According to the public record, 3, Phoenix Apartments 223-229, Watford is a modern leasehold apartment and with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Phoenix Apartments, Lower High Street, Watford, WD17.
Lower High Street, Watford, WD17 is located in the borough of Watford within the WD17 postal district.
3, Phoenix Apartments 223-229, Watford has 2 entries in the Land Registry database, most recently in May 2023 and 4 entries in the EPC database, most recently in July 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 3 Phoenix Apartments 223-229 Watford as £207,444 and the rental value as £1,185 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 3 Phoenix Apartments 223-229 Watford has decreased by £4,704 (2.3%) and its rental value has increased by £40 per month (3.4%).
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, Phoenix Apartments 223-229, Watford is in very good condition we estimate a sale value of £217,816 and rental value of £1,244 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £192,923 and a rental value of £1,102 per month.
If you were able to purchase this property for the estimated value of £207,444, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,020 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, Phoenix Apartments 223-229, Watford was last sold on 19 May 2023 for £187,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2023, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Phoenix Apartments 223-229, Watford within a radius of 0m over the last 2 years.
The most recent example is 2, Phoenix Apartments 223-229, Lower High Street, Watford, WD17 2AG, a Leasehold flat which sold for £100,000 in Aug 2023.
Read more about house prices in WD17.
Our network of Estate Agents report 3 lets of properties similar to 3, Phoenix Apartments 223-229, Watford within a radius of 303m over the last 2 years.
Most recently 8, Farthing Close, Watford, WD18 0BT, a Leasehold flat let by Imagine for an undisclosed amount in Jul 2023.
Lower High Street, Watford, WD17 has a total of 160 addresses. According to our analysis of all the public data, 3, Phoenix Apartments 223-229, Watford is the 98th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £331k less expensive than the average property in WD17.
3, Phoenix Apartments 223-229, Watford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Jul 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 3, Phoenix Apartments 223-229, Watford is Watford High Street station which is 200 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, Phoenix Apartments 223-229, Watford, 42.3% of property is privately rented and 38.5% is socially rented.
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, Phoenix Apartments 223-229, Watford, 17.5% of residents are recorded as possessing school level qualifications and 34.8% 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, Phoenix Apartments 223-229, 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 3, Phoenix Apartments 223-229, Watford, 1.0% 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 3, Phoenix Apartments 223-229, Watford, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.