According to the public record, 16, Gade Close, Watford is a modern apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Gade Close, Watford, WD18 is located in the borough of Watford within the WD18 postal district.
16, Gade Close, Watford has no recent1 records in the Land Registry database and a single entry in the EPC database dated September 2020.
We combine this information with public data 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 Gade Close Watford as £269,225 and the rental value as £1,549 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 16 Gade Close Watford has increased by £1,220 (0.5%) and its rental value has increased by £89 per month (5.7%).
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 16, Gade Close, Watford is in very good condition we estimate a sale value of £282,686 and rental value of £1,626 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,379 and a rental value of £1,440 per month.
If you were able to purchase this property for the estimated value of £269,225, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,323 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, 16, Gade Close, Watford was last sold on 05 Sep 2003 for £153,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Gade Close, Watford within a radius of 420 metres over the last 2 years.
The most recent example is Flat 37, Rockwell Court, The Gateway, Watford, WD18 7HQ, a Leasehold flat which sold for £220,000 in Nov 2023.
Read more about house prices in WD18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets of properties similar to 16, Gade Close, Watford within a radius of 420 metres over the last 2 years.
Most recently Flat 22, Lucida Court 534-536, Whippendell Road, Watford, WD18 7QH, a Leasehold flat let by Imagine in Sep 2022.
Gade Close, Watford, WD18 has a total of 44 addresses. According to our analysis of all the public data, 16, Gade Close, Watford is the 11th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £108k less expensive than the average property in WD18.
16, Gade Close, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Sep 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 16, Gade Close, Watford is Watford station which is 600 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 16, Gade Close, Watford, 39.6% of property is privately rented and 33.0% 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, Gade Close, Watford, 17.8% of residents are recorded as possessing school level qualifications and 42.0% 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, Gade Close, Watford, the average age was 40.1 and the most common age was 47.
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, Gade Close, Watford, 1.7% 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, Gade Close, Watford, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.