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According to the public record, 32, Commonwealth Road, Caterham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 744 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 32, Commonwealth Road, Caterham is £276,621 and the estimated rental value is £1,372 per month.
Commonwealth Road, Caterham, CR3 is located in the borough of Tandridge within the CR3 postal district.
32, Commonwealth Road, Caterham has a single entry in the Land Registry from January 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 32, Commonwealth Road, Caterham is in very good condition we estimate a sale value of £290,452 and a rental value of £1,440 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,258 and a rental value of £1,276 per month.
Over the last 12 months the sale value of 32 Commonwealth Road Caterham has decreased by an estimated £6,918 (2.5%) and its rental value has increased by an estimated £51 per month (3.7%), giving an expected gross yield of 6%.
According to HM Land Registry, 32, Commonwealth Road, Caterham was last sold on 25th January 2008 for £175,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2008, the market for similar properties has risen 41.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Commonwealth Road, Caterham within a radius of 630 metres over the last 2 years.
The most recent example is 25A, Farningham Road, Caterham, CR3 6LL, a leasehold flat which sold for £307,000 on the 18th November 2024.
Read more about house prices in CR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Commonwealth Road, Caterham, CR3 has a total of 116 addresses. According to our analysis of all the public data, 32, Commonwealth Road, Caterham is the 79th largest and the 91st most expensive property on the street.
When compared to the postcode district it is £228k less expensive than the average property in CR3.
The closest station to 32, Commonwealth Road, Caterham is Caterham station which is 300 metres 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 32, Commonwealth Road, Caterham, 51.6% of property is privately owned with a mortgage and 22.9% 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 32, Commonwealth Road, Caterham, 24.5% of residents are recorded as possessing school level qualifications and 37.5% 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 32, Commonwealth 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 32, Commonwealth Road, Caterham, 0.0% 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 32, Commonwealth Road, Caterham, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.