According to the public record, 5, Parkgate Road, Watford is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 936 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Parkgate Road, Watford, WD24 is located in the borough of Watford within the WD24 postal district.
5, Parkgate Road, Watford has a single entry in the Land Registry database from November 2007 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 5 Parkgate Road Watford as £406,304 and the rental value as £1,999 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 5 Parkgate Road Watford has decreased by £2,165 (0.5%) and its rental value has increased by £97 per month (4.9%).
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, Parkgate Road, Watford is in very good condition we estimate a sale value of £426,619 and rental value of £2,099 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £377,862 and a rental value of £1,859 per month.
If you were able to purchase this property for the estimated value of £406,304, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,997 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, Parkgate Road, Watford was last sold on 16 Nov 2007 for £249,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2007, the market for similar properties has risen 73.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Parkgate Road, Watford within a radius of 51m over the last 2 years.
The most recent example is 22, Parkgate Road, Watford, WD24 4FH, a Freehold house which sold for £430,000 in Jun 2023.
Read more about house prices in WD24.
Our network of Estate Agents report 3 lets of properties similar to 5, Parkgate Road, Watford within a radius of 152m over the last 2 years.
Most recently 35, Windsor Road, Watford, WD24 7BQ, a Freehold house let by Imagine for an undisclosed amount in Dec 2018.
Parkgate Road, Watford, WD24 has a total of 67 addresses. According to our analysis of all the public data, 5, Parkgate Road, Watford is the 32nd largest and the 44th most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in WD24.
The closest station to 5, Parkgate Road, Watford is Watford North station which is 300 m 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, Parkgate Road, Watford, 44.8% of property is privately owned with a mortgage and 31.0% 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, Parkgate Road, Watford, 22.1% of residents are recorded as possessing school level qualifications and 39.6% 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, Parkgate Road, 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 5, Parkgate Road, Watford, 0.3% 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, Parkgate Road, Watford, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.