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Company No. 11113204
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According to the public record, 40B, Westway, Caterham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 653 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 40B, Westway, Caterham is £224,940 and the estimated rental value is £1,275 per month.
The apartment is within 40, Westway, Caterham, CR3.
Westway, Caterham, CR3 is located in the borough of Tandridge within the CR3 postal district.
40B, Westway, Caterham has 21 entries in the Land Registry , most recently in November 2009 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 40B, Westway, Caterham is in very good condition we estimate a sale value of £236,187 and a rental value of £1,339 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,194 and a rental value of £1,186 per month.
Over the last 12 months the sale value of 40B Westway Caterham has decreased by an estimated £5,626 (2.5%) and its rental value has increased by an estimated £47 per month (3.7%), giving an expected gross yield of 6.8%.
According to HM Land Registry, 40B, Westway, Caterham was last sold on 27th November 2009 for £120,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2009, the market for similar properties has risen 50.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40B, Westway, Caterham within a radius of 490 metres over the last 2 years.
The most recent example is Flat 10, Holm Court 47-49, Westway, Caterham, CR3 5TQ, a leasehold flat which sold for £285,000 on the 12th December 2024.
Read more about house prices in CR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westway, Caterham, CR3 has a total of 100 addresses. According to our analysis of all the public data, 40B, Westway, Caterham is the 30th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £280k less expensive than the average property in CR3.
The closest station to 40B, Westway, Caterham is Caterham station which is 1.4 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 40B, Westway, Caterham, 39.7% of property is privately rented and 33.7% 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 40B, Westway, Caterham, 18.2% of residents are recorded as possessing school level qualifications and 32.3% 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 40B, Westway, 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 40B, Westway, Caterham, 0.5% 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 40B, Westway, 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.
