According to the public record, 90, Orchid Court 1, Watford is a leasehold apartment and with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Orchid Court, West Street, Watford, WD17.
West Street, Watford, WD17 is located in the borough of Watford within the WD17 postal district.
90, Orchid Court 1, Watford has 2 entries in the Land Registry database, most recently in May 2024 and a single entry in the EPC database dated May 2020.
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 good condition, we estimate the current sale value for 90 Orchid Court 1 Watford as £323,050 and the rental value as £1,542 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 90 Orchid Court 1 Watford has decreased by £19 (0.0%) and its rental value has increased by £103 per month (6.7%).
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 90, Orchid Court 1, Watford is in very good condition we estimate a sale value of £339,202 and rental value of £1,620 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £300,436 and a rental value of £1,434 per month.
If you were able to purchase this property for the estimated value of £323,050, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,588 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, 90, Orchid Court 1, Watford was last sold on 22 May 2024 for £340,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2024, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 90, Orchid Court 1, Watford within a radius of 0m over the last 2 years.
The most recent example is 29, Orchid Court 1, West Street, Watford, WD17 1BU, a Leasehold flat which sold for £295,000 in Jan 2022.
Read more about house prices in WD17.
Our network of Estate Agents report 3 lets of properties similar to 90, Orchid Court 1, Watford within a radius of 154m over the last 2 years.
Most recently Bottom Flat, 7, Canterbury Road, Watford, WD17 1QT, a Leasehold flat let by Imagine for an undisclosed amount in Sep 2023.
West Street, Watford, WD17 has a total of 123 addresses. According to our analysis of all the public data, 90, Orchid Court 1, Watford is the 61st largest and the 61st most expensive property on the street.
When compared to the postcode district it is £215k less expensive than the average property in WD17.
90, Orchid Court 1, Watford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 May 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 90, Orchid Court 1, Watford is Watford Junction station which is 300 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 90, Orchid Court 1, Watford, 38.0% of property is privately rented and 25.1% 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 90, Orchid Court 1, Watford, 13.8% 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 90, Orchid Court 1, 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 90, Orchid Court 1, Watford, 1.0% 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 90, Orchid Court 1, 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.