According to the public record, 71, Ridge Lane, Watford is a early-century freehold house and with 1,367 ft2 of internal area and sits on a 1,133 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Ridge Lane, Watford, WD17 is located in the borough of Watford within the WD17 postal district.
71, Ridge Lane, Watford has 21 entries in the Land Registry database, most recently in November 2019 and a single entry in the EPC database dated October 2018.
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 71 Ridge Lane Watford as £780,389 and the rental value as £3,230 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 71 Ridge Lane Watford has decreased by £12,155 (1.6%) and its rental value has increased by £144 per month (4.5%).
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 71, Ridge Lane, Watford is in very good condition we estimate a sale value of £819,409 and rental value of £3,391 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £725,762 and a rental value of £3,004 per month.
If you were able to purchase this property for the estimated value of £780,389, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,835 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, 71, Ridge Lane, Watford sits on a plot of 1133m2.
We have plot size data on 19 out of 40 other houses in the postcode and 71, Ridge Lane, Watford sits on the largest plot.
According to HM Land Registry, 71, Ridge Lane, Watford was last sold on 27 Nov 2019 for £713,700 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2019, the market for similar properties has risen 8.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 71, Ridge Lane, Watford within a radius of 193m over the last 2 years.
The most recent example is 32, Courtlands Drive, Watford, WD17 4HT, a Freehold house which sold for £760,000 in Dec 2022.
Read more about house prices in WD17.
Our network of Estate Agents report 3 lets within a 676m radius of 71, Ridge Lane, Watford over the last 2 years.
Most recently Flat 11, Branscombe House, Gisburne Way, Watford, WD24 5HQ, a Leasehold flat let by Imagine for an undisclosed amount in Aug 2023.
Ridge Lane, Watford, WD17 has a total of 113 addresses. According to our analysis of all the public data, 71, Ridge Lane, Watford is the 74th largest and the 68th most expensive property on the street.
When compared to the postcode district it is £242k more expensive than the average property in WD17.
71, Ridge Lane, Watford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Oct 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 71, Ridge Lane, Watford is Watford North station which is 1.9 km 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 71, Ridge Lane, Watford, 52.3% of property is privately owned outright and 41.5% 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 71, Ridge Lane, Watford, 16.3% of residents are recorded as possessing school level qualifications and 56.6% 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 71, Ridge Lane, Watford, the average age was 40.1 and the most common age was 37.
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 71, Ridge Lane, Watford, 1.4% 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 71, Ridge Lane, Watford, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.