As updated by Imagine in Jul 2017, 5, Premier Place, Watford is a modern leasehold apartment with 818 ft2 of internal area comprising 2 bedrooms .
There are 979 years remaining on the lease.
Premier Place, Watford, WD18 is located in the borough of Watford within the WD18 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 Premier Place Watford as £336,120 and the rental value as £1,680 per month giving an expected gross yield of 6%.
Imagine described the decorative condition as fair in Jul 2017.
Over the last 12 months the sale value of 5 Premier Place Watford has increased by £54 (0.0%) and its rental value has increased by £87 per month (5.2%).
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, Premier Place, Watford is in very good condition we estimate a sale value of £352,926 and rental value of £1,764 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,591 and a rental value of £1,562 per month.
If you were able to purchase this property for the estimated value of £336,120, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,652 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, Premier Place, Watford was last sold on 17 May 2022 for £295,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2022, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Premier Place, Watford within a radius of 204m over the last 2 years.
The most recent example is Flat 34, Rembrandt House 400, Whippendell Road, Watford, WD18 7PG, a Leasehold flat which sold for £275,000 in May 2023.
Read more about house prices in WD18.
Our network of Estate Agents report 3 lets of properties similar to 5, Premier Place, Watford within a radius of 298m over the last 2 years.
Most recently Flat 10, Metropolitan Place 80, Rickmansworth Road, Watford, WD18 7HB, a Leasehold flat let by Imagine for an undisclosed amount in Jan 2022.
Premier Place, Watford, WD18 has a total of 14 addresses. According to our analysis of all the public data, 5, Premier Place, Watford is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £41k less expensive than the average property in WD18.
5, Premier Place, Watford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Jan 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 5, Premier Place, Watford is Watford station which is 700 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, Premier Place, Watford, 58.3% of property is socially rented and 15.4% 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 5, Premier Place, Watford, 22.9% of residents are recorded as possessing school level qualifications and 25.3% 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, Premier Place, Watford, the average age was 35 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, Premier Place, 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 5, Premier Place, 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.