According to the public record, 23, Banstead Road, Caterham is a mid-century leasehold apartment with 754 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Banstead Road, Caterham, CR3 is located in the borough of Tandridge within the CR3 postal district.
23, Banstead Road, Caterham has 31 entries in the Land Registry database, most recently in July 2006 and a single entry in the EPC database dated January 2009.
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 23 Banstead Road Caterham as £234,564 and the rental value as £1,316 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 23 Banstead Road Caterham has increased by £7,504 (3.2%) and its rental value has increased by £73 per month (5.5%).
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 23, Banstead Road, Caterham is in very good condition we estimate a sale value of £246,292 and rental value of £1,381 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £218,145 and a rental value of £1,224 per month.
If you were able to purchase this property for the estimated value of £234,564, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,153 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, 23, Banstead Road, Caterham was last sold on 19 Jul 2006 for £117,650 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Banstead Road, Caterham within a radius of 540 metres over the last 2 years.
The most recent example is 3 Napier Court, Banstead Road, Caterham, CR3 5QH, a Leasehold flat which sold for £285,000 in Dec 2023.
Read more about house prices in CR3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Banstead Road, Caterham, CR3 has a total of 247 addresses. According to our analysis of all the public data, 23, Banstead Road, Caterham is the 128th largest and the 203rd most expensive property on the street.
When compared to the postcode district it is £276k less expensive than the average property in CR3.
23, Banstead Road, Caterham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Jan 2009.
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 23, Banstead Road, Caterham is Caterham station which is 1.3 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 23, Banstead Road, Caterham, 42.3% of property is privately owned with a mortgage and 37.1% 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 23, Banstead Road, Caterham, 19.0% of residents are recorded as possessing school level qualifications and 29.7% 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 23, Banstead Road, Caterham, the average age was 44.1 and the most common age was 57.
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 23, Banstead Road, Caterham, 2.0% 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 23, Banstead Road, Caterham, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.