Housing Market Analysis for OTAGO CLOSE, PE7 1YL

Are you looking to understand PE7 1YL house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Fenland postcode.

For the location information and nearby amenities in the PE7 1YL area, explore the PE7 1YL Area information page.
For comprehensive crime statistics in the PE7 1YL area, explore the PE7 1YL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PE7 1YL postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £107,614 median price is £115,000 Standard Deviation is £50,666 with Total Sold: 35
- The Last 5 Year average price is £178,427 with Total Sold: 7
- The most recent sale happened at this postcode is 16 OTAGO CLOSE: £184,000 (Sold on 20 Aug 2021)
- The first recorded sale happened at this postcode is 18 OTAGO CLOSE: £215,000 (Sold on 13 Jun 2024)
Detached
- The average price is around £250,000 median price is £250,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £250,000 with Total Sold: 1
- The most recent sale happened at this postcode is 26 OTAGO CLOSE: £250,000 (Sold on 10 Aug 2021)
- The first recorded sale happened at this postcode is 26 OTAGO CLOSE: £250,000 (Sold on 10 Aug 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average PE7 1YL house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£166,332	£2,639	3
2020	£154,995	£2,719	1
2019	£180,000	£3,158	1
2017	£154,000	£2,191	2
2015	£135,000	£2,368	1
2014	£128,750	£1,849	2
2013	£105,000		1
2012	£114,000	£2,000	2
2011	£126,000	£2,074	1
2008	£115,000	£2,018	1
2007	£117,000	£2,053	1
2006	£117,667	£1,975	3
2004	£110,000		1
2002	£79,000	£1,363	1
2001	£74,000	£1,277	1
2000	£59,250	£1,167	2
1999	£47,750	£715	2
1997	£42,000	£674	4
1995	£42,665	£732	3
2023	£200,000	£3,509	1
2024	£215,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£250,000	£3,125	1

All the Sales in the OTAGO CLOSE, PE7 1YL

See the table below for more details on the sold house prices in the PE7 1YL, Fenland postcode.

Address	Sold Date	Price	% Change
16 OTAGO CLOSESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1967-1975	20 Aug 2021	£184,000	First Sale
26 OTAGO CLOSEDetached, FreeholdArea: 80 Sq.mtrAge: 1950-1966	10 Aug 2021	£250,000	First Sale
9 OTAGO CLOSESemi-Detached, FreeholdArea: 57 Sq.mtrAge: 1967-1975	29 Jun 2021	£160,000	263.64%
	10 Oct 1997	£44,000	0.0
	06 Oct 1995	£44,000	First Sale
36 OTAGO CLOSESemi-Detached, FreeholdArea: 57 Sq.mtrAge: 1967-1975	26 Feb 2021	£154,995	34.78%
	10 Dec 2012	£115,000	180.49%
	16 Aug 1999	£41,000	First Sale
14 OTAGO CLOSESemi-Detached, FreeholdArea: 57 Sq.mtrAge: 1976-1982	11 Dec 2020	£154,995	37.16%
	02 Nov 2012	£113,000	69.92%
	09 Jun 2000	£66,500	First Sale
4 OTAGO CLOSESemi-Detached, FreeholdArea: 57 Sq.mtrAge: 1950-1966	18 Apr 2019	£180,000	56.52%
	13 Oct 2008	£115,000	-1.71%
	05 Oct 2007	£117,000	-41.50%
	17 Nov 2023	£200,000	First Sale
25 OTAGO CLOSESemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1950-1966	26 May 2017	£150,000	First Sale
1 OTAGO CLOSESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1967-1975	10 Feb 2017	£158,000	19.25%
	22 Aug 2014	£132,500	First Sale
5 OTAGO CLOSESemi-Detached, FreeholdArea: 57 Sq.mtrAge: 1967-1975	17 Apr 2015	£135,000	241.77%
	15 Feb 1995	£39,500	First Sale
34 OTAGO CLOSESemi-Detached, FreeholdArea: 57 Sq.mtrAge: 1967-1975	22 May 2014	£125,000	First Sale
35 OTAGO CLOSESemi-Detached, Freehold	29 Nov 2013	£105,000	5.00%
	23 Oct 2006	£100,000	92.31%
	12 Oct 2000	£52,000	First Sale
15 OTAGO CLOSESemi-Detached, FreeholdArea: 60.75 Sq.mtrAge: 1976-1982	18 Nov 2011	£126,000	5.00%
	10 May 2006	£120,000	263.64%
	27 Mar 1997	£33,000	First Sale
21 OTAGO CLOSESemi-Detached, Freehold	25 Sep 2006	£133,000	20.91%
21 OTAGO CLOSESemi-Detached, Freehold	10 May 2004	£110,000	First Sale
7 OTAGO CLOSESemi-Detached, FreeholdArea: 57.96 Sq.mtrAge: 1967-1975	10 May 2002	£79,000	6.76%
	23 Aug 2001	£74,000	80.49%
	11 Jul 1997	£41,000	First Sale
18 OTAGO CLOSESemi-Detached, FreeholdArea: 76.63 Sq.mtrAge: 1967-1975	16 Jun 1999	£54,500	-74.65%
	13 Jun 2024	£215,000	First Sale
3 OTAGO CLOSESemi-Detached, Freehold	24 Jan 1997	£50,000	First Sale
8 OTAGO CLOSESemi-Detached, Freehold	28 Mar 1995	£44,495	First Sale

