According to the public record, 27, Outlook Place 103, Watford is a modern leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Outlook Place, Langley Road, Watford, WD17.
Langley Road, Watford, WD17 is located in the borough of Watford within the WD17 postal district.
27, Outlook Place 103, Watford has 3 entries in the Land Registry database, most recently in April 2017 and a single entry in the EPC database dated July 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 reasonable condition, we estimate the current sale value for 27 Outlook Place 103 Watford as £253,928 and the rental value as £1,348 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 27 Outlook Place 103 Watford has increased by £564 (0.2%) and its rental value has increased by £92 per month (6.8%).
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 27, Outlook Place 103, Watford is in very good condition we estimate a sale value of £266,624 and rental value of £1,415 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,153 and a rental value of £1,254 per month.
If you were able to purchase this property for the estimated value of £253,928, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,248 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, 27, Outlook Place 103, Watford was last sold on 19 Apr 2017 for £100,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2017, the market for similar properties has dropped 4.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Outlook Place 103, Watford within a radius of 520 metres over the last 2 years.
The most recent example is 8 Biskra, Langley Road, Watford, WD17 4PF, a Leasehold flat which sold for £252,500 in Nov 2021.
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 27, Outlook Place 103, Watford within a radius of 520 metres over the last 2 years.
Most recently 39 Haywood Crescent, Lockhart Road, Watford, WD17 4AX, a Leasehold flat let by Imagine in Dec 2021.
*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, 27, Outlook Place 103, Watford is the 152nd largest and the 213th most expensive property on the street.
When compared to the postcode district it is £284k less expensive than the average property in WD17.
27, Outlook Place 103, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jul 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 27, Outlook Place 103, Watford is Watford Junction 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 27, Outlook Place 103, Watford, 25.9% of property is socially rented and 23.5% 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 27, Outlook Place 103, Watford, 27.2% of residents are recorded as possessing school level qualifications and 48.3% 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 27, Outlook Place 103, 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 27, Outlook Place 103, 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 27, Outlook Place 103, 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.