As updated by Imagine in Jul 2023, 201A, Leavesden Road, Watford is a 130 year lease apartment with 537 ft2 of internal area comprising 1 bedroom with a garden.
There are 130 years remaining on the lease.
The apartment is in 201, Leavesden Road, Watford, WD24.
Leavesden Road, Watford, WD24 is located in the borough of Watford within the WD24 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 201A Leavesden Road Watford as £229,063 and the rental value as £1,247 per month giving an expected gross yield of 6.5%.
Imagine described the decorative condition as fair in Jul 2023.
Over the last 12 months the sale value of 201A Leavesden Road Watford has increased by £2,509 (1.1%) and its rental value has increased by £83 per month (6.6%).
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 201A, Leavesden Road, Watford is in very good condition we estimate a sale value of £240,516 and rental value of £1,310 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,028 and a rental value of £1,160 per month.
If you were able to purchase this property for the estimated value of £229,063, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,126 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 201A, Leavesden Road, Watford within a radius of 420 metres over the last 2 years.
The most recent example is 11, Longspring, Watford, WD24 6NA, a Leasehold flat which sold for £190,000 in Nov 2022.
Read more about house prices in WD24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets of properties similar to 201A, Leavesden Road, Watford within a radius of 420 metres over the last 2 years.
Most recently 11, Longspring, Watford, WD24 6NA, a Leasehold flat let by Imagine in Sep 2023.
Leavesden Road, Watford, WD24 has a total of 272 addresses. According to our analysis of all the public data, 201A, Leavesden Road, Watford is the 202nd largest and the 223rd most expensive property on the street.
When compared to the postcode district it is £165k less expensive than the average property in WD24.
The closest station to 201A, Leavesden Road, Watford is Watford North station which is 900 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 201A, Leavesden Road, Watford, 43.9% of property is privately rented and 31.7% 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 201A, Leavesden Road, Watford, 18.3% 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 201A, Leavesden Road, Watford, the average age was 34.2 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 201A, Leavesden Road, Watford, 0.2% 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 201A, Leavesden 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.