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According to the public record, 3, Fairbourne Lane, Caterham is a modern freehold house with 441 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Fairbourne Lane, Caterham is £297,565 and the estimated rental value is £1,386 per month.
Fairbourne Lane, Caterham, CR3 is located in the borough of Tandridge within the CR3 postal district.
3, Fairbourne Lane, Caterham has 2 entries in the Land Registry , most recently in July 2023 and a single entry in the EPC database dated February 2018.
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 3, Fairbourne Lane, Caterham is in very good condition we estimate a sale value of £312,443 and a rental value of £1,456 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,735 and a rental value of £1,289 per month.
Over the last 12 months the sale value of 3 Fairbourne Lane Caterham has decreased by an estimated £6,868 (2.3%) and its rental value has increased by an estimated £59 per month (4.3%), giving an expected gross yield of 5.6%.
3, Fairbourne Lane, Caterham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Feb 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 3, Fairbourne Lane, Caterham was last sold on 31st July 2023 for £295,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2023, the market for similar properties has dropped 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Fairbourne Lane, Caterham within a radius of 560 metres over the last 2 years.
The most recent example is 11, Rowley Court, Caterham, CR3 5AY, a freehold house which sold for £275,000 on the 1st February 2024.
Read more about house prices in CR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairbourne Lane, Caterham, CR3 has a total of 27 addresses. According to our analysis of all the public data, 3, Fairbourne Lane, Caterham is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £207k less expensive than the average property in CR3.
The closest station to 3, Fairbourne Lane, Caterham is Caterham station which is 1.9 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Fairbourne Lane, Caterham, 44.9% of property is privately owned outright and 33.3% is privately owned with a mortgage.
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 3, Fairbourne Lane, Caterham, 18.3% of residents are recorded as possessing school level qualifications and 42.5% 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 3, Fairbourne Lane, 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 3, Fairbourne Lane, Caterham, 1.2% 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 3, Fairbourne Lane, Caterham, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
