According to the public record, 28, Sheraton Mews, Watford is a modern leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Sheraton Mews, Watford, WD18 is located in the borough of Watford within the WD18 postal district.
28, Sheraton Mews, Watford has 41 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated April 2022.
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 28 Sheraton Mews Watford as £238,349 and the rental value as £1,524 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 28 Sheraton Mews Watford has increased by £1,080 (0.5%) and its rental value has increased by £87 per month (5.7%).
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 28, Sheraton Mews, Watford is in very good condition we estimate a sale value of £250,267 and rental value of £1,600 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £221,665 and a rental value of £1,417 per month.
If you were able to purchase this property for the estimated value of £238,349, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,171 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, 28, Sheraton Mews, Watford was last sold on 19 Sep 2023 for £213,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Sep 2023, the market for similar properties has risen 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Sheraton Mews, Watford within a radius of 580 metres over the last 2 years.
The most recent example is Flat 8, Wynne Court 1, Raven Close, Watford, WD18 7DA, a Leasehold flat which sold for £240,000 in Jan 2023.
Read more about house prices in WD18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets of properties similar to 28, Sheraton Mews, Watford within a radius of 580 metres over the last 2 years.
Most recently Flat 22, Lucida Court 534-536, Whippendell Road, Watford, WD18 7QH, a Leasehold flat let by Imagine in Sep 2022.
Sheraton Mews, Watford, WD18 has a total of 34 addresses. According to our analysis of all the public data, 28, Sheraton Mews, Watford is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in WD18.
28, Sheraton Mews, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Apr 2022.
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 28, Sheraton Mews, Watford is Watford station which is 600 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 28, Sheraton Mews, Watford, 36.1% of property is privately rented and 31.9% 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 28, Sheraton Mews, Watford, 20.4% of residents are recorded as possessing school level qualifications and 43.1% 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 28, Sheraton Mews, Watford, the average age was 40.1 and the most common age was 47.
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 28, Sheraton Mews, Watford, 0.5% 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 28, Sheraton Mews, Watford, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.