2 Reed Close

    2, REED CLOSE, CHATTERIS, PE16 6PD

    This terraced freehold property on Reed Close last sold in January 2015 for £120,000. Based on price growth in the PE16 district since then, its estimated current value is £183,406 — placing it in the 20th percentile nationally and the 21st percentile within PE16. The property covers 56 m² (603 sq ft), giving an estimated value of £3,275 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £120,000

    Jan 2015

    Estimated Valuation

    £183,406

    Est. £/sq ft

    £304/sq ft

    £3,275/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateOct 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Jan 2015

    £120,000

    21 Sept 2006

    £120,000

    2 Sept 2002

    £79,950

    19 Nov 1999

    £48,000

    Key Metrics

    Estimated valuation£183,406
    Value per sq ft / m²£304/sq ft (£3,275/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE16 district percentile21st percentile
    National percentile20th percentile

    District Context — PE16

    PE16 covers the market towns and villages of south Cambridgeshire and north-west Norfolk, including Downham Market and surrounding rural areas. It is characterised by a mixed economy of agriculture, light industry, and commuter settlements with strong community ties.

    Average Property Price - PE16

    £254,603

    29

    National percentile

    Average Net Household Income - PE16

    £38,261

    51

    National percentile

    10-Year Annualised Price Growth - PE16

    4.9%

    88

    National percentile

    10-Year Annualised Rent Growth - PE

    4.2%

    68

    National percentile

    View full analysis for PE16

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