According to the public record, 62, Wilmington Close, Watford is a modern leasehold apartment and with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Wilmington Close, Watford, WD18 is located in the borough of Watford within the WD18 postal district.
62, Wilmington Close, Watford has a single entry in the Land Registry database from October 2023 and a single entry in the EPC database dated November 2020.
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 62 Wilmington Close Watford as £286,282 and the rental value as £1,639 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 62 Wilmington Close Watford has increased by £183 (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 62, Wilmington Close, Watford is in very good condition we estimate a sale value of £300,596 and rental value of £1,721 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,242 and a rental value of £1,524 per month.
If you were able to purchase this property for the estimated value of £286,282, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,407 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, 62, Wilmington Close, Watford was last sold on 27 Oct 2023 for £316,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2023, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Wilmington Close, Watford within a radius of 0m over the last 2 years.
The most recent example is 82, Wilmington Close, Watford, WD18 0FQ, a Leasehold flat which sold for £290,000 in Sep 2022.
Read more about house prices in WD18.
Our network of Estate Agents report 3 lets of properties similar to 62, 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, 62, Wilmington Close, Watford is the 33rd largest and the 37th most expensive property on the street.
When compared to the postcode district it is £91k less expensive than the average property in WD18.
62, Wilmington Close, Watford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Nov 2020.
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 62, 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 62, 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 62, 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 62, 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 62, 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 62, 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.