As updated by Imagine in Aug 2023, 9, Hanover Court 85-87, Watford is a leasehold apartment with 665 ft2 of internal area comprising 2 bedrooms .
This property has a long lease.
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.
Based on both the data supplied by Imagine and the public information available in the area, we estimate the current sale value for 9 Hanover Court 85-87 Watford as £257,833 and the rental value as £1,586 per month giving an expected gross yield of 7.4%.
Imagine described the decorative condition as fair in Aug 2023.
Over the last 12 months the sale value of 9 Hanover Court 85-87 Watford has increased by £42 (0.0%) and its rental value has increased by £82 per month (5.2%).
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 9, Hanover Court 85-87, Watford is in very good condition we estimate a sale value of £270,725 and rental value of £1,666 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,785 and a rental value of £1,475 per month.
If you were able to purchase this property for the estimated value of £257,833, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,267 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 Imagine , 9, Hanover Court 85-87, Watford was let 3 times since 2021 with the latest being in Feb 2020 for an undisclosed price.
Since Feb 2020, the market values of similar properties has risen 26.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Hanover Court 85-87, Watford within a radius of 440 metres over the last 2 years.
The most recent example is Flat 19, 533, Whippendell Road, Watford, WD18 7QF, a Leasehold flat which sold for £280,000 in Dec 2022.
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 9, Hanover Court 85-87, Watford within a radius of 440 metres over the last 2 years.
Most recently Flat 25, Omega Court, The Gateway, Watford, WD18 7HG, a Leasehold flat let by Imagine in Sep 2023.
King Georges Avenue, Watford, WD18 has a total of 165 addresses. According to our analysis of all the public data, 9, Hanover Court 85-87, Watford is the 102nd largest and the 89th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in WD18.
9, Hanover Court 85-87, Watford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 May 2021.
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 9, 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 9, 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 9, 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 9, 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 9, 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 9, 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.