According to the public record, Flat 2, The Gardens, Caterham is a modern leasehold apartment with 1,334 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 2, The Gardens, Caterham has a single entry in the Land Registry database from August 2021 and a single entry in the EPC database dated September 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 2 The Gardens Caterham as £575,289 and the rental value as £2,241 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of Flat 2 The Gardens Caterham has increased by £19,540 (3.4%) and its rental value has increased by £128 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 2, The Gardens, Caterham is in very good condition we estimate a sale value of £604,054 and rental value of £2,353 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £535,019 and a rental value of £2,084 per month.
If you were able to purchase this property for the estimated value of £575,289, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,827 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 2, The Gardens, Caterham was last sold on 06 Aug 2021 for £510,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2021, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, The Gardens, Caterham within a radius of 600 metres over the last 2 years.
The most recent example is Flat 4, The Gardens, Church Hill, Caterham, CR3 6FR, a Leasehold flat which sold for £525,000 in Feb 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 2, The Gardens, Caterham is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in CR3.
Flat 2, The Gardens, Caterham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Sep 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 2, 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 2, 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 2, 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 2, 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 2, 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 2, 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.