As updated by Imagine in Mar 2021, 1 Queen Victoria House, Bushey is a modern 123 year lease apartment with 796 ft2 of internal area comprising 2 bedrooms .
There are 123 years remaining on the lease.
The apartment is in Queen Victoria House, Marlborough Drive, Bushey, WD23.
Marlborough Drive, Bushey, WD23 is located in the borough of Hertsmere within the WD23 postal district.
Based on both the data supplied by Imagine and the public information available in the area, we estimate the current sale value for 1 Queen Victoria House Bushey as £502,675 and the rental value as £2,239 per month giving an expected gross yield of 5.3%.
Imagine described the decorative condition as fair in Mar 2021.
Over the last 12 months the sale value of 1 Queen Victoria House Bushey has increased by £2,642 (0.5%) and its rental value has increased by £131 per month (5.9%).
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 Queen Victoria House, Bushey is in very good condition we estimate a sale value of £527,809 and rental value of £2,351 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £467,488 and a rental value of £2,082 per month.
If you were able to purchase this property for the estimated value of £502,675, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,470 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 Imagine , 1 Queen Victoria House, Bushey was let 3 times since 2021 with the latest being in Mar 2021 for an undisclosed price.
Since Mar 2021, the market values of similar properties has risen 26.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Queen Victoria House, Bushey within a radius of 870 metres over the last 2 years.
The most recent example is 10 Eton House, Marlborough Drive, Bushey, WD23 2PR, a Leasehold flat which sold for £480,000 in Aug 2022.
Read more about house prices in WD23.
*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 Queen Victoria House, Bushey within a radius of 870 metres over the last 2 years.
Most recently 4 Eton House, Marlborough Drive, Bushey, WD23 2PR, a Leasehold flat let by Imagine in Jul 2023.
Marlborough Drive, Bushey, WD23 has a total of 201 addresses. According to our analysis of all the public data, 1 Queen Victoria House, Bushey is the 186th largest and the 180th most expensive property on the street.
When compared to the postcode district it is £77k less expensive than the average property in WD23.
1 Queen Victoria House, Bushey has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Sep 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 1 Queen Victoria House, Bushey is Bushey station which is 1.5 kilometres 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 Queen Victoria House, Bushey, 53.4% of property is privately owned with a mortgage and 29.8% is privately 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 Queen Victoria House, Bushey, 31.5% of residents are recorded as possessing school level qualifications and 50.5% 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 Queen Victoria House, Bushey, the average age was 41 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 Queen Victoria House, Bushey, 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 Queen Victoria House, Bushey, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.