Lode Way, Chatteris, Cambs, PE16 6TN
T Payne & Co Ltd logo

Lode Way, Chatteris, Cambs, PE16 6TN

By T Payne & Co Ltd

£ 240,000

Reviews

3 out of 5 stars

T Payne & Co Ltd says ..

Town Location, Link Detached House, 3 Bedrooms, Kitchen, Lounge, En-suite To Master, Bathroom & WC, Rear Garden, Garage & Driveway, No Upward Chain, Call To View

Property Oracle says ..

The property is located in Lode Way, Chatteris, Cambridgeshire. While the provided data doesn’t offer detailed insights into the immediate vicinity’s amenities, the presence of several nearby primary and secondary schools (Chatteris Child And Family Centre, Kingsfield Primary School, Glebelands Primary Academy, Cromwell Community College, and Lionel Walden Primary School) suggests reasonable access to education. However, the Ofsted ratings for these schools vary, with Kingsfield Primary School currently in special measures, a factor potential buyers should consider. Further information on local transport links and other amenities would be beneficial in providing a more comprehensive location assessment.

Based on the provided images, the property appears to be in generally good condition. The interior shows evidence of some modernisation, with updated flooring and kitchen units. However, some areas, such as the bathrooms, appear slightly dated and could benefit from some minor upgrades. The exterior is well-maintained, with a brick facade and a sizable garden. Overall, the property doesn’t seem to require significant renovation, though some cosmetic improvements could enhance its appeal.

The property boasts a sizable plot of 1,067.78 square feet, which is larger than the average plot size in the area. The garden, as shown in the images, offers ample space for outdoor activities and relaxation. The presence of a shed and other outbuildings further increases the property’s utility.

The list price of £240,000 is slightly below the average price of £218,742 for properties in the area. However, the average price per square foot is £312, while this property’s price per square foot is approximately £421.50. Considering the property’s seemingly good condition, relatively large plot size, and the presence of a garage, the price seems reasonably competitive, though further analysis of comparable properties in the immediate vicinity would be necessary to confirm its value. The nearby listings show a range of prices, with some properties exceeding £240,000. This suggests that the list price might be slightly undervalued, but more detailed comparable data is needed for a conclusive assessment.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
6
Land
8
Bedrooms
3
Bathrooms
2
Sqft (est)
569.41
Lot (est)
1,067.78

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
257,476.00 £
Increased by 20.60 %
from 213,489.00 £
Est sale value
279,580.31 £
Increased by 49.24 %
from 187,335.89 £
Average area rental value
1,276.00 £/mo
Increased by 2.82 %
from 1,241.00 £/mo
Est letting value
1,138.82 £/mo
Increased by 100.00 %
from 569.41 £/mo
Est rental Yield
5.95 %
Decreased by 14.76 %
from 6.98 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • T Payne & Co Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Chatteris Child And Family CentreChildren's Centre0.71 KM
Kingsfield Primary SchoolAcademy Sponsor LedSpecial Measures0.76 KM
Glebelands Primary AcademyAcademy ConverterGood1.08 KM
Cromwell Community CollegeAcademy ConverterGood1.33 KM
Lionel Walden Primary SchoolCommunity SchoolGood4.36 KM

Images

IMG_0087 IMG_0042 IMG_0045 IMG_0048 IMG_0050 IMG_0054 IMG_0057 IMG_0066 IMG_0064 IMG_0071 IMG_0074 IMG_0068 IMG_0034 IMG_0038

Nearby Streets

NameAverage PriceAverage SqftDistance
Sycamore Crescent £ 240,00000.00 KM
Plover Close £ 160,00000.00 KM
Parkers Close £ 315,00000.00 KM
The Grove £ 260,00000.00 KM
Station Street £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lode Way, Chatteris, Cambs, PE16 6TN £ 240,000BUY7 / 100.00 KM
Lode Way, Chatteris £ 340,000BUY7 / 100.00 KM
Lode Way, Chatteris, Cambs, PE16 6TN £ 225,000BUY5 / 100.00 KM
Lode Way, Chatteris, Cambs, PE16 6TN £ 250,000BUY6 / 100.00 KM
Lode Way, Chatteris, Cambs., PE16 6TN £ 310,000BUY7 / 100.00 KM

Nearby Properties

AddressPriceDistance
23 Lode Way £ 265,0000.00 KM
56 Lode Way £ 180,0000.00 KM
28 Lode Way £ 275,0000.00 KM
20 Lode Way £ 185,0000.00 KM
53 Lode Way £ 287,5000.00 KM