According to the public record, Flat 1, Cedar House 11-21, Watford is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Cedar House, The Parade, Watford, WD17.
The Parade, Watford, WD17 is located in the borough of Watford within the WD17 postal district.
Flat 1, Cedar House 11-21, Watford has a single entry in the Land Registry database from July 2018 and a single entry in the EPC database dated October 2017.
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 Flat 1 Cedar House 11-21 Watford as £307,896 and the rental value as £1,533 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 1 Cedar House 11-21 Watford has decreased by £245 (0.1%) and its rental value has increased by £97 per month (6.4%).
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 Flat 1, Cedar House 11-21, Watford is in very good condition we estimate a sale value of £323,291 and rental value of £1,610 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,343 and a rental value of £1,426 per month.
If you were able to purchase this property for the estimated value of £307,896, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,513 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, Flat 1, Cedar House 11-21, Watford was last sold on 02 Jul 2018 for £319,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2018, the market for similar properties has dropped 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Cedar House 11-21, Watford within a radius of 360 metres over the last 2 years.
The most recent example is Apartment 17, Clarendon Lofts 31-35, Clarendon Road, Watford, WD17 1BP, a Leasehold flat which sold for £275,000 in Jan 2024.
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 Flat 1, Cedar House 11-21, Watford within a radius of 360 metres over the last 2 years.
Most recently 56, Wilmington Close, Watford, WD18 0AF, a Leasehold flat let by Imagine in Sep 2023.
The Parade, Watford, WD17 has a total of 296 addresses. According to our analysis of all the public data, Flat 1, Cedar House 11-21, Watford is the 89th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £230k less expensive than the average property in WD17.
Flat 1, Cedar House 11-21, Watford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Oct 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric boiler and radiators.
The closest station to Flat 1, Cedar House 11-21, Watford is Watford High Street station which is 700 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 Flat 1, Cedar House 11-21, Watford, 58.7% of property is privately rented and 23.9% 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 Flat 1, Cedar House 11-21, Watford, 16.4% of residents are recorded as possessing school level qualifications and 43.2% 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 Flat 1, Cedar House 11-21, 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 Flat 1, Cedar House 11-21, 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 Flat 1, Cedar House 11-21, 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.