According to the public record, 2, Woolrych Court 137-139, Watford is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Woolrych Court, Queens Road, Watford, WD17.
Queens Road, Watford, WD17 is located in the borough of Watford within the WD17 postal district.
2, Woolrych Court 137-139, Watford has a single entry in the Land Registry database from October 2012 and a single entry in the EPC database dated December 2021.
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 2 Woolrych Court 137-139 Watford as £226,084 and the rental value as £1,431 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 2 Woolrych Court 137-139 Watford has decreased by £393 (0.2%) and its rental value has increased by £85 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, Woolrych Court 137-139, Watford is in very good condition we estimate a sale value of £237,388 and rental value of £1,503 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,258 and a rental value of £1,331 per month.
If you were able to purchase this property for the estimated value of £226,084, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,111 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, Woolrych Court 137-139, Watford was last sold on 10 Oct 2012 for £165,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2012, the market for similar properties has risen 49.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Woolrych Court 137-139, Watford within a radius of 390 metres over the last 2 years.
The most recent example is Flat 55, Ashleigh Court 29, Loates Lane, Watford, WD17 2PJ, a Leasehold flat sold by Imagine for £225,000 in Aug 2023.
Read more about house prices in WD17.
Our network of Estate Agents report 3 lets of properties similar to 2, Woolrych Court 137-139, Watford within a radius of 390 metres over the last 2 years.
Most recently Flat 55, Ashleigh Court 29, Loates Lane, Watford, WD17 2PJ, a Leasehold flat let by Imagine in Sep 2023.
Queens Road, Watford, WD17 has a total of 328 addresses. According to our analysis of all the public data, 2, Woolrych Court 137-139, Watford is the 213th largest and the 195th most expensive property on the street.
When compared to the postcode district it is £312k less expensive than the average property in WD17.
2, Woolrych Court 137-139, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Dec 2021.
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, Woolrych Court 137-139, Watford is Watford Junction station which is 500 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 2, Woolrych Court 137-139, Watford, 75.0% of property is privately rented and 11.4% 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 2, Woolrych Court 137-139, Watford, 17.9% of residents are recorded as possessing school level qualifications and 40.1% 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, Woolrych Court 137-139, 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, Woolrych Court 137-139, 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, Woolrych Court 137-139, 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.