According to the public record, 49, Fairlawns, Watford is a modern apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Fairlawns, Watford, WD17 is located in the borough of Watford within the WD17 postal district.
49, Fairlawns, Watford has no records in the Land Registry database and a single entry in the EPC database dated August 2019.
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 49 Fairlawns Watford as £251,379 and the rental value as £1,333 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 49 Fairlawns Watford has increased by £114 (0.0%) and its rental value has increased by £82 per month (6.2%).
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 49, Fairlawns, Watford is in very good condition we estimate a sale value of £263,948 and rental value of £1,400 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,783 and a rental value of £1,240 per month.
If you were able to purchase this property for the estimated value of £251,379, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,235 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 49, Fairlawns, Watford within a radius of 80m over the last 2 years.
The most recent example is 7, Fairlawns, Watford, WD17 4UH, a Leasehold flat which sold for £265,000 in Aug 2023.
Read more about house prices in WD17.
Our network of Estate Agents report 3 lets of properties similar to 49, Fairlawns, Watford within a radius of 590m over the last 2 years.
Most recently 6 Arden Court, Lockhart Road, Watford, WD17 4AQ, a Leasehold flat let by Imagine for an undisclosed amount in Aug 2020.
Fairlawns, Watford, WD17 has a total of 50 addresses. According to our analysis of all the public data, 49, Fairlawns, Watford is the 49th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £287k less expensive than the average property in WD17.
49, Fairlawns, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Aug 2019.
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 49, Fairlawns, Watford is Watford Junction station which is 1.3 km 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 49, Fairlawns, Watford, 42.9% of property is privately rented and 33.1% 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 49, Fairlawns, Watford, 14.9% 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 49, Fairlawns, 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 49, Fairlawns, 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 49, Fairlawns, 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.