According to the public record, 1 Stratford Court, Park Road, Watford is a mid-century Leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 1, Park Road, Watford, WD17.
Park Road, Watford, WD17 is located in the borough of Watford within the WD17 postal district.
1 Stratford Court, Park Road, Watford has a single entry in the Land Registry database from October 2009 and a single entry in the EPC database dated April 2023.
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 Stratford Court Park Road Watford as £316,550 and the rental value as £1,515 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 1 Stratford Court Park Road Watford has decreased by £18 (0.0%) and its rental value has increased by £101 per month (6.7%).
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 Stratford Court, Park Road, Watford is in very good condition we estimate a sale value of £332,378 and rental value of £1,591 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £294,392 and a rental value of £1,409 per month.
If you were able to purchase this property for the estimated value of £316,550, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,556 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 Stratford Court, Park Road, Watford was last sold on 09 Oct 2009 for £175,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2009, the market for similar properties has risen 51.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Stratford Court, Park Road, Watford within a radius of 410 metres over the last 2 years.
The most recent example is 1 Stratford Lodge, Stratford Road, Watford, WD17 4QQ, a Leasehold flat which sold for £355,000 in Jul 2024.
Read more about house prices in WD17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets of properties similar to 1 Stratford Court, Park Road, Watford within a radius of 410 metres over the last 2 years.
Most recently Flat 3, Brewery Mews, Watford, WD17 1RT, a Leasehold flat let by Imagine in Aug 2023.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Watford, WD17 has a total of 66 addresses. According to our analysis of all the public data, 1 Stratford Court, Park Road, Watford is the 53rd largest and the 48th most expensive property on the street.
When compared to the postcode district it is £222k less expensive than the average property in WD17.
1 Stratford Court, Park Road, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Apr 2023.
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 Stratford Court, Park Road, Watford is Watford Junction station which is 500 metres 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 Stratford Court, Park Road, Watford, 40.4% of property is privately rented and 23.4% is privately owned with a mortgage.
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 Stratford Court, Park Road, Watford, 12.3% of residents are recorded as possessing school level qualifications and 50.4% 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 Stratford Court, Park Road, Watford, the average age was 40.1 and the most common age was 37.
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 Stratford Court, Park Road, Watford, 0.0% 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 Stratford Court, Park Road, Watford, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.