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71, Station Street, Chatteris is recorded publicly as a modern leasehold apartment across 452 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 71, Station Street, Chatteris is £98,158 and its rental estimate is £534 per month, given the available information and assuming reasonable condition.
Station Street, Chatteris, PE16 falls within the PE16 postal district, in the borough of Fenland.
71, Station Street, Chatteris has 2 entries in the Land Registry , most recently in August 2020 and a single entry in the EPC database dated February 2020.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 71, Station Street, Chatteris, we estimate a market value of £103,065 and a rental value of £561 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £91,286 and £497 per month respectively.
Over the last year, 71, Station Street, Chatteris has seen its estimated sale value decline by £340 (0.3%) and its estimated rental value climb by £16 per month (3.0%). This results in an estimated gross rental yield of 6.5%.
71, Station Street, Chatteris has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Feb 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
The most recent sale of 71, Station Street, Chatteris completed on 12th August 2020 at £71,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 7.7% over the period since August 2020.
Over the past 2 years 3 properties similar to 71, Station Street, Chatteris have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th May 2023, was 8, Old Station Place, Chatteris, PE16 6BF, a leasehold flat which sold for £112,500.
Read more about house prices in PE16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 97 addresses on Station Street, Chatteris, PE16, 71, Station Street, Chatteris comes out as the 89th largest and the 89th most expensive in our analysis of the public data.
It is also £142k less expensive than the average property across the PE16 district.
From 71, Station Street, Chatteris, the nearest station is Manea, 10.4 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 71, Station Street, Chatteris, 34.6% of property is privately owned with a mortgage and 23.4% is privately rented.
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 71, Station Street, Chatteris, 21.7% of residents are recorded as possessing school level qualifications and 21.9% 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 71, Station Street, 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 71, Station Street, Chatteris, 0.4% 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 71, Station Street, 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.