According to the public record, 38, Nicholas Close, Watford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 804 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Nicholas Close, Watford, WD24 is located in the borough of Watford within the WD24 postal district.
38, Nicholas Close, Watford has a single entry in the Land Registry database from March 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 38 Nicholas Close Watford as £453,229 and the rental value as £1,939 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 38 Nicholas Close Watford has decreased by £2,639 (0.6%) and its rental value has increased by £93 per month (4.8%).
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 38, Nicholas Close, Watford is in very good condition we estimate a sale value of £475,891 and rental value of £2,036 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £421,503 and a rental value of £1,803 per month.
If you were able to purchase this property for the estimated value of £453,229, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,227 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, 38, Nicholas Close, Watford was last sold on 13 Mar 2015 for £350,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2015, the market for similar properties has risen 24.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Nicholas Close, Watford within a radius of 430 metres over the last 2 years.
The most recent example is 11, Oakdene Road, Watford, WD24 6RN, a Freehold house which sold for £410,000 in Jun 2024.
Read more about house prices in WD24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets of properties similar to 38, Nicholas Close, Watford within a radius of 430 metres over the last 2 years.
Most recently 141, Sandringham Road, Watford, WD24 7BH, a Freehold house let by Imagine in Nov 2023.
Nicholas Close, Watford, WD24 has a total of 38 addresses. According to our analysis of all the public data, 38, Nicholas Close, Watford is the 38th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £59k more expensive than the average property in WD24.
The closest station to 38, Nicholas Close, Watford is Watford North 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 38, Nicholas Close, Watford, 40.7% of property is socially rented and 32.3% 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 38, Nicholas Close, Watford, 25.7% of residents are recorded as possessing school level qualifications and 27.0% 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 38, Nicholas Close, Watford, the average age was 34.2 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 38, Nicholas Close, 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 38, Nicholas Close, Watford, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.