According to the public record, 224A, Stafford Road, Caterham is a early-century leasehold apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 224, Stafford Road, Caterham, CR3.
Stafford Road, Caterham, CR3 is located in the borough of Tandridge within the CR3 postal district.
224A, Stafford Road, Caterham has 2 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated July 2013.
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 224A Stafford Road Caterham as £182,820 and the rental value as £995 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 224A Stafford Road Caterham has increased by £5,826 (3.2%) and its rental value has increased by £55 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 224A, Stafford Road, Caterham is in very good condition we estimate a sale value of £191,961 and rental value of £1,044 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £170,022 and a rental value of £925 per month.
If you were able to purchase this property for the estimated value of £182,820, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £899 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, 224A, Stafford Road, Caterham was last sold on 24 Mar 2016 for £161,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2016, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 224A, Stafford Road, Caterham within a radius of 800 metres over the last 2 years.
The most recent example is 43, Stafford Rise, Caterham, CR3 6JY, a Leasehold flat which sold for £252,500 in Dec 2021.
Read more about house prices in CR3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stafford Road, Caterham, CR3 has a total of 514 addresses. According to our analysis of all the public data, 224A, Stafford Road, Caterham is the 495th largest and the 448th most expensive property on the street.
When compared to the postcode district it is £328k less expensive than the average property in CR3.
224A, Stafford Road, Caterham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jul 2013.
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 224A, Stafford Road, Caterham is Caterham station which is 1.1 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 224A, Stafford Road, Caterham, 40.0% of property is socially rented and 35.6% 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 224A, Stafford Road, Caterham, 21.3% of residents are recorded as possessing school level qualifications and 27.1% 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 224A, Stafford Road, Caterham, the average age was 39.4 and the most common age was 12.
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 224A, Stafford Road, Caterham, 0.0% 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 224A, Stafford Road, Caterham, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.