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According to the public record, 12, Drew Place, Caterham is a modern leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Drew Place, Caterham is £249,098 and the estimated rental value is £1,259 per month.
Drew Place, Caterham, CR3 is located in the borough of Tandridge within the CR3 postal district.
12, Drew Place, Caterham has 31 entries in the Land Registry , most recently in May 2013 and a single entry in the EPC database dated December 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 12, Drew Place, Caterham is in very good condition we estimate a sale value of £261,552 and a rental value of £1,322 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,661 and a rental value of £1,171 per month.
Over the last 12 months the sale value of 12 Drew Place Caterham has decreased by an estimated £6,230 (2.5%) and its rental value has increased by an estimated £46 per month (3.7%), giving an expected gross yield of 6.1%.
12, Drew Place, Caterham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Dec 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 12, Drew Place, Caterham was last sold on 7th May 2013 for £179,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2013, the market for similar properties has risen 42.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Drew Place, Caterham within a radius of 560 metres over the last 2 years.
The most recent example is 9, Drew Place, Caterham, CR3 5FE, a leasehold flat which sold for £295,000 on the 31st October 2024.
Read more about house prices in CR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drew Place, Caterham, CR3 has a total of 20 addresses. According to our analysis of all the public data, 12, Drew Place, Caterham is the 17th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £256k less expensive than the average property in CR3.
The closest station to 12, Drew Place, Caterham is Caterham station which is 1.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 12, Drew Place, Caterham, 43.0% of property is privately owned with a mortgage and 38.0% is privately owned outright.
The graph below shows how this compares to South East 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 12, Drew Place, Caterham, 21.4% of residents are recorded as possessing school level qualifications and 33.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, Drew Place, Caterham, the average age was 39.2 and the most common age was 52.
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 12, Drew Place, Caterham, 0.4% 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 12, Drew Place, Caterham, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
