According to the public record, 147B, Chester Road, Watford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 147, Chester Road, Watford, WD18.
Chester Road, Watford, WD18 is located in the borough of Watford within the WD18 postal district.
147B, Chester Road, Watford has 2 entries in the Land Registry database, most recently in January 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 147B Chester Road Watford as £285,772 and the rental value as £1,486 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 147B Chester Road Watford has increased by £870 (0.3%) and its rental value has increased by £81 per month (5.4%).
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 147B, Chester Road, Watford is in very good condition we estimate a sale value of £300,061 and rental value of £1,560 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,768 and a rental value of £1,382 per month.
If you were able to purchase this property for the estimated value of £285,772, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,404 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, 147B, Chester Road, Watford was last sold on 22 Jan 2021 for £382,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2021, the market for similar properties has risen 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 147B, Chester Road, Watford within a radius of 350 metres over the last 2 years.
The most recent example is 60B , Chester Road, Watford, WD18 0RQ, a Leasehold flat which sold for £290,000 in Nov 2022.
Read more about house prices in WD18.
*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 147B, Chester Road, Watford within a radius of 350 metres over the last 2 years.
Most recently Flat 3, 62A, Chester Road, Watford, WD18 0RH, a Leasehold flat let by Imagine in Aug 2018.
Chester Road, Watford, WD18 has a total of 267 addresses. According to our analysis of all the public data, 147B, Chester Road, Watford is the 239th largest and the 237th most expensive property on the street.
When compared to the postcode district it is £91k less expensive than the average property in WD18.
147B, Chester Road, Watford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 May 2013.
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 147B, Chester Road, Watford is Watford 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 147B, Chester Road, Watford, 37.2% of property is privately owned with a mortgage and 36.6% is privately rented.
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 147B, Chester Road, Watford, 24.3% of residents are recorded as possessing school level qualifications and 35.0% 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 147B, Chester 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 147B, Chester Road, Watford, 0.0% 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 147B, Chester 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.