According to the public record, 41, Farthing Close, Watford is a modern leasehold apartment with 435 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Farthing Close, Watford, WD18 is located in the borough of Watford within the WD18 postal district.
41, Farthing Close, Watford has 21 entries in the Land Registry database, most recently in December 2015 and a single entry in the EPC database dated July 2009.
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 41 Farthing Close Watford as £223,761 and the rental value as £1,132 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 41 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 41, Farthing Close, Watford is in very good condition we estimate a sale value of £234,949 and rental value of £1,189 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,097 and a rental value of £1,053 per month.
If you were able to purchase this property for the estimated value of £223,761, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,100 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, 41, Farthing Close, Watford was last sold on 18 Dec 2015 for £238,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2015, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Farthing Close, Watford within a radius of 620 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 41, Farthing Close, Watford within a radius of 620 metres over the last 2 years.
Most recently 105, Liverpool Road, Watford, WD18 0DW, a Leasehold flat let by Imagine in Oct 2022.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farthing Close, Watford, WD18 has a total of 59 addresses. According to our analysis of all the public data, 41, Farthing Close, Watford is the 54th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £153k less expensive than the average property in WD18.
41, Farthing Close, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jul 2009.
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 41, 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 41, 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 41, 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 41, 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 41, 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 41, 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.