According to the public record, 41, Drake Avenue, Caterham is a modern freehold house with 785 ft2 of internal area and sits on a 269 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Drake Avenue, Caterham, CR3 is located in the borough of Tandridge within the CR3 postal district.
41, Drake Avenue, Caterham has 41 entries in the Land Registry database, most recently in March 2021 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 41 Drake Avenue Caterham as £462,702 and the rental value as £1,938 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 41 Drake Avenue Caterham has increased by £9,877 (2.1%) and its rental value has increased by £91 per month (4.7%).
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 41, Drake Avenue, Caterham is in very good condition we estimate a sale value of £485,837 and rental value of £2,035 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £430,313 and a rental value of £1,802 per month.
If you were able to purchase this property for the estimated value of £462,702, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,274 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, 41, Drake Avenue, Caterham sits on a plot of 269m2.
We have plot size data on 17 out of 24 other houses in the postcode and 41, Drake Avenue, Caterham sits on the 2nd largest plot.
According to HM Land Registry, 41, Drake Avenue, Caterham was last sold on 16 Mar 2021 for £410,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Mar 2021, the market for similar properties has risen 9.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Drake Avenue, Caterham within a radius of 600 metres over the last 2 years.
The most recent example is 42, Drake Avenue, Caterham, CR3 5AW, a Freehold house which sold for £358,000 in Mar 2024.
Read more about house prices in CR3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drake Avenue, Caterham, CR3 has a total of 50 addresses. According to our analysis of all the public data, 41, Drake Avenue, Caterham is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in CR3.
41, Drake Avenue, Caterham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 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 41, Drake Avenue, 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 41, Drake Avenue, Caterham, 37.6% of property is privately owned with a mortgage and 30.8% 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 41, Drake Avenue, Caterham, 21.1% of residents are recorded as possessing school level qualifications and 25.4% 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 41, Drake Avenue, 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 41, Drake Avenue, Caterham, 0.7% 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 41, Drake Avenue, 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.