According to the public record, 16, Elm Grove, Watford is a period freehold house with 936 ft2 of internal area and sits on a 302 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Elm Grove, Watford, WD24 is located in the borough of Watford within the WD24 postal district.
16, Elm Grove, Watford has a single entry in the Land Registry database from February 2024 and a single entry in the EPC database dated July 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 16 Elm Grove Watford as £459,834 and the rental value as £2,043 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 16 Elm Grove Watford has decreased by £2,821 (0.6%) and its rental value has increased by £100 per month (4.9%).
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 16, Elm Grove, Watford is in very good condition we estimate a sale value of £482,826 and rental value of £2,145 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £427,646 and a rental value of £1,900 per month.
If you were able to purchase this property for the estimated value of £459,834, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,260 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 data from HM Land Registry, 16, Elm Grove, Watford sits on a plot of 302m2.
We have plot size data on 7 out of 14 other houses in the postcode and 16, Elm Grove, Watford sits on the 6th largest plot.
According to HM Land Registry, 16, Elm Grove, Watford was last sold on 29 Feb 2024 for £460,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2024, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Elm Grove, Watford within a radius of 590 metres over the last 2 years.
The most recent example is 126A, Gammons Lane, Watford, WD24 5HY, a Freehold house which sold for £565,000 in Nov 2023.
Read more about house prices in WD24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 590 metres radius of 16, Elm Grove, Watford over the last 2 years.
Most recently 14, Williamson Road, Watford, WD24 5EQ, a Leasehold house let by Imagine in Jun 2021.
Elm Grove, Watford, WD24 has a total of 31 addresses. According to our analysis of all the public data, 16, Elm Grove, Watford is the 20th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in WD24.
16, Elm Grove, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jul 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 16, Elm Grove, Watford is Watford North station which is 1.2 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 16, Elm Grove, Watford, 47.2% of property is socially rented and 26.0% 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 16, Elm Grove, Watford, 31.4% of residents are recorded as possessing school level qualifications and 21.4% 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 16, Elm Grove, 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 16, Elm Grove, 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 16, Elm Grove, Watford, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.