As updated by Imagine in Nov 2019, 54, Wilmington Close, Watford is a modern leasehold apartment with 688 ft2 of internal area comprising 2 bedrooms .
There are 137 years remaining on the lease.
Wilmington Close, 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 54 Wilmington Close Watford as £290,596 and the rental value as £1,630 per month giving an expected gross yield of 6.7%.
Imagine described the decorative condition as fair in Nov 2019.
Over the last 12 months the sale value of 54 Wilmington Close Watford has increased by £186 (0.1%) and its rental value has increased by £96 per month (5.9%).
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 54, Wilmington Close, Watford is in very good condition we estimate a sale value of £305,125 and rental value of £1,712 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,254 and a rental value of £1,516 per month.
If you were able to purchase this property for the estimated value of £290,596, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,428 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, 54, Wilmington Close, Watford was last sold on 20 Dec 2013 for £227,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2013, the market for similar properties has risen 37.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54, Wilmington Close, Watford within a radius of 0m over the last 2 years.
The most recent example is 62, Wilmington Close, Watford, WD18 0FQ, a Leasehold flat which sold for £316,000 in Oct 2023.
Read more about house prices in WD18.
Our network of Estate Agents report 3 lets of properties similar to 54, Wilmington Close, Watford within a radius of 0m over the last 2 years.
Most recently 56, Wilmington Close, Watford, WD18 0AF, a Leasehold flat let by Imagine for an undisclosed amount in Sep 2023.
Wilmington Close, Watford, WD18 has a total of 145 addresses. According to our analysis of all the public data, 54, Wilmington Close, Watford is the 38th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £86k less expensive than the average property in WD18.
54, Wilmington Close, Watford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 May 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 54, Wilmington Close, Watford is Watford High Street station which is 800 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 54, Wilmington Close, Watford, 58.7% of property is privately rented and 23.9% 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 54, Wilmington Close, Watford, 16.4% of residents are recorded as possessing school level qualifications and 43.2% 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 54, Wilmington Close, Watford, the average age was 34.7 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, Wilmington Close, 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, Wilmington Close, Watford, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.