According to the public record, 43, The Spinney, Watford is a mid-century apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The Spinney, Watford, WD17 is located in the borough of Watford within the WD17 postal district.
43, The Spinney, Watford has no records in the Land Registry database and a single entry in the EPC database dated November 2022.
We combine this information with public data 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 43 The Spinney Watford as £325,916 and the rental value as £1,577 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 43 The Spinney Watford has increased by £723 (0.2%) and its rental value has increased by £107 per month (6.8%).
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 43, The Spinney, Watford is in very good condition we estimate a sale value of £342,212 and rental value of £1,656 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £303,102 and a rental value of £1,467 per month.
If you were able to purchase this property for the estimated value of £325,916, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,602 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, The Spinney, Watford within a radius of 440 metres over the last 2 years.
The most recent example is 27, The Spinney, Watford, WD17 4QF, a Leasehold flat which sold for £315,000 in Dec 2023.
Read more about house prices in WD17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets of properties similar to 43, The Spinney, Watford within a radius of 440 metres over the last 2 years.
Most recently Flat 2, 10, Grandfield Avenue, Watford, WD17 4XA, a Leasehold flat let by Imagine in Feb 2019.
The Spinney, Watford, WD17 has a total of 42 addresses. According to our analysis of all the public data, 43, The Spinney, Watford is the 31st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £212k less expensive than the average property in WD17.
43, The Spinney, Watford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Nov 2022.
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 43, The Spinney, Watford is Watford Junction station which is 800 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 43, The Spinney, Watford, 47.1% of property is privately rented and 27.9% 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 43, The Spinney, Watford, 20.2% of residents are recorded as possessing school level qualifications and 59.9% 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 43, The Spinney, Watford, the average age was 40.1 and the most common age was 37.
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 43, The Spinney, 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 43, The Spinney, Watford, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.