According to the public record, 6, Hanover Court 85-87, Watford is a leasehold apartment with 440 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Hanover Court, King Georges Avenue, Watford, WD18.
King Georges Avenue, Watford, WD18 is located in the borough of Watford within the WD18 postal district.
6, Hanover Court 85-87, Watford has 2 entries in the Land Registry database, most recently in July 2015 and a single entry in the EPC database dated March 2022.
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 6 Hanover Court 85-87 Watford as £203,087 and the rental value as £1,187 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 6 Hanover Court 85-87 Watford has decreased by £399 (0.2%) and its rental value has increased by £59 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 6, Hanover Court 85-87, Watford is in very good condition we estimate a sale value of £213,242 and rental value of £1,246 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,871 and a rental value of £1,104 per month.
If you were able to purchase this property for the estimated value of £203,087, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £998 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, 6, Hanover Court 85-87, Watford was last sold on 31 Jul 2015 for £190,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2015, the market for similar properties has risen 9.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Hanover Court 85-87, Watford within a radius of 440 metres over the last 2 years.
The most recent example is 1, Hanover Court 85-87, King Georges Avenue, Watford, WD18 7QE, a Leasehold flat which sold for £225,000 in Dec 2021.
Read more about house prices in WD18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets of properties similar to 6, Hanover Court 85-87, Watford within a radius of 440 metres over the last 2 years.
Most recently 11, Hanover Court 85-87, King Georges Avenue, Watford, WD18 7QE, a Leasehold flat let by Imagine in Sep 2023.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
King Georges Avenue, Watford, WD18 has a total of 165 addresses. According to our analysis of all the public data, 6, Hanover Court 85-87, Watford is the 138th largest and the 145th most expensive property on the street.
When compared to the postcode district it is £174k less expensive than the average property in WD18.
6, Hanover Court 85-87, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 6, Hanover Court 85-87, Watford is Watford station which is 600 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 6, Hanover Court 85-87, Watford, 42.3% of property is privately rented and 31.6% is socially 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 6, Hanover Court 85-87, Watford, 17.4% of residents are recorded as possessing school level qualifications and 37.5% 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 6, Hanover Court 85-87, 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 6, Hanover Court 85-87, Watford, 0.6% 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 6, Hanover Court 85-87, Watford, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.