According to the public record, 55B, Rickmansworth Road, Watford is a mid-century leasehold apartment with 774 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 55, Rickmansworth Road, Watford, WD18.
Rickmansworth Road, Watford, WD18 is located in the borough of Watford within the WD18 postal district.
55B, Rickmansworth Road, Watford has 21 entries in the Land Registry database, most recently in April 2009 and a single entry in the EPC database dated November 2008.
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 55B Rickmansworth Road Watford as £278,826 and the rental value as £1,524 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 55B Rickmansworth Road Watford has increased by £801 (0.3%) and its rental value has increased by £90 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 55B, Rickmansworth Road, Watford is in very good condition we estimate a sale value of £292,767 and rental value of £1,601 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £259,308 and a rental value of £1,418 per month.
If you were able to purchase this property for the estimated value of £278,826, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,370 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, 55B, Rickmansworth Road, Watford was last sold on 09 Apr 2009 for £175,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2009, the market for similar properties has risen 65.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55B, Rickmansworth Road, Watford within a radius of 500 metres over the last 2 years.
The most recent example is 58, Whippendell Road, Watford, WD18 7LU, a Leasehold flat which sold for £275,000 in Nov 2023.
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 3 lets of properties similar to 55B, Rickmansworth Road, Watford within a radius of 500 metres over the last 2 years.
Most recently Flat 2, Gate House Place 25-27, Rickmansworth Road, Watford, WD18 7BY, a Leasehold flat let by Imagine in Jun 2023.
Rickmansworth Road, Watford, WD18 has a total of 323 addresses. According to our analysis of all the public data, 55B, Rickmansworth Road, Watford is the 169th largest and the 248th most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in WD18.
55B, Rickmansworth Road, Watford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Nov 2008.
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 55B, Rickmansworth Road, Watford is Watford station which is 600 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 55B, Rickmansworth Road, Watford, 57.0% of property is privately rented and 18.2% 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 55B, Rickmansworth Road, Watford, 21.8% of residents are recorded as possessing school level qualifications and 42.5% 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 55B, Rickmansworth Road, Watford, the average age was 40.1 and the most common age was 47.
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 55B, Rickmansworth 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 55B, Rickmansworth Road, Watford, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.