You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in PE16

House Prices in PE16

The average house price in PE16 (Chatteris) is £207,777 using HM Land Registry data.

The average property price increased by £58,776 (17.06%) over the last 5 years and increased by £11,750 (2.74%) over the last 12 months.

Over the last year, there were 137 residential property sales – a decrease of 100 transactions (-72.99%) relative to the previous year. The majority of house sales (39) were in the £184,000 - £228,000 range. Then came properties in the £140,000 - £184,000 range, where 24 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 85 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,532 (-2%).

In June 2024, there were 34 new estate agency instructions, 18 agreed home sales and 27 property price reductions.

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.

Property Market Heat Gauge for PE16 (Chatteris) - 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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
114 New Road, Chatteris, Cambridgeshire, PE16 6DB	£290,000	£280,000	-£10,000	09 Jan 2024	08 May 2024	120 Days
28 Huntingdon Road, Chatteris, Cambridgeshire, PE16 6ED	£230,000	£215,000	-£15,000	07 Oct 2023	12 Apr 2024	188 Days
3 The Shrubbery, Chatteris, Cambridgeshire, PE16 6JE	£300,000	£288,000	-£12,000	03 Oct 2023	05 Apr 2024	185 Days
32 Tern Gardens, Chatteris, Cambridgeshire, PE16 6DX	£230,000	£220,000	-£10,000	21 Sep 2023	20 Mar 2024	181 Days
55 Lode Way, Chatteris, Cambridgeshire, PE16 6TN	£260,000	£256,500	-£3,500	01 Jan 2024	18 Mar 2024	77 Days
1 Stocking Drove, Chatteris, Cambridgeshire, PE16 6SH	£425,000	£425,000	£00	02 Oct 2023	15 Mar 2024	165 Days
9 Whitemill Road, Chatteris, Cambridgeshire, PE16 6PG	£260,000	£260,000	£00	19 Dec 2023	27 Feb 2024	70 Days
37 Old Station Place, Chatteris, Cambridgeshire, PE16 6BF	£130,000	£128,000	-£2,000	21 Sep 2023	16 Feb 2024	148 Days
6 Westbourne Road, Chatteris, Cambridgeshire, PE16 6HL	£289,500	£278,000	-£11,500	28 Oct 2023	16 Feb 2024	111 Days
3 Vicarage Close, Chatteris, Cambridgeshire, PE16 6JG	£270,000	£250,000	-£20,000	14 Sep 2023	02 Feb 2024	141 Days
3 Westbourne Road, Chatteris, Cambridgeshire, PE16 6HL	£240,000	£240,000	£00	06 Oct 2023	02 Feb 2024	119 Days
20 Church Lane, Chatteris, Cambridgeshire, PE16 6JA	£380,000	£354,500	-£25,500	27 Apr 2023	30 Jan 2024	278 Days
26 St Peters Drive, Chatteris, Cambridgeshire, PE16 6BY	£375,000	£360,000	-£15,000	14 Sep 2023	18 Jan 2024	126 Days
41 Mayfly Close, Chatteris, Cambridgeshire, PE16 6PF	£200,000	£200,000	£00	13 Oct 2023	05 Jan 2024	84 Days
54 West Street, Chatteris, Cambridgeshire, PE16 6HP	£225,000	£212,000	-£13,000	31 Aug 2023	05 Jan 2024	127 Days
48b, Victoria Street, Chatteris, Cambridgeshire, PE16 6AP	£225,000	£215,000	-£10,000	18 Oct 2023	15 Dec 2023	58 Days
1 The Pastures, Chatteris, Cambridgeshire, PE16 6QS	£330,000	£312,500	-£17,500	18 Jul 2023	15 Dec 2023	150 Days
37 St Pauls Drive, Chatteris, Cambridgeshire, PE16 6DG	£190,000	£185,000	-£5,000	07 Sep 2023	14 Dec 2023	98 Days
9 Heronshaw, Chatteris, Cambridgeshire, PE16 6TR	£250,000	£240,000	-£10,000	06 Jul 2023	11 Dec 2023	158 Days
25 Wimpole Street, Chatteris, Cambridgeshire, PE16 6ND	£200,000	£182,500	-£17,500	08 Sep 2023	08 Dec 2023	91 Days

Most Expensive Streets in PE16 (Chatteris)

Postcode	Street	Area	Average	No. of Sales
PE16 6US	Albert Way	Chatteris	£582,500	4
PE16 6TB	George Way	Chatteris	£545,000	4
PE16 6HY	Juniper Drive	Chatteris	£403,333	3
PE16 6UA	Doddington Road	Chatteris	£394,214	7
PE16 6RU	Eastwood	Chatteris	£389,500	5
PE16 6UZ	Iretons Way	Chatteris	£372,375	4
PE16 6UY	Tribune Close	Chatteris	£363,916	6
PE16 6JF	St Martins Road	Chatteris	£356,333	3
PE16 6NW	Ravenscroft	Chatteris	£355,000	3
PE16 6UR	Cricketers Way	Chatteris	£352,142	7

Least Expensive Streets in PE16 (Chatteris)

Postcode	Street	Area	Average	No. of Sales
PE16 6NZ	Hereward Court, Railway Lane	Chatteris	£87,666	3
PE16 6NR	Pecks Court	Chatteris	£102,437	4
PE16 6DS	Chantry Close	Chatteris	£120,500	4
PE16 6BF	Old Station Place	Chatteris	£123,011	21
PE16 6PW	Lindsells Walk	Chatteris	£124,888	9
PE16 6ES	Burnsfield Street	Chatteris	£134,357	7
PE16 6EN	Treeway	Chatteris	£139,083	6
PE16 6ET	Burnsfield Estate	Chatteris	£145,500	5
PE16 6DY	Furrowfields Road	Chatteris	£151,583	6
PE16 6PS	Meadow Close	Chatteris	£153,500	4