As updated by Imagine in May 2022, 9, The Larches, Bushey is a mid-century 944 year lease apartment with 484 ft2 of internal area comprising 1 bedroom .
There are 944 years remaining on the lease.
The Larches, Bushey, WD23 is located in the borough of Watford within the WD23 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 The Larches Bushey as £252,214 and the rental value as £1,288 per month giving an expected gross yield of 6.1%.
Imagine described the decorative condition as fair in May 2022.
Over the last 12 months the sale value of 9 The Larches Bushey has increased by £71 (0.0%) and its rental value has increased by £70 per month (5.4%).
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, The Larches, Bushey is in very good condition we estimate a sale value of £264,824 and rental value of £1,353 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,559 and a rental value of £1,198 per month.
If you were able to purchase this property for the estimated value of £252,214, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,240 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, 9, The Larches, Bushey was last sold on 29 Jan 2007 for £151,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2007, the market for similar properties has risen 53.8%
According to Imagine , 9, The Larches, Bushey was let 3 times since 2021 with the latest being in May 2022 for an undisclosed price.
Since May 2022, the market values of similar properties has risen 21.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, The Larches, Bushey within a radius of 480 metres over the last 2 years.
The most recent example is 19, The Larches, Bushey, WD23 2NE, a Leasehold flat which sold for £240,000 in Jan 2022.
Read more about house prices in WD23.
*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, The Larches, Bushey within a radius of 480 metres over the last 2 years.
Most recently 10, The Larches, Bushey, WD23 2NE, a Leasehold flat let by Imagine in Dec 2020.
The Larches, Bushey, WD23 has a total of 33 addresses. According to our analysis of all the public data, 9, The Larches, Bushey is the 6th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £327k less expensive than the average property in WD23.
9, The Larches, Bushey has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Oct 2013.
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, The Larches, Bushey is Bushey station which is 300 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, The Larches, Bushey, 34.4% of property is privately rented and 28.8% 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, The Larches, Bushey, 14.4% of residents are recorded as possessing school level qualifications and 43.8% 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, The Larches, Bushey, the average age was 39.9 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, The Larches, Bushey, 1.3% 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, The Larches, Bushey, 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.