Chatteris

Area Guide For Chatteris

Chatteris is a civil parish and one of four market towns in the Fenland district of Cambridgeshire, England, situated in The Fens between Huntingdon, March and Ely. The town is in the North East Cambridgeshire parliamentary constituency. Mentioned in the Domesday Book of 1086, the town has evidence of continuous settlement from the Neolithic period and is locally reputed to have been the last refuge of Boudica as she fled from the Romans. The parish of Chatteris is large, covering 6,099 hectares, and for much of its history was a raised island in the low-lying wetland of the Fens. Following the draining of the Fens, beginning in the 17th century and completed in the 19th century, the town has become a centre of agriculture and related industry. According to the United Kingdom Census 2001, the town has a population of 8,820 although this is likely to be much higher due to extensive housing developments since the census was taken. Furthermore, due to its proximity to Cambridge, Huntingdon and Peterborough, the town has emerged as a commuter town. Chatteris's name probably derives from the Anglo-Saxon Caeteric Ceto meaning a wood and Ric, a river, although it may also

 
 

Chatteris Map

Estimated Price: £170,957
Average Asking Price: £191,842
Price change in last one year: £16,056
Average Price Paid: £147,106
Average Rent Rates: £531

 
 

Property Prices Breakdown in Chatteris

Average Price for property in Chatteris is around £170,957 which varies based on type of property you are interested in and ranges from £230,937 for detached house to around £147,062 for semi-detached. Similarly terraced house is around £125,658 and a flat is worth £93,624. Values have been changing and have risen £1,365 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,308 in last 6 months, £16,056 in last 1 year, £23,458 in last 2 years, £20,409 in last 3 years, £22,359 in last 4 years and £17,955 in last 5 years.

Currently average asking price of a property in Chatteris is around £191,842 based on approximately 234 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £531 per month.

Estimated property value in Chatteris is £170,957. Average asking price is £191,842 while average price paid is £152,477 which is up by £16,056 and Avg. asking rent £531.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Chatteris area. In last 1 year alone average price buyer paid is around £152,477 based on approximately 234 sales in Chatteris area alone. If you compare it to last 3 years sales of 653 properties where buyers paid around £146,768. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £147,106 for 998 and average amount paid for purchase of approx. 1,303 properties sold in last 7 years comes to about £146,578 per sale.

 
 

Properties For Sale in Chatteris

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £143,063, £177,370 for a 3 bedroom house, £259,124 for a 4 bedroom house and £344,362 for a 5 bedroom house. For a flat similarly the prices varies from £69,987 for a single bedroom to £110,000 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £145,000. To sum up the asking prices for properties in Chatteris it comes to around average £69,987 for 1 bedroom property, £140,996 for 2 bedroom, £176,580 for 3 bedroom, £259,124 for 4 bedroom and £344,362 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £477 for 1 bedroom to £517 for 2 bedroom and £600 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £425. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £477. You should be generally be expecting around average £451 rent per month for single bedroom property, £507 for 2 bedroom and approximately £600 for 3 bedroom property in Chatteris area.

Popular Houses in Chatteris

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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