According to the public record, 55A, Sotheron Road, Watford is a modern apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 55, Sotheron Road, Watford, WD17.
Sotheron Road, Watford, WD17 is located in the borough of Watford within the WD17 postal district.
55A, Sotheron Road, Watford has no recent1 records in the Land Registry database and a single entry in the EPC database dated January 2019.
We combine this information with public data 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 55A Sotheron Road Watford as £197,431 and the rental value as £1,110 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 55A Sotheron Road Watford has decreased by £437 (0.2%) and its rental value has increased by £65 per month (5.9%).
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 55A, Sotheron Road, Watford is in very good condition we estimate a sale value of £207,302 and rental value of £1,165 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £183,610 and a rental value of £1,032 per month.
If you were able to purchase this property for the estimated value of £197,431, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £970 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, 55A, Sotheron Road, Watford was last sold on 01 Jun 1999 for £40,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55A, Sotheron Road, Watford within a radius of 400 metres over the last 2 years.
The most recent example is Flat 3, 161, Queens Road, Watford, WD17 2QH, a Leasehold flat which sold for £230,000 in Oct 2023.
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 of properties similar to 55A, Sotheron Road, Watford within a radius of 400 metres over the last 2 years.
Most recently Flat 7, Victoria Court 89A, Queens Road, Watford, WD17 2QR, a Leasehold flat let by Imagine in Sep 2023.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sotheron Road, Watford, WD17 has a total of 104 addresses. According to our analysis of all the public data, 55A, Sotheron Road, Watford is the 100th largest and the 101st most expensive property on the street.
When compared to the postcode district it is £341k less expensive than the average property in WD17.
55A, Sotheron Road, Watford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Jan 2019.
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 55A, Sotheron Road, Watford is Watford Junction station which is 400 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 55A, Sotheron Road, Watford, 66.0% of property is privately rented and 21.1% 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 55A, Sotheron Road, Watford, 26.7% of residents are recorded as possessing school level qualifications and 48.7% 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 55A, Sotheron Road, Watford, the average age was 34.7 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 55A, Sotheron Road, Watford, 0.4% 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 55A, Sotheron Road, Watford, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.