According to the public record, 1, Addison Close, Caterham is a mid-century apartment with 582 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Addison Close, Caterham, CR3 is located in the borough of Tandridge within the CR3 postal district.
1, Addison Close, Caterham has no records in the Land Registry database and a single entry in the EPC database dated July 2011.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Addison Close Caterham as £245,699 and the rental value as £1,201 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 1 Addison Close Caterham has increased by £5,080 (2.1%) and its rental value has increased by £55 per month (4.6%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Addison Close, Caterham is in very good condition we estimate a sale value of £257,984 and rental value of £1,261 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,500 and a rental value of £1,117 per month.
If you were able to purchase this property for the estimated value of £245,699, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,208 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Addison Close, Caterham within a radius of 450 metres over the last 2 years.
The most recent example is 223, Coulsdon Road, Caterham, CR3 5NW, a Leasehold flat which sold for £265,555 in Jan 2023.
Read more about house prices in CR3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Addison Close, Caterham, CR3 has a total of 10 addresses. According to our analysis of all the public data, 1, Addison Close, Caterham is the 5th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £265k less expensive than the average property in CR3.
1, Addison Close, Caterham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jul 2011.
The property is connected to mains gas and has mostly secondary glazing. It is heated using a boiler and radiators.
The closest station to 1, Addison Close, Caterham is Caterham station which is 1.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Addison Close, Caterham, 35.5% of property is privately owned with a mortgage and 30.6% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Addison Close, Caterham, 17.5% of residents are recorded as possessing school level qualifications and 23.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Addison Close, Caterham, the average age was 39.2 and the most common age was 52.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Addison Close, Caterham, 0.4% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Addison Close, Caterham, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.