According to the public record, 81B, King Georges Avenue, Watford is a modern leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 81, King Georges Avenue, Watford, WD18.
King Georges Avenue, Watford, WD18 is located in the borough of Watford within the WD18 postal district.
81B, King Georges Avenue, Watford has 2 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated September 2014.
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 81B King Georges Avenue Watford as £156,307 and the rental value as £917 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 81B King Georges Avenue Watford has decreased by £307 (0.2%) and its rental value has increased by £45 per month (4.9%).
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 81B, King Georges Avenue, Watford is in very good condition we estimate a sale value of £164,122 and rental value of £963 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,366 and a rental value of £853 per month.
If you were able to purchase this property for the estimated value of £156,307, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £768 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, 81B, King Georges Avenue, Watford was last sold on 09 Apr 2021 for £145,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2021, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 81B, King Georges Avenue, Watford within a radius of 420 metres over the last 2 years.
The most recent example is 33, Argyle Court, Watford, WD18 7QP, a Leasehold flat which sold for £112,500 in Mar 2008.
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 within a 420 metres radius of 81B, King Georges Avenue, Watford over the last 2 years.
Most recently Flat 12, Cavalli Apartments, Modena Mews, Watford, WD18 7BJ, a Leasehold flat let by Imagine in Aug 2022.
King Georges Avenue, Watford, WD18 has a total of 165 addresses. According to our analysis of all the public data, 81B, King Georges Avenue, Watford is the 146th largest and the 163rd most expensive property on the street.
When compared to the postcode district it is £221k less expensive than the average property in WD18.
81B, King Georges Avenue, Watford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Sep 2014.
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 81B, King Georges Avenue, 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 81B, King Georges Avenue, Watford, 42.3% of property is privately rented and 31.6% is socially 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 81B, King Georges Avenue, Watford, 17.4% of residents are recorded as possessing school level qualifications and 37.5% 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 81B, King Georges Avenue, Watford, the average age was 35 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 81B, King Georges Avenue, Watford, 0.6% 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 81B, King Georges Avenue, Watford, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.