According to the public record, 10, Beechwood Lodge 18, Watford is a modern leasehold apartment and with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Beechwood Lodge, Essex Road, Watford, WD17.
Essex Road, Watford, WD17 is located in the borough of Watford within the WD17 postal district.
10, Beechwood Lodge 18, Watford has 51 entries in the Land Registry database, most recently in April 2024 and 2 entries in the EPC database, most recently in January 2024.
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 10 Beechwood Lodge 18 Watford as £326,932 and the rental value as £1,587 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 10 Beechwood Lodge 18 Watford has decreased by £7,069 (2.2%) and its rental value has increased by £69 per month (4.4%).
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 10, Beechwood Lodge 18, Watford is in very good condition we estimate a sale value of £343,278 and rental value of £1,667 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £304,046 and a rental value of £1,476 per month.
If you were able to purchase this property for the estimated value of £326,932, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,607 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, 10, Beechwood Lodge 18, Watford was last sold on 26 Apr 2024 for £350,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Apr 2024, the market for similar properties has dropped 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Beechwood Lodge 18, Watford within a radius of 175m over the last 2 years.
The most recent example is Flat 19, Cassio Apartments 1, Malden Road, Watford, WD17 4EJ, a Leasehold flat which sold for £320,000 in Jun 2023.
Read more about house prices in WD17.
Our network of Estate Agents report 3 lets of properties similar to 10, Beechwood Lodge 18, Watford within a radius of 175m over the last 2 years.
Most recently 19, Essex Road, Watford, WD17 4EL, a Leasehold flat let by Imagine for an undisclosed amount in Oct 2023.
Essex Road, Watford, WD17 has a total of 81 addresses. According to our analysis of all the public data, 10, Beechwood Lodge 18, Watford is the 46th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £211k less expensive than the average property in WD17.
10, Beechwood Lodge 18, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jan 2024.
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 10, Beechwood Lodge 18, Watford is Watford Junction station which is 500 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 10, Beechwood Lodge 18, Watford, 38.0% of property is privately rented and 25.1% 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 10, Beechwood Lodge 18, Watford, 13.8% of residents are recorded as possessing school level qualifications and 56.6% 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 10, Beechwood Lodge 18, 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 10, Beechwood Lodge 18, Watford, 1.0% 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 10, Beechwood Lodge 18, 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.