3 Reed Close

    3, REED CLOSE, CHATTERIS, PE16 6PD

    This terraced freehold property on Reed Close last sold in May 2021 for £125,000. Based on price growth in the PE16 district since then, its estimated current value is £137,322 — placing it in the 10th percentile nationally and the 6th percentile within PE16. The property covers 51 m² (549 sq ft), giving an estimated value of £2,693 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £125,000

    May 2021

    Estimated Valuation

    £137,322

    Est. £/sq ft

    £250/sq ft

    £2,693/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area549 sq ft (51 m²)
    EPC dateDec 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 May 2021

    £125,000

    7 Oct 2004

    £90,000

    Key Metrics

    Estimated valuation£137,322
    Value per sq ft / m²£250/sq ft (£2,693/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE16 district percentile6th percentile
    National percentile10th 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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