According to the public record, 5 Silas Court, Watford is a leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Silas Court, Lockhart Road, Watford, WD17.
Lockhart Road, Watford, WD17 is located in the borough of Watford within the WD17 postal district.
5 Silas Court, Watford has 2 entries in the Land Registry database, most recently in October 2021 and a single entry in the EPC database dated June 2021.
We combine this information with that 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 5 Silas Court Watford as £298,350 and the rental value as £1,661 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 5 Silas Court Watford has increased by £662 (0.2%) and its rental value has increased by £113 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 5 Silas Court, Watford is in very good condition we estimate a sale value of £313,268 and rental value of £1,744 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,466 and a rental value of £1,545 per month.
If you were able to purchase this property for the estimated value of £298,350, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,466 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 Silas Court, Watford was last sold on 26 Oct 2021 for £315,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2021, the market for similar properties has dropped 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 Silas Court, Watford within a radius of 410 metres over the last 2 years.
The most recent example is 43 Silas Court, Lockhart Road, Watford, WD17 4BQ, a Leasehold flat which sold for £265,000 in Nov 2022.
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 5 Silas Court, Watford within a radius of 410 metres over the last 2 years.
Most recently 21 Silas Court, Lockhart Road, Watford, WD17 4BQ, a Leasehold flat let by Imagine in Sep 2023.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lockhart Road, Watford, WD17 has a total of 174 addresses. According to our analysis of all the public data, 5 Silas Court, Watford is the 116th largest and the 107th most expensive property on the street.
When compared to the postcode district it is £240k less expensive than the average property in WD17.
5 Silas Court, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jun 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 5 Silas Court, 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 5 Silas Court, Watford, 40.9% of property is privately rented and 36.4% 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 Silas Court, Watford, 12.8% of residents are recorded as possessing school level qualifications and 60.2% 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 Silas Court, 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 5 Silas Court, Watford, 2.5% 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 Silas Court, 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.