According to the public record, 7, Neilson Close, Watford is a modern freehold house with 1,399 ft2 of internal area and sits on a 106 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Neilson Close, Watford, WD18 is located in the borough of Watford within the WD18 postal district.
7, Neilson Close, Watford has a single entry in the Land Registry database from May 2016 and a single entry in the EPC database dated April 2016.
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 7 Neilson Close Watford as £582,577 and the rental value as £2,333 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 7 Neilson Close Watford has decreased by £6,570 (1.1%) and its rental value has increased by £92 per month (4.0%).
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 7, Neilson Close, Watford is in very good condition we estimate a sale value of £611,706 and rental value of £2,450 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £541,796 and a rental value of £2,170 per month.
If you were able to purchase this property for the estimated value of £582,577, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,863 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 data from HM Land Registry, 7, Neilson Close, Watford sits on a plot of 106m2.
We have plot size data on 8 out of 8 other houses in the postcode and 7, Neilson Close, Watford sits on the 3rd largest plot.
According to HM Land Registry, 7, Neilson Close, Watford was last sold on 16 May 2016 for £562,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2016, the market for similar properties has risen 7.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Neilson Close, Watford within a radius of 390 metres over the last 2 years.
The most recent example is 3, Neilson Close, Watford, WD18 7EG, a Freehold house which sold for £585,000 in Jun 2024.
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 2 lets of properties similar to 7, Neilson Close, Watford within a radius of 390 metres over the last 2 years.
Most recently 35, King Georges Avenue, Watford, WD18 7QE, a Freehold house let by Imagine in Aug 2023.
Neilson Close, Watford, WD18 has a total of 8 addresses. According to our analysis of all the public data, 7, Neilson Close, Watford is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £206k more expensive than the average property in WD18.
7, Neilson Close, Watford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Apr 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 7, Neilson Close, 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 7, Neilson Close, Watford, 58.3% of property is socially rented and 15.4% 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 7, Neilson Close, Watford, 22.9% of residents are recorded as possessing school level qualifications and 25.3% 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 7, Neilson Close, 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 7, Neilson 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 7, Neilson Close, 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.