According to the public record, 2, Dean Wace House 16, Watford is a modern leasehold apartment and with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Dean Wace House, Rosslyn Road, Watford, WD18.
Rosslyn Road, Watford, WD18 is located in the borough of Watford within the WD18 postal district.
2, Dean Wace House 16, Watford has 2 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated November 2020.
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 good condition, we estimate the current sale value for 2 Dean Wace House 16 Watford as £279,455 and the rental value as £1,398 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 2 Dean Wace House 16 Watford has increased by £179 (0.1%) and its rental value has increased by £82 per month (5.9%).
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 2, Dean Wace House 16, Watford is in very good condition we estimate a sale value of £293,428 and rental value of £1,468 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £259,893 and a rental value of £1,300 per month.
If you were able to purchase this property for the estimated value of £279,455, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,373 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, 2, Dean Wace House 16, Watford was last sold on 26 Feb 2021 for £280,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2021, the market for similar properties has risen 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Dean Wace House 16, Watford within a radius of 130m over the last 2 years.
The most recent example is 124, Wilmington Close, Watford, WD18 0FQ, a Leasehold flat which sold for £230,000 in Jan 2024.
Read more about house prices in WD18.
Our network of Estate Agents report 3 lets of properties similar to 2, Dean Wace House 16, Watford within a radius of 130m over the last 2 years.
Most recently 66, Wilmington Close, Watford, WD18 0FQ, a Leasehold flat let by Imagine for an undisclosed amount in May 2023.
Rosslyn Road, Watford, WD18 has a total of 71 addresses. According to our analysis of all the public data, 2, Dean Wace House 16, Watford is the 58th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in WD18.
2, Dean Wace House 16, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Nov 2020.
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 2, Dean Wace House 16, Watford is Watford Junction station which is 800 m 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 2, Dean Wace House 16, Watford, 58.7% of property is privately rented and 23.9% 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 2, Dean Wace House 16, Watford, 16.4% of residents are recorded as possessing school level qualifications and 43.2% 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 2, Dean Wace House 16, Watford, the average age was 34.7 and the most common age was 32.
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 2, Dean Wace House 16, 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 2, Dean Wace House 16, Watford, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.