Check out the sold house prices near the PE7 1YL postcode. Properties currently for saleProperties currently for rent

OTAGO CLOSE, PE7 1YL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PE7 1YL postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the PE7 1YL postcode.

Semi-Detached
- The average price is around £117,012 median price is £117,000 Standard Deviation is £55,698 with Total Sold: 561
- The Last 5 Year average price is £201,303 with Total Sold: 74
- The most recent sale happened at this postcode is , 18 OTAGO CLOSE: £215,000 (Sold on 13 Jun 2024)
- The first recorded sale happened at this postcode is , 29 VIKING WAY: £36,500 (Sold on 12 Jan 1995)
Detached
- The average price is around £153,494 median price is £140,000 Standard Deviation is £84,703 with Total Sold: 636
- The Last 5 Year average price is £258,566 with Total Sold: 103
- The most recent sale happened at this postcode is , 12 NORMAN CLOSE: £335,000 (Sold on 17 May 2024)
- The first recorded sale happened at this postcode is , 9 LAPWING DRIVE: £62,500 (Sold on 06 Jan 1995)
Terraced
- The average price is around £89,727 median price is £90,000 Standard Deviation is £44,496 with Total Sold: 429
- The Last 5 Year average price is £158,565 with Total Sold: 40
- The most recent sale happened at this postcode is , 8 PINEWOOD AVENUE: £165,000 (Sold on 04 Mar 2024)
- The first recorded sale happened at this postcode is , 9 VIKING WAY: £29,950 (Sold on 28 Feb 1995)
Other
- The average price is around £429,686 median price is £377,363 Standard Deviation is £321,237 with Total Sold: 9
- The Last 5 Year average price is £514,968 with Total Sold: 6
- The most recent sale happened at this postcode is , NEW HAVEN MOBILE HOME PARK COMMONS ROAD: £1,074,799 (Sold on 27 Oct 2023)
- The first recorded sale happened at this postcode is , THE ELMS, 2 ARNOLDS LANE: £377,363 (Sold on 22 Jul 2016)
Flat
- The average price is around £83,993 median price is £87,000 Standard Deviation is £25,512 with Total Sold: 33
- The Last 5 Year average price is £106,286 with Total Sold: 7
- The most recent sale happened at this postcode is , 4 RICHARDSON WAY: £95,000 (Sold on 19 Oct 2023)
- The first recorded sale happened at this postcode is , 9 RICHARDSON WAY: £29,000 (Sold on 17 Oct 1996)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£223,750	£2,956	4
2023	£232,416	£2,631	12
2022	£235,576	£2,492	13
2021	£191,978	£2,619	23
2020	£167,250	£2,378	10
2019	£171,833	£2,070	12
2018	£178,721	£2,389	14
2017	£171,706	£2,094	24
2016	£161,750	£1,833	12
2015	£158,500	£1,874	12
2014	£133,374	£1,586	12
2013	£120,777	£1,508	9
2012	£122,927	£1,586	15
2011	£122,499	£1,541	26
2010	£127,929	£1,531	7
2009	£117,807	£1,516	13
2008	£142,333	£1,812	15
2007	£135,021	£1,557	24
2006	£128,724	£1,524	29
2005	£135,683	£1,532	15
2004	£123,189	£1,455	34
2003	£111,761	£1,395	21
2002	£84,599	£1,081	38
2001	£69,833	£843	23
2000	£64,026	£786	30
1999	£53,409	£722	32
1998	£51,819	£666	26
1997	£49,410	£640	20
1996	£45,932	£609	17
1995	£46,916	£616	19

