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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 5, Reed Close, Chatteris is a modern freehold house with 484 ft2 of internal area and sits on a 85.6 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Reed Close, Chatteris is £144,622 and the estimated rental value is £753 per month.
Reed Close, Chatteris, PE16 is located in the borough of Fenland within the PE16 postal district.
5, Reed Close, Chatteris has a single entry in the Land Registry from January 2012 and a single entry in the EPC database dated December 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 5, Reed Close, Chatteris is in very good condition we estimate a sale value of £151,853 and a rental value of £790 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,498 and a rental value of £700 per month.
Over the last 12 months the sale value of 5 Reed Close Chatteris has decreased by an estimated £820 (0.6%) and its rental value has increased by an estimated £12 per month (1.6%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 5, Reed Close, Chatteris sits on a plot of 86m2.
We have plot size data on 25 out of 31 other houses in the postcode and 5, Reed Close, Chatteris sits on the 25th largest plot.
5, Reed Close, Chatteris has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Dec 2013.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Reed Close, Chatteris was last sold on 12th January 2012 for £80,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2012, the market for similar properties has risen 88.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Reed Close, Chatteris within a radius of 770 metres over the last 2 years.
The most recent example is 12, Reed Close, Chatteris, PE16 6PD, a freehold house which sold for £150,000 on the 26th November 2021.
Read more about house prices in PE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reed Close, Chatteris, PE16 has a total of 31 addresses. According to our analysis of all the public data, 5, Reed Close, Chatteris is the 31st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in PE16.
The closest station to 5, Reed Close, Chatteris is Manea station which is 10.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Reed Close, Chatteris, 48.8% of property is privately owned with a mortgage and 28.7% is privately owned outright.
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 5, Reed Close, Chatteris, 17.9% of residents are recorded as possessing school level qualifications and 25.3% 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 5, Reed 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 5, Reed Close, Chatteris, 1.6% 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 5, Reed Close, Chatteris, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
