As updated by Imagine in Sep 2023, 11, Longspring, Watford is a leasehold apartment with a share of the freehold and with 555 ft2 of internal area comprising 1 bedroom .
The apartment is in 11, Longspring, Watford, WD24.
Longspring, Watford, WD24 is located in the borough of Watford within the WD24 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 11 Longspring Watford as £209,150 and the rental value as £1,357 per month giving an expected gross yield of 7.8%.
Imagine described the decorative condition as fair in Sep 2023.
Over the last 12 months the sale value of 11 Longspring Watford has increased by £2,195 (1.0%) and its rental value has increased by £89 per month (6.6%).
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 11, Longspring, Watford is in very good condition we estimate a sale value of £219,608 and rental value of £1,424 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,510 and a rental value of £1,262 per month.
If you were able to purchase this property for the estimated value of £209,150, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,028 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, 11, Longspring, Watford was last sold on 30 Nov 2022 for £190,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has risen 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Longspring, Watford within a radius of 460 metres over the last 2 years.
The most recent example is 201A, Leavesden Road, Watford, WD24 5EL, a flat sold by Imagine in Aug 2023.
Read more about house prices in WD24.
Our network of Estate Agents report 3 lets of properties similar to 11, Longspring, Watford within a radius of 460 metres over the last 2 years.
Most recently Flat 11, Branscombe House, Gisburne Way, Watford, WD24 5HQ, a Leasehold flat let by Imagine in Aug 2023.
Longspring, Watford, WD24 has a total of 98 addresses. According to our analysis of all the public data, 11, Longspring, Watford is the 74th largest and the 81st most expensive property on the street.
When compared to the postcode district it is £185k less expensive than the average property in WD24.
11, Longspring, Watford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 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 11, Longspring, Watford is Watford North station which is 900 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 11, Longspring, Watford, 44.0% of property is socially rented and 30.2% 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 11, Longspring, Watford, 23.1% of residents are recorded as possessing school level qualifications and 29.1% 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 11, Longspring, Watford, the average age was 36 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 11, Longspring, Watford, 0.5% 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 11, Longspring, Watford, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.