London Road, Chatteris, Cambridgeshire, PE16 6LW£245,000£225,000-£20,00010 Jun 202420 Sep 2024102 Days
20 Wesley Drive, Chatteris, Cambridgeshire, PE16 6DQ£300,000£300,000£001 Jun 202417 Sep 2024108 Days
40 Lode Way, Chatteris, Cambridgeshire, PE16 6TN£200,000£200,000£023 Jul 202417 Sep 202456 Days
20 The Elms, Chatteris, Cambridgeshire, PE16 6JN£200,000£192,500-£7,50003 Jun 202417 Sep 2024106 Days
20 Horsegate Gardens, Chatteris, Cambridgeshire, PE16 6NH£235,000£220,000-£15,00001 Feb 202413 Sep 2024225 Days
21 Wimpole Street, Chatteris, Cambridgeshire, PE16 6ND£210,000£210,000£028 Mar 202409 Aug 2024134 Days

Most Expensive Streets in PE16 (Chatteris)

PostcodeStreetAreaAverageNo. of Sales
PE16 6USAlbert WayChatteris£582,5004
PE16 6TBGeorge WayChatteris£543,3333
PE16 6HYJuniper DriveChatteris£406,5005
PE16 6RUEastwoodChatteris£389,5005
PE16 6UYTribune CloseChatteris£371,7005
PE16 6SFLondon RoadChatteris£369,4725
PE16 6UADoddington RoadChatteris£368,2506
PE16 6JFSt Martins RoadChatteris£356,3333
PE16 6URCricketers WayChatteris£352,1427
PE16 6LULondon RoadChatteris£345,0005

Least Expensive Streets in PE16 (Chatteris)

PostcodeStreetAreaAverageNo. of Sales
PE16 6NZHereward Court, Railway LaneChatteris£87,6663
PE16 6NRPecks CourtChatteris£102,4374
PE16 6DSChantry CloseChatteris£122,4005
PE16 6BFOld Station PlaceChatteris£125,51122
PE16 6ESBurnsfield StreetChatteris£130,5005
PE16 6PWLindsells WalkChatteris£133,4287
PE16 6ENTreewayChatteris£139,0836
PE16 6DYFurrowfields RoadChatteris£151,5836
PE16 6PSMeadow CloseChatteris£153,5004
PE16 6NLAsh GroveChatteris£155,0006

Explore PE16 (Chatteris) using map

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