As updated by Imagine in Jan 2024, 54, Shakespeare Street, Watford is a modern 245 year lease apartment with 667 ft2 of internal area comprising 2 bedrooms .
There are 245 years remaining on the lease.
Shakespeare Street, Watford, WD24 is located in the borough of Watford within the WD24 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 54 Shakespeare Street Watford as £305,331 and the rental value as £1,529 per month giving an expected gross yield of 6%.
Imagine described the decorative condition as good in Jan 2024.
Over the last 12 months the sale value of 54 Shakespeare Street Watford has increased by £2,853 (0.9%) and its rental value has increased by £99 per month (6.5%).
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 54, Shakespeare Street, Watford is in very good condition we estimate a sale value of £320,597 and rental value of £1,605 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,957 and a rental value of £1,422 per month.
If you were able to purchase this property for the estimated value of £305,331, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,501 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 Imagine , 54, Shakespeare Street, Watford was let 3 times since 2021 with the latest being in Jan 2024 for an undisclosed price.
Since Jan 2024, the market values of similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54, Shakespeare Street, Watford within a radius of 360 metres over the last 2 years.
The most recent example is 4 Kirkwood Court, Lockhart Road, Watford, WD17 4AY, a Leasehold flat which sold for £335,000 in Jun 2023.
Read more about house prices in WD24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets of properties similar to 54, Shakespeare Street, Watford within a radius of 360 metres over the last 2 years.
Most recently 39 Haywood Crescent, Lockhart Road, Watford, WD17 4AX, a Leasehold flat let by Imagine in Dec 2021.
Shakespeare Street, Watford, WD24 has a total of 61 addresses. According to our analysis of all the public data, 54, Shakespeare Street, Watford is the 56th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in WD24.
54, Shakespeare Street, Watford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Oct 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to 54, Shakespeare Street, Watford is Watford Junction station which is 900 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 54, Shakespeare Street, Watford, 40.2% of property is privately owned with a mortgage and 38.5% is privately rented.
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 54, Shakespeare Street, Watford, 22.1% of residents are recorded as possessing school level qualifications and 56.6% 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 54, Shakespeare Street, 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 54, Shakespeare Street, 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 54, Shakespeare Street, 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.