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House Prices in PE16 House Prices in PE16 (Chatteris)

The average house price in PE16 (Chatteris) is £207,166 using HM Land Registry data.

The average property price increased by £56,219 (17.06%) over the last 5 years and increased by £11,265 (2.74%) over the last 12 months.

Over the last year, there were 124 residential property sales – a decrease of 70 transactions (-56.45%) relative to the previous year. The majority of house sales (33) were in the £184,000 - £228,000 range. Then came properties in the £228,000 - £272,000 range, where 25 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 62 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,532 (-2%).

In Oct 24, there were 42 new estate agency instructions, 26 agreed home sales and 37 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 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 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) - Oct 24

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 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
21 Wimpole Street, Chatteris, Cambridgeshire, PE16 6ND£210,000£210,000£0028 Mar 202409 Aug 2024134 Days
Radley House, Dock Road, Chatteris, Cambridgeshire, PE16 6RE£300,000£295,000-£5,00015 Apr 202401 Aug 2024108 Days
6 Grenadiers Drive, Chatteris, Cambridgeshire, PE16 6TW£175,000£172,000-£3,00026 Jan 202426 Jul 2024182 Days
5 Ravenscroft, Chatteris, Cambridgeshire, PE16 6NW£310,000£300,000-£10,00001 Mar 202412 Jul 2024133 Days
18 The Elms, Chatteris, Cambridgeshire, PE16 6JN£200,000£200,000£0018 Apr 202405 Jul 202478 Days
42a, Tithe Road, Chatteris, Cambridgeshire, PE16 6SL£245,000£240,000-£5,00010 Jan 202426 Jun 2024168 Days
53 Lode Way, Chatteris, Cambridgeshire, PE16 6TN£300,000£287,500-£12,50025 Jan 202421 Jun 2024148 Days
18 The Orchards, Chatteris, Cambridgeshire, PE16 6BX£300,000£298,500-£1,50010 Feb 202421 Jun 2024132 Days
32a, New Road, Chatteris, Cambridgeshire, PE16 6BW£330,000£310,000-£20,00030 Aug 202321 Jun 2024296 Days
7 West Park Street, Chatteris, Cambridgeshire, PE16 6AL£425,000£410,000-£15,00006 Feb 202417 Jun 2024132 Days
22 St Stephens Drive, Chatteris, Cambridgeshire, PE16 6EU£215,000£190,000-£25,00026 Sep 202314 Jun 2024262 Days
95 The Elms, Chatteris, Cambridgeshire, PE16 6JW£235,000£233,000-£2,00001 Jan 202412 Jun 2024163 Days
19 Hunters Close, Chatteris, Cambridgeshire, PE16 6BD£345,000£345,000£0011 Oct 202311 Jun 2024244 Days
3 Joshua Close, Chatteris, Cambridgeshire, PE16 6QU£185,000£170,000-£15,00009 Jan 202407 Jun 2024150 Days
42 New Road, Chatteris, Cambridgeshire, PE16 6BT£145,000£140,000-£5,00015 Feb 202431 May 2024106 Days
24 Fairview Drive, Chatteris, Cambridgeshire, PE16 6QH£260,000£257,000-£3,00026 Feb 202431 May 202495 Days
3 Railway Lane, Chatteris, Cambridgeshire, PE16 6NF£190,000£173,000-£17,00025 Oct 202324 May 2024212 Days
34 Farriers Gate, Chatteris, Cambridgeshire, PE16 6AY£250,000£240,000-£10,00017 Aug 202324 May 2024281 Days
114 New Road, Chatteris, Cambridgeshire, PE16 6DB£290,000£280,000-£10,00009 Jan 202408 May 2024120 Days
2 Church Lane, Chatteris, Cambridgeshire, PE16 6JA£475,000£465,000-£10,00009 Jan 202408 May 2024120 Days

Most Expensive Streets in PE16 (Chatteris)

PostcodeStreetAreaAverageNo. of Sales
PE16 6USAlbert WayChatteris£582,5004
PE16 6TBGeorge WayChatteris£543,3333
PE16 6UZIretons WayChatteris£431,5003
PE16 6HYJuniper DriveChatteris£401,8754
PE16 6RUEastwoodChatteris£389,5005
PE16 6UADoddington RoadChatteris£368,2506
PE16 6UYTribune CloseChatteris£363,9166
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£120,5004
PE16 6BFOld Station PlaceChatteris£125,05622
PE16 6ESBurnsfield StreetChatteris£129,5836
PE16 6PWLindsells WalkChatteris£133,4287
PE16 6ENTreewayChatteris£139,0836
PE16 6ETBurnsfield EstateChatteris£146,8754
PE16 6DYFurrowfields RoadChatteris£151,5836
PE16 6PSMeadow CloseChatteris£153,5004

Explore PE16 (Chatteris) using map

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