According to the public record, 7, Reid Avenue, Caterham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,836 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Reid Avenue, Caterham, CR3 is located in the borough of Tandridge within the CR3 postal district.
7, Reid Avenue, Caterham has a single entry in the Land Registry database from December 2006 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 7 Reid Avenue Caterham as £583,448 and the rental value as £2,420 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 7 Reid Avenue Caterham has increased by £1,649 (0.3%) and its rental value has increased by £65 per month (2.7%).
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 7, Reid Avenue, Caterham is in very good condition we estimate a sale value of £612,621 and rental value of £2,541 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £542,607 and a rental value of £2,250 per month.
If you were able to purchase this property for the estimated value of £583,448, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,867 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, 7, Reid Avenue, Caterham was last sold on 14 Dec 2006 for £408,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Reid Avenue, Caterham within a radius of 590 metres over the last 2 years.
The most recent example is 3, Collard Close, Kenley, CR8 5GF, a Freehold house which sold for £640,000 in Jul 2023.
Read more about house prices in CR3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reid Avenue, Caterham, CR3 has a total of 14 addresses. According to our analysis of all the public data, 7, Reid Avenue, Caterham is the 4th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £73k more expensive than the average property in CR3.
The closest station to 7, Reid Avenue, Caterham is Whyteleafe South station which is 1.5 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 7, Reid Avenue, Caterham, 44.9% of property is privately owned outright and 42.2% 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 7, Reid Avenue, Caterham, 18.9% of residents are recorded as possessing school level qualifications and 30.4% 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 7, Reid 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 7, Reid Avenue, Caterham, 0.5% 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 7, Reid Avenue, Caterham, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.