Caterham

Area Guide For Caterham

Caterham is a town in the Tandridge District of Surrey, England. The town is geographically divided into two sections Caterham on the Hill and Caterham Valley - the main town centre. The town lies close to the A22, 21 miles from Guildford and a few miles south of Croydon, in a valley cut into the dip slope of the North Downs. Caterham on the Hill is above the western side of the valley. The resident population of Caterham is 20,957 people. Caterham is predominantly a commuter town due to its proximity to London. The town lies within the Anglo-Saxon administrative division of Tandridge hundred. The original settlement was on the ridge above the modern town and is now called Caterham on the Hill. The modern town in the valley is a product of the Victorian age and the coming of the Caterham railway line in 1856. The Victorian expansion of the town required the building of a much larger parish church (St Mary the Virgin) in 1866 but the old Norman church of St Lawrence was retained and remains directly across the road from St Mary's. As it grew Caterham Valley gained its own church, St. John the Evangelist, which was consecrated in 1882. It is even larger than St. Mary's. From 1877

 
 

Caterham Map

Estimated Price: £448,012
Average Asking Price: £565,511
Price change in last one year: £37,241
Average Price Paid: £338,001
Average Rent Rates: £1,291

 
 

Property Prices Breakdown in Caterham

Average Price for property in Caterham is around £448,012 which varies based on type of property you are interested in and ranges from £695,694 for detached house to around £368,696 for semi-detached. Similarly terraced house is around £334,649 and a flat is worth £229,243. Values have been changing and have risen £459 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,051 in last 6 months, £37,241 in last 1 year, £49,047 in last 2 years, £62,962 in last 3 years, £66,997 in last 4 years and £60,385 in last 5 years.

Currently average asking price of a property in Caterham is around £565,511 based on approximately 456 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £1,291 per month.

Estimated property value in Caterham is £448,012. Average asking price is £565,511 while average price paid is £359,033 which is up by £37,241 and Avg. asking rent £1,291.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Caterham area. In last 1 year alone average price buyer paid is around £359,033 based on approximately 456 sales in Caterham area alone. If you compare it to last 3 years sales of 1,316 properties where buyers paid around £340,114. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £338,001 for 2,068 and average amount paid for purchase of approx. 2,776 properties sold in last 7 years comes to about £326,182 per sale.

 
 

Properties For Sale in Caterham

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £165,357, £270,129 for a 2 bedroom house, £511,477 for a 3 bedroom house, £624,697 for a 4 bedroom house and £1,288,800 for a 5 bedroom house. For a flat similarly the prices varies from £157,645 for a single bedroom to £253,203 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £202,500. To sum up the asking prices for properties in Caterham it comes to around average £160,821 for 1 bedroom property, £258,845 for 2 bedroom, £495,632 for 3 bedroom, £624,697 for 4 bedroom and £1,288,800 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £420 for 1 bedroom to £1,493 for 3 bedroom, £2,024 for 4 bedroom and £2,626 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £682. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,179. You should be generally be expecting around average £616 rent per month for single bedroom property, £1,179 for 2 bedroom, £1,493 for 3 bedroom, £2,024 for 4 bedroom and approximately £2,626 for a 5 bedroom property in Caterham area.

Popular Houses in Caterham

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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