According to the public record, 15, Garland Way, Caterham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 648 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Garland Way, Caterham, CR3 is located in the borough of Tandridge within the CR3 postal district.
15, Garland Way, Caterham has a single entry in the Land Registry database from November 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 15 Garland Way Caterham as £343,690 and the rental value as £1,756 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 15 Garland Way Caterham has increased by £5,597 (1.6%) and its rental value has increased by £69 per month (4.0%).
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 15, Garland Way, Caterham is in very good condition we estimate a sale value of £360,874 and rental value of £1,844 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £319,631 and a rental value of £1,633 per month.
If you were able to purchase this property for the estimated value of £343,690, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,689 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 HM Land Registry, 15, Garland Way, Caterham was last sold on 26 Nov 2007 for £192,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2007, the market for similar properties has risen 70.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Garland Way, Caterham within a radius of 490 metres over the last 2 years.
The most recent example is 3 Macaulay Court, Macaulay Road, Caterham, CR3 5HS, a Freehold house which sold for £370,500 in Dec 2023.
Read more about house prices in CR3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Garland Way, Caterham, CR3 has a total of 16 addresses. According to our analysis of all the public data, 15, Garland Way, Caterham is the 16th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in CR3.
The closest station to 15, Garland Way, Caterham is Caterham station which is 1.6 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 15, Garland Way, Caterham, 46.8% of property is privately owned with a mortgage and 31.8% is privately owned outright.
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 15, Garland Way, Caterham, 19.4% of residents are recorded as possessing school level qualifications and 29.5% 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 15, Garland Way, 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 15, Garland Way, Caterham, 0.6% 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 15, Garland Way, Caterham, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.