According to the public record, 32, Colne Way, Watford is a mid-century freehold house with 785 ft2 of internal area and sits on a 397 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Colne Way, Watford, WD24 is located in the borough of Watford within the WD24 postal district.
32, Colne Way, Watford has a single entry in the Land Registry database from February 2022 and a single entry in the EPC database dated June 2021.
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 32 Colne Way Watford as £405,621 and the rental value as £1,933 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 32 Colne Way Watford has decreased by £3,502 (0.9%) and its rental value has increased by £88 per month (4.6%).
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 32, Colne Way, Watford is in very good condition we estimate a sale value of £425,902 and rental value of £2,029 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £377,227 and a rental value of £1,797 per month.
If you were able to purchase this property for the estimated value of £405,621, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,994 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 data from HM Land Registry, 32, Colne Way, Watford sits on a plot of 397m2.
We have plot size data on 15 out of 32 other houses in the postcode and 32, Colne Way, Watford sits on the largest plot.
According to HM Land Registry, 32, Colne Way, Watford was last sold on 10 Feb 2022 for £478,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2022, the market for similar properties has dropped 5.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Colne Way, Watford within a radius of 640 metres over the last 2 years.
The most recent example is 91A, Westlea Avenue, Watford, WD25 9DJ, a Freehold house sold by Imagine for £400,000 in May 2022.
Read more about house prices in WD24.
Our network of Estate Agents report 3 lets within a 640 metres radius of 32, Colne Way, Watford over the last 2 years.
Most recently 81B, Westlea Avenue, Watford, WD25 9DJ, a Leasehold flat let by Imagine in Apr 2021.
Colne Way, Watford, WD24 has a total of 37 addresses. According to our analysis of all the public data, 32, Colne Way, Watford is the 34th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in WD24.
32, Colne Way, Watford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jun 2021.
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 32, Colne Way, Watford is Watford North station which is 700 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 32, Colne Way, Watford, 46.1% of property is privately owned outright and 39.7% 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 32, Colne Way, Watford, 18.0% of residents are recorded as possessing school level qualifications and 35.8% 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 32, Colne Way, Watford, the average age was 40.4 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 32, Colne Way, Watford, 1.7% 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 32, Colne Way, Watford, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.