11, Penny Lane
11, Penny Lane
Description & Estimates
Public records show 11, Penny Lane, Chatteris to be a modern freehold house with 1,216 ft2 of internal area, sitting on a 227 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
11, Penny Lane, Chatteris has an estimated sale value of £171,490 and an estimated rental value of £878 per month, assuming reasonable condition and based on the information available.
Penny Lane, Chatteris, PE16 lies in the borough of Fenland, within the PE16 postal district.
Our Data Sources
11, Penny Lane, Chatteris has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated February 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 11, Penny Lane, Chatteris would be worth £180,064, with a potential rental value of £922 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £159,485, with a rental value of £817 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 11, Penny Lane, Chatteris has decreased by £3,351 (2.0%) over the last year. During the same period, its estimated monthly rental value has grown by £12 (1.3%). The property's estimated gross yield is currently 6.1%.
Plot Size
11, Penny Lane, Chatteris occupies a 227 m2 plot as recorded by HM Land Registry.
Of the 5 other houses in this postcode, 1 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
11, Penny Lane, Chatteris has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
11, Penny Lane, Chatteris last changed hands on 31st March 2016, selling for £125,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 38.1% since March 2016.
- Sold Mar 2016£125,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 900 metres of 11, Penny Lane, Chatteris across the last 2 years.
Most recently, 58, Bridge Street, Chatteris, PE16 6RN, a freehold house, sold at £225,000 on the 13th November 2024.
Read more about house prices in PE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 11, Penny Lane, Chatteris as the 5th largest and the 5th most expensive of the 5 addresses on Penny Lane, Chatteris, PE16.
Against the PE16 postcode district average, it is £69k less expensive than the typical property.
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Schools Nearby
- 600mKingsfield Primary School
- 1.1kmGlebelands Primary Academy
- 4.1kmLionel Walden Primary School
- 8.9kmNeale-Wade Academy
- 9.7kmAbbey College, Ramsey
- 13.9kmWitchford Village College
More reading links
Public Transport Nearby
Manea station is the nearest stop to 11, Penny Lane, Chatteris at 9.9 kilometres away.
- 9.9kmManea
- 11.4kmMarch
- 14.7kmWhittlesea
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
