34, Drake Avenue
34, Drake Avenue
Description & Estimates
34, Drake Avenue, Caterham is described in the public record as a modern apartment with 452 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 34, Drake Avenue, Caterham is £199,000 and its rental estimate is £1,136 per month, given the available information and assuming reasonable condition.
Drake Avenue, Caterham, CR3 falls within the CR3 postal district, in the borough of Tandridge.
Our Data Sources
34, Drake Avenue, Caterham has no records in the the Land Registry and a single entry in the EPC database dated June 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 34, Drake Avenue, Caterham, we estimate a market value of £208,950 and a rental value of £1,193 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £185,070 and £1,056 per month respectively.
Recent Market Change
Over the last year, 34, Drake Avenue, Caterham has seen its estimated sale value decline by £5,615 (2.8%) and its estimated rental value climb by £41 per month (3.6%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
34, Drake Avenue, Caterham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jun 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 34, Drake Avenue, Caterham have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th November 2023, was 15, Nicholls Close, Caterham, CR3 5XP, a leasehold flat which sold for £225,000.
Read more about house prices in CR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 50 addresses on Drake Avenue, Caterham, CR3, 34, Drake Avenue, Caterham comes out as the 46th largest and the 47th most expensive in our analysis of the public data.
It is also £306k less expensive than the average property across the CR3 district.
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Schools Nearby
- 800mHillcroft Primary School & Nursery
- 1.3kmAudley Primary School
- 1.4kmSt Francis Catholic Primary School
- 1.3kmde Stafford School
- 1.4kmOasis Academy Coulsdon
- 3.9kmWarlingham School
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Public Transport Nearby
From 34, Drake Avenue, Caterham, the nearest station is Caterham, 1.8 kilometres away.
- 1.8kmCaterham
- 2.4kmWhyteleafe South
- 2.7kmUpper Warlingham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
