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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Gipson Close, Chatteris is £291,141 and the estimated rental value is £1,130 per month.
Gipson Close, Chatteris, PE16 is located in the borough of Fenland within the PE16 postal district.
4, Gipson Close, Chatteris has 41 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated April 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 4, Gipson Close, Chatteris is in very good condition we estimate a sale value of £305,698 and a rental value of £1,187 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,761 and a rental value of £1,051 per month.
Over the last 12 months the sale value of 4 Gipson Close Chatteris has decreased by an estimated £2,905 (1.0%) and its rental value has increased by an estimated £15 per month (1.3%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 4, Gipson Close, Chatteris sits on a plot of 321m2.
We have plot size data on 6 out of 8 other houses in the postcode and 4, Gipson Close, Chatteris sits on the 5th largest plot.
4, Gipson Close, Chatteris has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Apr 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Gipson Close, Chatteris was last sold on 11th March 2021 for £250,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since March 2021, the market for similar properties has risen 14.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Gipson Close, Chatteris within a radius of 660 metres over the last 2 years.
The most recent example is 2, Larham Way, Chatteris, PE16 6PH, a freehold house which sold for £327,000 on the 26th July 2022.
Read more about house prices in PE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gipson Close, Chatteris, PE16 has a total of 8 addresses. According to our analysis of all the public data, 4, Gipson Close, Chatteris is the 6th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £46k more expensive than the average property in PE16.
The closest station to 4, Gipson Close, Chatteris is Manea station which is 10.2 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 4, Gipson Close, Chatteris, 37.3% of property is socially rented and 27.9% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 4, Gipson Close, Chatteris, 18.5% of residents are recorded as possessing school level qualifications and 19.9% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 4, Gipson Close, Chatteris, the average age was 42.1 and the most common age was 52.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 4, Gipson Close, Chatteris, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 4, Gipson Close, Chatteris, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.