According to the public record, 1, Fairbourne Lane, Caterham is a modern freehold house with 484 ft2 of internal area and sits on a 188 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Fairbourne Lane, Caterham, CR3 is located in the borough of Tandridge within the CR3 postal district.
1, Fairbourne Lane, Caterham has 61 entries in the Land Registry database, most recently in February 2018 and a single entry in the EPC database dated March 2020.
We combine this information with that 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 Fairbourne Lane Caterham as £321,750 and the rental value as £1,449 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 1 Fairbourne Lane Caterham has increased by £9,770 (3.0%) and its rental value has increased by £79 per month (5.4%).
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, Fairbourne Lane, Caterham is in very good condition we estimate a sale value of £337,838 and rental value of £1,521 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £299,228 and a rental value of £1,347 per month.
If you were able to purchase this property for the estimated value of £321,750, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,581 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 data from HM Land Registry, 1, Fairbourne Lane, Caterham sits on a plot of 188m2.
We have plot size data on 11 out of 21 other houses in the postcode and 1, Fairbourne Lane, Caterham sits on the 8th largest plot.
According to HM Land Registry, 1, Fairbourne Lane, Caterham was last sold on 02 Feb 2018 for £283,500 and was recorded as a freehold house.
The property has had 6 sales since 1995.
Since Feb 2018, the market for similar properties has risen 18.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Fairbourne Lane, Caterham within a radius of 560 metres over the last 2 years.
The most recent example is 11, Rowley Court, Caterham, CR3 5AY, a Freehold house which sold for £275,000 in Feb 2024.
Read more about house prices in CR3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairbourne Lane, Caterham, CR3 has a total of 27 addresses. According to our analysis of all the public data, 1, Fairbourne Lane, Caterham is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £189k less expensive than the average property in CR3.
1, Fairbourne Lane, Caterham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Fairbourne Lane, Caterham is Caterham station which is 1.9 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, Fairbourne Lane, Caterham, 44.9% of property is privately owned outright and 33.3% is privately owned with a mortgage.
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, Fairbourne Lane, Caterham, 18.3% of residents are recorded as possessing school level qualifications and 42.5% 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, Fairbourne Lane, 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, Fairbourne Lane, Caterham, 1.2% 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, Fairbourne Lane, Caterham, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.