According to the public record, Flat 10, The Gardens, Caterham is a modern leasehold apartment with 914 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in The Gardens, Church Hill, Caterham, CR3.
Church Hill, Caterham, CR3 is located in the borough of Tandridge within the CR3 postal district.
Flat 10, The Gardens, Caterham has a single entry in the Land Registry database from June 2020 and a single entry in the EPC database dated October 2019.
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 good condition, we estimate the current sale value for Flat 10 The Gardens Caterham as £449,709 and the rental value as £1,763 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of Flat 10 The Gardens Caterham has increased by £15,275 (3.4%) and its rental value has increased by £101 per month (5.7%).
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 Flat 10, The Gardens, Caterham is in very good condition we estimate a sale value of £472,195 and rental value of £1,851 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £418,229 and a rental value of £1,640 per month.
If you were able to purchase this property for the estimated value of £449,709, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,210 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, Flat 10, The Gardens, Caterham was last sold on 30 Jun 2020 for £425,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2020, the market for similar properties has risen 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 10, The Gardens, Caterham within a radius of 600 metres over the last 2 years.
The most recent example is Flat 9, The Gardens, Church Hill, Caterham, CR3 6FR, a Leasehold flat which sold for £447,500 in Jan 2021.
Read more about house prices in CR3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Church Hill, Caterham, CR3 has a total of 97 addresses. According to our analysis of all the public data, Flat 10, The Gardens, Caterham is the 23rd largest and the 16th most expensive property on the street.
When compared to the postcode district it is £61k less expensive than the average property in CR3.
Flat 10, The Gardens, Caterham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Oct 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 10, The Gardens, Caterham is Caterham station which is 300 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 Flat 10, The Gardens, Caterham, 36.0% of property is privately owned with a mortgage and 32.4% is privately owned outright.
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 Flat 10, The Gardens, Caterham, 17.0% of residents are recorded as possessing school level qualifications and 44.9% 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 Flat 10, The Gardens, 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 Flat 10, The Gardens, 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 Flat 10, The Gardens, 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.