According to the public record, 11C, Farningham Road, Caterham is a period leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 11, Farningham Road, Caterham, CR3.
Farningham Road, Caterham, CR3 is located in the borough of Tandridge within the CR3 postal district.
11C, Farningham Road, Caterham has 3 entries in the Land Registry database, most recently in December 2017 and a single entry in the EPC database dated August 2022.
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 11C Farningham Road Caterham as £215,909 and the rental value as £1,099 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 11C Farningham Road Caterham has increased by £6,248 (2.9%) and its rental value has increased by £57 per month (5.2%).
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 11C, Farningham Road, Caterham is in very good condition we estimate a sale value of £226,704 and rental value of £1,154 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,795 and a rental value of £1,022 per month.
If you were able to purchase this property for the estimated value of £215,909, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,061 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, 11C, Farningham Road, Caterham was last sold on 20 Dec 2017 for £172,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2017, the market for similar properties has risen 8.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11C, Farningham Road, Caterham within a radius of 620 metres over the last 2 years.
The most recent example is 23A, Farningham Road, Caterham, CR3 6LL, a Leasehold flat which sold for £214,500 in Apr 2023.
Read more about house prices in CR3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farningham Road, Caterham, CR3 has a total of 132 addresses. According to our analysis of all the public data, 11C, Farningham Road, Caterham is the 129th largest and the 126th most expensive property on the street.
When compared to the postcode district it is £295k less expensive than the average property in CR3.
11C, Farningham Road, Caterham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Aug 2022.
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 11C, Farningham Road, Caterham is Caterham station which is 200 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 11C, Farningham Road, Caterham, 35.0% of property is privately owned outright and 34.2% 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 11C, Farningham Road, Caterham, 10.4% of residents are recorded as possessing school level qualifications and 39.0% 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 11C, Farningham 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 11C, Farningham Road, Caterham, 0.9% 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 11C, Farningham Road, Caterham, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.