According to the public record, 8, Park Quarter 4, Caterham is a modern leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Park Quarter, Queens Park Road, Caterham, CR3.
Queens Park Road, Caterham, CR3 is located in the borough of Tandridge within the CR3 postal district.
8, Park Quarter 4, Caterham has 2 entries in the Land Registry database, most recently in December 2018 and a single entry in the EPC database dated October 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 8 Park Quarter 4 Caterham as £325,906 and the rental value as £1,460 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 8 Park Quarter 4 Caterham has increased by £7,690 (2.4%) and its rental value has increased by £68 per month (4.6%).
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 8, Park Quarter 4, Caterham is in very good condition we estimate a sale value of £342,202 and rental value of £1,533 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £303,093 and a rental value of £1,358 per month.
If you were able to purchase this property for the estimated value of £325,906, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,602 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, 8, Park Quarter 4, Caterham was last sold on 14 Dec 2018 for £325,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2018, the market for similar properties has risen 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Park Quarter 4, Caterham within a radius of 650 metres over the last 2 years.
The most recent example is 10B, Queens Park Road, Caterham, CR3 5RB, a Leasehold flat which sold for £325,000 in Jan 2024.
Read more about house prices in CR3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Queens Park Road, Caterham, CR3 has a total of 38 addresses. According to our analysis of all the public data, 8, Park Quarter 4, Caterham is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £185k less expensive than the average property in CR3.
8, Park Quarter 4, Caterham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Oct 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric air source heat pump and radiators.
The closest station to 8, Park Quarter 4, Caterham is Caterham station which is 800 metres 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 8, Park Quarter 4, Caterham, 47.1% of property is privately owned outright and 31.2% 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 8, Park Quarter 4, Caterham, 12.4% of residents are recorded as possessing school level qualifications and 43.7% 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 8, Park Quarter 4, 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 8, Park Quarter 4, Caterham, 1.8% 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 8, Park Quarter 4, 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.