According to the public record, 18, Langwood 87, Watford is a mid-century leasehold apartment with 914 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Langwood, Langley Road, Watford, WD17.
Langley Road, Watford, WD17 is located in the borough of Watford within the WD17 postal district.
18, Langwood 87, Watford has 31 entries in the Land Registry database, most recently in November 2018 and a single entry in the EPC database dated March 2017.
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 18 Langwood 87 Watford as £352,170 and the rental value as £1,802 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 18 Langwood 87 Watford has increased by £3,670 (1.0%) and its rental value has increased by £138 per month (7.7%).
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 18, Langwood 87, Watford is in very good condition we estimate a sale value of £369,779 and rental value of £1,893 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £327,518 and a rental value of £1,676 per month.
If you were able to purchase this property for the estimated value of £352,170, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,731 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, 18, Langwood 87, Watford was last sold on 01 Nov 2018 for £345,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2018, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Langwood 87, Watford within a radius of 480 metres over the last 2 years.
The most recent example is 5, The Spinney, Watford, WD17 4QF, a Leasehold flat which sold for £363,000 in Mar 2024.
Read more about house prices in WD17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets of properties similar to 18, Langwood 87, Watford within a radius of 480 metres over the last 2 years.
Most recently Flat 17, Stewart Court 2, Colnhurst Road, Watford, WD17 4BW, a Leasehold flat let by Imagine in Jul 2022.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Langley Road, Watford, WD17 has a total of 273 addresses. According to our analysis of all the public data, 18, Langwood 87, Watford is the 91st largest and the 121st most expensive property on the street.
When compared to the postcode district it is £186k less expensive than the average property in WD17.
18, Langwood 87, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Mar 2017.
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 18, Langwood 87, Watford is Watford Junction station which is 800 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 18, Langwood 87, Watford, 47.1% of property is privately rented and 27.9% 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 18, Langwood 87, Watford, 20.2% of residents are recorded as possessing school level qualifications and 59.9% 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 18, Langwood 87, 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 18, Langwood 87, 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 18, Langwood 87, Watford, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.