According to the public record, 316A, St. Albans Road, Watford is a period leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 316, St. Albans Road, Watford, WD24.
St. Albans Road, Watford, WD24 is located in the borough of Watford within the WD24 postal district.
316A, St. Albans Road, Watford has 41 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated July 2019.
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 316A St. Albans Road Watford as £225,311 and the rental value as £1,237 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 316A St. Albans Road Watford has increased by £2,275 (1.0%) and its rental value has increased by £80 per month (6.5%).
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 316A, St. Albans Road, Watford is in very good condition we estimate a sale value of £236,577 and rental value of £1,299 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,539 and a rental value of £1,150 per month.
If you were able to purchase this property for the estimated value of £225,311, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,107 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, 316A, St. Albans Road, Watford was last sold on 21 Mar 2016 for £157,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2016, the market for similar properties has dropped 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 316A, St. Albans Road, Watford within a radius of 380 metres over the last 2 years.
The most recent example is 326A, St. Albans Road, Watford, WD24 6PQ, a Leasehold flat which sold for £237,500 in Jun 2023.
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 1 let of a property similar to 316A, St. Albans Road, Watford within a radius of 380 metres over the last 2 years.
Most recently Flat 37, College Yard 5, Gammons Lane, Watford, WD24 6BQ, a Leasehold flat let by Imagine in Feb 2019.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Albans Road, Watford, WD24 has a total of 543 addresses. According to our analysis of all the public data, 316A, St. Albans Road, Watford is the 298th largest and the 354th most expensive property on the street.
When compared to the postcode district it is £169k less expensive than the average property in WD24.
316A, St. Albans Road, Watford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jul 2019.
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 316A, St. Albans Road, Watford is Watford North station which is 500 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 316A, St. Albans Road, Watford, 37.5% of property is privately rented and 25.7% 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 316A, St. Albans Road, Watford, 25.1% of residents are recorded as possessing school level qualifications and 33.9% 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 316A, St. Albans 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 316A, St. Albans Road, Watford, 0.7% 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 316A, St. Albans Road, Watford, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.