As updated by Imagine in May 2023, 66, Wilmington Close, Watford is a modern leasehold apartment with 553 ft2 of internal area comprising 1 bedroom with a balcony.
There are 138 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 66 Wilmington Close Watford as £256,149 and the rental value as £1,413 per month giving an expected gross yield of 6.6%.
Imagine described the decorative condition as fair in May 2023.
Over the last 12 months the sale value of 66 Wilmington Close Watford has decreased by £3,618 (1.4%) and its rental value has increased by £61 per month (4.3%).
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 66, Wilmington Close, Watford is in very good condition we estimate a sale value of £268,956 and rental value of £1,483 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,218 and a rental value of £1,314 per month.
If you were able to purchase this property for the estimated value of £256,149, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,259 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, 66, Wilmington Close, Watford was last sold on 20 May 2011 for £162,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2011, the market for similar properties has risen 55.0%
According to Imagine , 66, Wilmington Close, Watford was let 8 times since 2021 with the latest being in May 2023 for an undisclosed price.
Since May 2023, the market values of similar properties has risen 7.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 66, Wilmington Close, Watford within a radius of 0m over the last 2 years.
The most recent example is 124, Wilmington Close, Watford, WD18 0FQ, a Leasehold flat which sold for £230,000 in Jan 2024.
Read more about house prices in WD18.
Our network of Estate Agents report 3 lets of properties similar to 66, Wilmington Close, Watford within a radius of 0m over the last 2 years.
Most recently 123, Wilmington Close, Watford, WD18 0FQ, a Leasehold flat let by Imagine for an undisclosed amount in Apr 2022.
Wilmington Close, Watford, WD18 has a total of 145 addresses. According to our analysis of all the public data, 66, Wilmington Close, Watford is the 87th largest and the 87th most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in WD18.
The closest station to 66, 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 66, 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 66, 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 66, 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 66, 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 66, 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.