As updated by Imagine in Jul 2020, 30, Farthing Close, Watford is a modern 104 year lease apartment with 441 ft2 of internal area comprising 1 bedroom .
There are 104 years remaining on the lease.
Farthing Close, Watford, WD18 is located in the borough of Watford within the WD18 postal district.
Based on both the data supplied by Imagine and the public information available in the area, we estimate the current sale value for 30 Farthing Close Watford as £224,125 and the rental value as £1,134 per month giving an expected gross yield of 6.1%.
Imagine described the decorative condition as fair in Jul 2020.
Over the last 12 months the sale value of 30 Farthing Close Watford has decreased by £320 (0.1%) and its rental value has increased by £61 per month (5.4%).
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 30, Farthing Close, Watford is in very good condition we estimate a sale value of £235,331 and rental value of £1,191 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,436 and a rental value of £1,055 per month.
If you were able to purchase this property for the estimated value of £224,125, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,102 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, 30, Farthing Close, Watford was last sold on 30 Oct 2015 for £235,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2015, the market for similar properties has risen 4.0%
According to Imagine , 30, Farthing Close, Watford was let 5 times since 2021 with the latest being in Jul 2020 for an undisclosed price.
Since Jul 2020, the market values of similar properties has risen 27.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 30, Farthing Close, Watford within a radius of 630 metres over the last 2 years.
The most recent example is 46, Farthing Close, Watford, WD18 0BT, a Leasehold flat which sold for £238,750 in Jun 2021.
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 30, Farthing Close, Watford within a radius of 630 metres over the last 2 years.
Most recently Flat 1, Chiltern House 24, King Street, Watford, WD18 0BP, a Leasehold flat let by Imagine in Oct 2020.
Farthing Close, Watford, WD18 has a total of 59 addresses. According to our analysis of all the public data, 30, Farthing Close, Watford is the 47th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £153k less expensive than the average property in WD18.
30, Farthing Close, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Aug 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 30, Farthing Close, Watford is Watford High Street station which is 300 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 30, Farthing Close, Watford, 39.9% of property is privately owned with a mortgage and 35.5% is privately 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 30, Farthing Close, Watford, 18.1% of residents are recorded as possessing school level qualifications and 50.5% 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 30, Farthing Close, 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 30, Farthing Close, 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 30, Farthing Close, Watford, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.