As updated by Imagine in Dec 2022, 59B, Queens Road, Watford is a period 88 year lease apartment with 688 ft2 of internal area comprising 2 bedrooms .
There are 88 years remaining on the lease.
The apartment is in 59, Queens Road, Watford, WD17.
Queens Road, Watford, WD17 is located in the borough of Watford within the WD17 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 59B Queens Road Watford as £207,385 and the rental value as £1,423 per month giving an expected gross yield of 8.2%.
Imagine described the decorative condition as fair in Dec 2022.
Over the last 12 months the sale value of 59B Queens Road Watford has decreased by £361 (0.2%) and its rental value has increased by £84 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 59B, Queens Road, Watford is in very good condition we estimate a sale value of £217,754 and rental value of £1,494 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £192,868 and a rental value of £1,323 per month.
If you were able to purchase this property for the estimated value of £207,385, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,019 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, 59B, Queens Road, Watford was last sold on 30 Mar 2016 for £265,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2016, the market for similar properties has dropped 3.8%
According to Imagine , 59B, Queens Road, Watford was let 3 times since 2021 with the latest being in Dec 2022 for an undisclosed price.
Since Dec 2022, the market values of similar properties has risen 15.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59B, Queens Road, Watford within a radius of 410 metres over the last 2 years.
The most recent example is 57A, Queens Road, Watford, WD17 2QN, a Leasehold flat which sold for £192,000 in Jan 2017.
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 59B, Queens Road, Watford within a radius of 410 metres over the last 2 years.
Most recently 74, Gladstone Road, Watford, WD17 2RB, a Leasehold flat let by Imagine in Sep 2023.
Queens Road, Watford, WD17 has a total of 328 addresses. According to our analysis of all the public data, 59B, Queens Road, Watford is the 104th largest and the 236th most expensive property on the street.
When compared to the postcode district it is £331k less expensive than the average property in WD17.
59B, Queens Road, Watford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Dec 2015.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 59B, Queens Road, Watford is Watford High Street 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 59B, Queens Road, Watford, 75.0% of property is privately rented and 11.4% is privately owned outright.
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 59B, Queens Road, Watford, 17.9% of residents are recorded as possessing school level qualifications and 40.1% 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 59B, Queens 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 59B, Queens 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 59B, Queens 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.