According to the public record, 98, Park Road, Watford is a mid-century freehold house with 2,271 ft2 of internal area and sits on a 673 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Park Road, Watford, WD17 is located in the borough of Watford within the WD17 postal district.
98, Park Road, Watford has 21 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated September 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 reasonable condition, we estimate the current sale value for 98 Park Road Watford as £1,013,496 and the rental value as £3,727 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 98 Park Road Watford has decreased by £15,201 (1.5%) and its rental value has increased by £185 per month (5.0%).
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 98, Park Road, Watford is in very good condition we estimate a sale value of £1,064,171 and rental value of £3,914 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £942,551 and a rental value of £3,467 per month.
If you were able to purchase this property for the estimated value of £1,013,496, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,981 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, 98, Park Road, Watford sits on a plot of 673m2.
According to HM Land Registry, 98, Park Road, Watford was last sold on 10 May 2021 for £1,000,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2021, the market for similar properties has risen 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 98, Park Road, Watford within a radius of 460 metres over the last 2 years.
The most recent example is 98, Langley Road, Watford, WD17 4PJ, a Freehold house which sold for £1,349,300 in Aug 2021.
Read more about house prices in WD17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 460 metres radius of 98, Park Road, Watford over the last 2 years.
Most recently Flat 5, 101, Grandfield Avenue, Watford, WD17 4XD, a Leasehold flat let by Imagine in Nov 2021.
Park Road, Watford, WD17 has a total of 66 addresses. According to our analysis of all the public data, 98, Park Road, Watford is the 7th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £475k more expensive than the average property in WD17.
98, Park Road, Watford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 98, Park Road, Watford is Watford Junction station which is 700 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 98, Park Road, Watford, 47.1% of property is privately rented and 27.9% 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 98, Park Road, Watford, 20.2% of residents are recorded as possessing school level qualifications and 59.9% 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 98, Park Road, 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 98, Park Road, Watford, 1.7% 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 98, Park Road, Watford, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.