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Apartments 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 40, Banstead Road, Caterham is £237,652 and the estimated rental value is £1,221 per month.
Banstead Road, Caterham, CR3 is located in the borough of Tandridge within the CR3 postal district.
40, Banstead Road, Caterham has 61 entries in the Land Registry , most recently in January 2021 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property 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 40, Banstead Road, Caterham is in very good condition we estimate a sale value of £249,535 and a rental value of £1,282 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £221,016 and a rental value of £1,135 per month.
Over the last 12 months the sale value of 40 Banstead Road Caterham has decreased by an estimated £7,156 (3.0%) and its rental value has increased by an estimated £39 per month (3.2%), giving an expected gross yield of 6.2%.
40, Banstead Road, Caterham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jul 2020.
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, 40, Banstead Road, Caterham was last sold on 15th January 2021 for £290,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since January 2021, the market for similar properties has dropped 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Banstead Road, Caterham within a radius of 570 metres over the last 2 years.
The most recent example is 139, Banstead Road, Caterham, CR3 5QN, a leasehold flat which sold for £292,500 on the 28th November 2024.
Read more about house prices in CR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Banstead Road, Caterham, CR3 has a total of 247 addresses. According to our analysis of all the public data, 40, Banstead Road, Caterham is the 201st largest and the 217th most expensive property on the street.
When compared to the postcode district it is £267k less expensive than the average property in CR3.
The closest station to 40, Banstead Road, Caterham is Caterham station which is 1.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 40, Banstead Road, Caterham, 46.8% of property is privately owned with a mortgage and 31.8% 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 40, Banstead Road, Caterham, 19.4% of residents are recorded as possessing school level qualifications and 29.5% 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 40, Banstead Road, 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 40, Banstead Road, Caterham, 0.6% 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 40, Banstead Road, 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.