According to the public record, 162, Gammons Lane, Watford is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 972 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Gammons Lane, Watford, WD24 is located in the borough of Watford within the WD24 postal district.
162, Gammons Lane, Watford has 31 entries in the Land Registry database, most recently in December 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 162 Gammons Lane Watford as £487,724 and the rental value as £2,067 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 162 Gammons Lane Watford has decreased by £2,608 (0.5%) and its rental value has increased by £101 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 162, Gammons Lane, Watford is in very good condition we estimate a sale value of £512,110 and rental value of £2,171 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £453,583 and a rental value of £1,923 per month.
If you were able to purchase this property for the estimated value of £487,724, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,397 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, 162, Gammons Lane, Watford was last sold on 20 Dec 2017 for £432,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2017, the market for similar properties has risen 10.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 162, Gammons Lane, Watford within a radius of 510 metres over the last 2 years.
The most recent example is 16, Elm Grove, Watford, WD24 5NA, a Freehold house which sold for £460,000 in Feb 2024.
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 1 let of a property similar to 162, Gammons Lane, Watford within a radius of 510 metres over the last 2 years.
Most recently 159, Judge Street, Watford, WD24 5AN, a Freehold house let by Imagine in Sep 2017.
Gammons Lane, Watford, WD24 has a total of 418 addresses. According to our analysis of all the public data, 162, Gammons Lane, Watford is the 141st largest and the 115th most expensive property on the street.
When compared to the postcode district it is £93k more expensive than the average property in WD24.
The closest station to 162, Gammons Lane, Watford is Watford North station which is 1.0 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 162, Gammons Lane, Watford, 39.7% of property is privately owned with a mortgage and 28.7% is privately owned outright.
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 162, Gammons Lane, Watford, 19.1% of residents are recorded as possessing school level qualifications and 45.0% 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 162, Gammons Lane, 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 162, Gammons Lane, 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 162, Gammons Lane, 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.