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£282,500	£2,949	2
2023	£279,865	£3,176	20
2022	£293,106	£3,175	14
2021	£248,522	£2,541	23
2020	£233,127	£2,590	20
2019	£249,500	£2,364	24
2018	£232,893	£2,499	14
2017	£256,200	£2,192	17
2016	£204,978	£2,161	23
2015	£199,911	£1,936	28
2014	£160,067	£1,923	15
2013	£182,014	£1,799	17
2012	£172,182	£1,843	11
2011	£141,222	£1,477	9
2010	£168,083	£1,715	18
2009	£143,917	£1,610	6
2008	£187,541	£1,945	12
2007	£179,143	£1,769	21
2006	£176,439	£1,856	25
2005	£166,359	£1,661	16
2004	£179,700	£1,697	15
2003	£139,066	£1,477	37
2002	£124,216	£1,293	30
2001	£98,206	£1,029	22
2000	£93,474	£884	25
1999	£69,455	£769	53
1998	£69,388	£675	45
1997	£55,870	£654	25
1996	£66,536	£564	28
1995	£61,893	£678	21

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£165,000	£2,463	1
2023	£149,834	£2,391	5
2022	£182,883	£2,522	9
2021	£156,874	£2,312	8
2020	£156,749	£2,317	6
2019	£144,273	£1,958	11
2018	£147,083	£2,211	12
2017	£144,124	£2,015	20
2016	£126,267	£1,901	15
2015	£115,889	£1,822	9
2014	£113,541	£1,691	12
2013	£95,138	£1,216	8
2012	£103,333	£1,610	6
2011	£93,024	£1,283	4
2010	£98,393	£1,420	7
2009	£109,750	£1,491	10
2008	£118,068	£1,717	14
2007	£118,350	£1,755	19
2006	£118,853	£1,618	18
2005	£106,898	£1,636	22
2004	£98,593	£1,531	16
2003	£83,604	£1,300	21
2002	£69,270	£991	22
2001	£53,645	£742	24
2000	£46,467	£741	20
1999	£41,467	£663	21
1998	£39,311	£569	21
1997	£36,616	£591	22
1996	£36,395	£573	22
1995	£37,277	£588	24

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£725,686	£2,424	3
2022	£480,750	£2,491	1
2021	£390,000	£2,042	1
2019	£42,000	£462	1
2017	£250,000	£2,174	1
2016	£263,682	£1,034	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£95,000	£1,638	1
2022	£136,000	£2,051	2
2021	£89,000	£1,527	3
2020	£110,000	£1,574	1
2017	£93,400	£1,528	3
2016	£85,000	£1,466	1
2015	£84,000	£1,217	1
2014	£84,000	£1,367	2
2012	£75,000	£1,293	1
2011	£74,995	£1,073	1
2009	£65,000	£1,028	2
2008	£108,998	£1,804	2
2007	£82,800	£1,365	2
2006	£92,625	£1,542	4
2005	£87,000	£1,500	1
2004	£89,995		1
2003	£65,000	£1,121	1
2002	£50,000	£862	1
1999	£30,000	£517	1
1997	£25,500	£307	1
1996	£29,000	£483	1

House Type in PE7 1YL area

The most common house types in the PE7 1YL postcode area are Detached (79), Semi-detached (48), and Terraced (1).

Total	128
Detached	79
Semi-detached	48
Terraced	1
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (80), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright	80
Owned: Owns with a mortgage or loan	34
Private rented: Private landlord or letting agency	10
Private rented: Other private rented	4
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the PE7 1YL have 2 people in household (59), and 1 person in household (45).

2 people in household	59
1 person in household	45
4 people in household	12
3 people in household	11
5 people in household	3
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0