According to the public record, 31, Sheraton Mews, Watford is a modern leasehold apartment with 469 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Sheraton Mews, Watford, WD18 is located in the borough of Watford within the WD18 postal district.
31, Sheraton Mews, Watford has 31 entries in the Land Registry database, most recently in March 2009 and a single entry in the EPC database dated December 2008.
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 31 Sheraton Mews Watford as £212,219 and the rental value as £1,301 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 31 Sheraton Mews Watford has decreased by £419 (0.2%) and its rental value has increased by £66 per month (5.1%).
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 31, Sheraton Mews, Watford is in very good condition we estimate a sale value of £222,830 and rental value of £1,366 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,364 and a rental value of £1,210 per month.
If you were able to purchase this property for the estimated value of £212,219, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,043 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, 31, Sheraton Mews, Watford was last sold on 27 Mar 2009 for £150,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2009, the market for similar properties has risen 67.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Sheraton Mews, Watford within a radius of 590 metres over the last 2 years.
The most recent example is 10, Sheraton Mews, Watford, WD18 7PE, a Leasehold flat which sold for £200,000 in May 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 31, Sheraton Mews, Watford within a radius of 590 metres over the last 2 years.
Most recently 11, Hanover Court 85-87, King Georges Avenue, Watford, WD18 7QE, a Leasehold flat let by Imagine in Sep 2023.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sheraton Mews, Watford, WD18 has a total of 34 addresses. According to our analysis of all the public data, 31, Sheraton Mews, Watford is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £165k less expensive than the average property in WD18.
31, Sheraton Mews, Watford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Dec 2008.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 31, 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 31, 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 31, 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 31, 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 31, 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 31, 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.