According to the public record, 1, Colne Lodge, Bushey is a modern leasehold apartment and with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Colne Lodge, Bushey, WD23 is located in the borough of Hertsmere within the WD23 postal district.
1, Colne Lodge, Bushey has 41 entries in the Land Registry database, most recently in November 2015 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Colne Lodge Bushey as £218,727 and the rental value as £1,296 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 1 Colne Lodge Bushey has decreased by £770 (0.4%) and its rental value has increased by £70 per month (5.4%).
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 1, Colne Lodge, Bushey is in very good condition we estimate a sale value of £229,663 and rental value of £1,361 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,416 and a rental value of £1,205 per month.
If you were able to purchase this property for the estimated value of £218,727, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,075 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Colne Lodge, Bushey was last sold on 23 Nov 2015 for £250,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Nov 2015, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Colne Lodge, Bushey within a radius of 525m over the last 2 years.
The most recent example is 118, Ebury Road, Watford, WD17 2SB, a Leasehold flat which sold for £233,000 in Oct 2023.
Read more about house prices in WD23.
Our network of Estate Agents report 3 lets of properties similar to 1, Colne Lodge, Bushey within a radius of 595m over the last 2 years.
Most recently 11, Phoenix Apartments 223-229, Lower High Street, Watford, WD17 2AG, a Leasehold flat let by Imagine for an undisclosed amount in Oct 2020.
Colne Lodge, Bushey, WD23 has a total of 8 addresses. According to our analysis of all the public data, 1, Colne Lodge, Bushey is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £361k less expensive than the average property in WD23.
1, Colne Lodge, Bushey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Nov 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Colne Lodge, Bushey is Watford High Street station which is 600 m away.
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 1, Colne Lodge, Bushey, 32.1% of property is privately owned with a mortgage and 30.5% is socially rented.
The graph below shows how this compares to Greater London 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 1, Colne Lodge, Bushey, 23.4% of residents are recorded as possessing school level qualifications and 38.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Colne Lodge, Bushey, the average age was 38.3 and the most common age was 42.
The graph below shows how this compares to East of England 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 1, Colne Lodge, Bushey, 0.9% of property was a second home.
Comparison figures for East of England 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 1, Colne Lodge, Bushey, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.