According to the public record, Bottom Flat, 340, Hagden Lane, Watford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 555 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 340, Hagden Lane, Watford, WD18.
Hagden Lane, Watford, WD18 is located in the borough of Watford within the WD18 postal district.
Bottom Flat, 340, Hagden Lane, Watford has 21 entries in the Land Registry database, most recently in April 2007 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 Bottom Flat 340 Hagden Lane Watford as £169,167 and the rental value as £985 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Bottom Flat 340 Hagden Lane Watford has increased by £27 (0.0%) and its rental value has increased by £51 per month (5.2%).
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 Bottom Flat, 340, Hagden Lane, Watford is in very good condition we estimate a sale value of £177,626 and rental value of £1,034 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £157,326 and a rental value of £916 per month.
If you were able to purchase this property for the estimated value of £169,167, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £831 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, Bottom Flat, 340, Hagden Lane, Watford was last sold on 23 Apr 2007 for £170,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2007, the market for similar properties has risen 43.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Bottom Flat, 340, Hagden Lane, Watford within a radius of 380 metres over the last 2 years.
The most recent example is Flat A, 324, Hagden Lane, Watford, WD18 7SH, a Leasehold flat which sold for £160,000 in Apr 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 3 lets within a 380 metres radius of Bottom Flat, 340, Hagden Lane, Watford over the last 2 years.
Most recently Flat 25, Mayfair Court, Observer Drive, Watford, WD18 7GA, a Leasehold flat let by Imagine in Jun 2023.
Hagden Lane, Watford, WD18 has a total of 269 addresses. According to our analysis of all the public data, Bottom Flat, 340, Hagden Lane, Watford is the 241st largest and the 265th most expensive property on the street.
When compared to the postcode district it is £208k less expensive than the average property in WD18.
The closest station to Bottom Flat, 340, Hagden Lane, 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 Bottom Flat, 340, Hagden Lane, Watford, 58.3% of property is socially rented and 15.4% 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 Bottom Flat, 340, Hagden Lane, Watford, 22.9% of residents are recorded as possessing school level qualifications and 25.3% 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 Bottom Flat, 340, Hagden Lane, 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 Bottom Flat, 340, Hagden Lane, 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 Bottom Flat, 340, Hagden Lane, 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.