According to the public record, 3, Pankridge, Watford is a mid-century leasehold apartment and with 904 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Pankridge, Watford, WD19 is located in the borough of Three Rivers within the WD19 postal district.
3, Pankridge, Watford has a single entry in the Land Registry database from March 2018 and a single entry in the EPC database dated August 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 3 Pankridge Watford as £335,898 and the rental value as £1,776 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 3 Pankridge Watford has increased by £5,304 (1.6%) and its rental value has increased by £121 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 3, Pankridge, Watford is in very good condition we estimate a sale value of £352,693 and rental value of £1,865 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,385 and a rental value of £1,652 per month.
If you were able to purchase this property for the estimated value of £335,898, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,651 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, 3, Pankridge, Watford was last sold on 27 Mar 2018 for £362,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2018, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Pankridge, Watford within a radius of 132m over the last 2 years.
The most recent example is 12, Cholesbury, By The Wood, Watford, WD19 5AN, a Leasehold flat which sold for £360,000 in Mar 2023.
Read more about house prices in WD19.
Our network of Estate Agents report 1 let of a property similar to 3, Pankridge, Watford within a radius of 650m over the last 2 years.
Most recently 28 Pearkes House, Fairfield Avenue, Watford, WD19 7EW, a Leasehold flat let by Imagine for an undisclosed amount in Jul 2022.
Pankridge, Watford, WD19 has a total of 10 addresses. According to our analysis of all the public data, 3, Pankridge, Watford is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £134k less expensive than the average property in WD19.
3, Pankridge, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Aug 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 3, Pankridge, Watford is Carpenders Park station which is 500 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 3, Pankridge, Watford, 41.3% of property is privately owned outright and 33.9% 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 3, Pankridge, Watford, 14.2% of residents are recorded as possessing school level qualifications and 36.7% 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 3, Pankridge, Watford, the average age was 42.9 and the most common age was 42.
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 3, Pankridge, Watford, 0.4% 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 3, Pankridge, Watford, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.