According to the public record, Flat 1, Copsewood Lodge 1A, Watford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 790 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Copsewood Lodge, Copsewood Road, Watford, WD24.
Copsewood Road, Watford, WD24 is located in the borough of Watford within the WD24 postal district.
Flat 1, Copsewood Lodge 1A, Watford has a single entry in the Land Registry database from November 2023 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 Flat 1 Copsewood Lodge 1A Watford as £391,533 and the rental value as £1,718 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 1 Copsewood Lodge 1A Watford has increased by £3,446 (0.9%) and its rental value has increased by £115 per month (6.7%).
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, Copsewood Lodge 1A, Watford is in very good condition we estimate a sale value of £411,110 and rental value of £1,804 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £364,126 and a rental value of £1,597 per month.
If you were able to purchase this property for the estimated value of £391,533, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,924 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, Copsewood Lodge 1A, Watford was last sold on 30 Nov 2023 for £335,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2023, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Copsewood Lodge 1A, Watford within a radius of 410 metres over the last 2 years.
The most recent example is Flat 59, Conway Court 2, Marri Street, Watford, WD24 5GA, a Leasehold flat which sold for £405,000 in Mar 2024.
Read more about house prices in WD24.
*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, Copsewood Lodge 1A, Watford within a radius of 410 metres over the last 2 years.
Most recently Flat 3, Brewery Mews, Watford, WD17 1RT, a Leasehold flat let by Imagine in Aug 2023.
Copsewood Road, Watford, WD24 has a total of 89 addresses. According to our analysis of all the public data, Flat 1, Copsewood Lodge 1A, Watford is the 48th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in WD24.
The closest station to Flat 1, Copsewood Lodge 1A, Watford is Watford Junction 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 Flat 1, Copsewood Lodge 1A, Watford, 46.8% of property is privately rented and 39.3% 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, Copsewood Lodge 1A, Watford, 18.4% of residents are recorded as possessing school level qualifications and 49.4% 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, Copsewood Lodge 1A, Watford, the average age was 34.2 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, Copsewood Lodge 1A, 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, Copsewood Lodge 1A, 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.