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Chatteris House Prices Chatteris House Prices

The average house price in Chatteris is £267,142 using HM Land Registry data.

The average property price increased by £62,281 (31.84%) over the last 5 years and increased by £12,448 (5.07%) over the last 12 months.

Over the last year, there were 138 residential property sales – a decrease of 112 transactions (-81.16%) relative to the previous year. The majority of house sales (37) were in the £184,000 - £228,000 range. Then came properties in the £228,000 - £272,000 range, where 26 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 97 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,532 (-2%).

In April 2024, there were 39 new estate agency instructions, 25 agreed home sales and 28 property price reductions.

Postcodes Covered: PE16

5-Year Average Property Prices in Chatteris

31.84%

Property prices in Chatteris increased by 31.84% 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 Chatteris Over the Last Year

5.07%

Property prices in Chatteris increased by 5.07% 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 Chatteris - April 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 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 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 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 Chatteris since 1995

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

Recent Property Sales in Chatteris

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
37 Old Station Place, Chatteris, Cambridgeshire, PE16 6BF£130,000£128,000-£2,00021 Sep 202316 Feb 2024148 Days
6 Westbourne Road, Chatteris, Cambridgeshire, PE16 6HL£289,500£278,000-£11,50028 Oct 202316 Feb 2024111 Days
3 Vicarage Close, Chatteris, Cambridgeshire, PE16 6JG£270,000£250,000-£20,00014 Sep 202302 Feb 2024141 Days
20 Church Lane, Chatteris, Cambridgeshire, PE16 6JA£380,000£354,500-£25,50027 Apr 202330 Jan 2024278 Days
48b, Victoria Street, Chatteris, Cambridgeshire, PE16 6AP£225,000£215,000-£10,00018 Oct 202315 Dec 202358 Days
1 The Pastures, Chatteris, Cambridgeshire, PE16 6QS£330,000£312,500-£17,50018 Jul 202315 Dec 2023150 Days
37 St Pauls Drive, Chatteris, Cambridgeshire, PE16 6DG£190,000£185,000-£5,00007 Sep 202314 Dec 202398 Days
9 Heronshaw, Chatteris, Cambridgeshire, PE16 6TR£250,000£240,000-£10,00006 Jul 202311 Dec 2023158 Days
25 Wimpole Street, Chatteris, Cambridgeshire, PE16 6ND£200,000£182,500-£17,50008 Sep 202308 Dec 202391 Days
42 Lode Way, Chatteris, Cambridgeshire, PE16 6TN£220,000£220,000£0024 Jul 202324 Nov 2023123 Days
64 Angoods Lane, Chatteris, Cambridgeshire, PE16 6RG£193,000£188,000-£5,00028 Apr 202324 Nov 2023210 Days
49 West Street, Chatteris, Cambridgeshire, PE16 6HP£290,000£285,000-£5,00020 Jun 202324 Nov 2023157 Days
29 Old Station Place, Chatteris, Cambridgeshire, PE16 6BF£130,000£125,500-£4,50031 May 202320 Nov 2023173 Days
1 Anvil Close, Chatteris, Cambridgeshire, PE16 6DP£375,000£360,000-£15,00003 Aug 202310 Nov 202399 Days
38 Curlew Avenue, Chatteris, Cambridgeshire, PE16 6PL£180,000£170,000-£10,00017 Aug 202310 Nov 202385 Days
35 Whitemill Road, Chatteris, Cambridgeshire, PE16 6PG£180,000£171,000-£9,00023 Aug 202310 Nov 202379 Days
22 Linden Drive, Chatteris, Cambridgeshire, PE16 6DZ£325,000£315,000-£10,00002 May 202309 Nov 2023191 Days
19g, Station Street, Chatteris, Cambridgeshire, PE16 6NB£275,000£275,000£0017 Jul 202309 Nov 2023115 Days
24 West Street, Chatteris, Cambridgeshire, PE16 6HA£160,000£160,000£0021 Mar 202308 Nov 2023232 Days
32 Wenny Road, Chatteris, Cambridgeshire, PE16 6UT£300,000£295,000-£5,00015 Aug 202306 Nov 202383 Days

Most Expensive Streets in Chatteris

PostcodeStreetAreaAverageNo. of Sales
PE16 6USAlbert WayChatteris£582,5004
PE16 6TBGeorge WayChatteris£545,0004
PE16 6HYJuniper DriveChatteris£403,3333
PE16 6UADoddington RoadChatteris£394,2147
PE16 6RUEastwoodChatteris£389,5005
PE16 6UYTribune CloseChatteris£363,9166
PE16 6JFSt Martins RoadChatteris£356,3333
PE16 6NWRavenscroftChatteris£355,0003
PE16 6URCricketers WayChatteris£352,1427
PE16 6LULondon RoadChatteris£345,0005

Least Expensive Streets in Chatteris

PostcodeStreetAreaAverageNo. of Sales
PE16 6NZHereward CourtRailway Lane£87,6663
PE16 6PWLindsells WalkChatteris£101,1258
PE16 6NRPecks CourtChatteris£102,4374
PE16 6DSChantry CloseChatteris£120,5004
PE16 6BFOld Station PlaceChatteris£122,05622
PE16 6ESBurnsfield StreetChatteris£134,3577
PE16 6ETBurnsfield EstateChatteris£145,5005
PE16 6RDBridge StreetChatteris£149,7504
PE16 6ENTreewayChatteris£150,1005
PE16 6DYFurrowfields RoadChatteris£151,5836

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