As updated by Imagine in Mar 2022, 5, Grover Road, Watford is a period leasehold studio apartment with a share of the freehold and with 710 ft2 of internal area .
Grover Road, Watford, WD19 is located in the borough of Watford within the WD19 postal district.
Based on both the data supplied by Imagine and the public information available in the area, we estimate the current sale value for 5 Grover Road Watford as £361,036 and the rental value as £524 per month giving an expected gross yield of 1.7%.
Imagine described the decorative condition as fair in Mar 2022.
Over the last 12 months the sale value of 5 Grover Road Watford has increased by £3,334 (0.9%) and its rental value has increased by £33 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 5, Grover Road, Watford is in very good condition we estimate a sale value of £379,088 and rental value of £551 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £335,763 and a rental value of £488 per month.
If you were able to purchase this property for the estimated value of £361,036, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,774 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, 5, Grover Road, Watford was last sold on 05 May 1995 for £66,500 and was recorded as a freehold flat.
The property has only had this single sale since 1995.
According to Imagine , 5, Grover Road, Watford was let 3 times since 2021 with the latest being in Mar 2022 for an undisclosed price.
Since Mar 2022, the market values of similar properties has risen 21.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Grover Road, Watford within a radius of 520 metres over the last 2 years.
The most recent example is Flat 42, Attenborough Court, Owen Square, Watford, WD19 4FN, a Leasehold flat which sold for £335,000 in Apr 2023.
Read more about house prices in WD19.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 520 metres radius of 5, Grover Road, Watford over the last 2 years.
Most recently 15, Parkside, Watford, WD19 4PW, a Leasehold flat let by Imagine in Aug 2022.
Grover Road, Watford, WD19 has a total of 96 addresses. According to our analysis of all the public data, 5, Grover Road, Watford is the 51st largest and the 95th most expensive property on the street.
When compared to the postcode district it is £109k less expensive than the average property in WD19.
5, Grover Road, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Feb 2024.
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 5, Grover Road, Watford is Bushey 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 5, Grover Road, Watford, 34.9% of property is privately owned with a mortgage and 34.1% is privately owned outright.
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 5, Grover Road, Watford, 15.2% of residents are recorded as possessing school level qualifications and 48.4% 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 5, Grover Road, Watford, the average age was 39.9 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 5, Grover Road, Watford, 1.1% 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 5, Grover Road, Watford, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.