As updated by Imagine in Aug 2023, Flat 12, Forester House 37, Watford is a modern leasehold apartment with 391 ft2 of internal area comprising 1 bedroom .
This property has a long lease.
The apartment is in Forester House, Marlborough Road, Watford, WD18.
Marlborough Road, Watford, WD18 is located in the borough of Watford within the WD18 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 Flat 12 Forester House 37 Watford as £209,804 and the rental value as £1,198 per month giving an expected gross yield of 6.9%.
Imagine described the decorative condition as fair in Aug 2023.
Over the last 12 months the sale value of Flat 12 Forester House 37 Watford has decreased by £725 (0.3%) and its rental value has increased by £65 per month (5.4%).
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 12, Forester House 37, Watford is in very good condition we estimate a sale value of £220,295 and rental value of £1,258 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £195,118 and a rental value of £1,114 per month.
If you were able to purchase this property for the estimated value of £209,804, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,031 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 12, Forester House 37, Watford was last sold on 26 Jan 2024 for £200,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2024, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, Forester House 37, Watford within a radius of 141m over the last 2 years.
The most recent example is Flat 7, Upton Lodge 30, Upton Road, Watford, WD18 0JS, a Leasehold flat which sold for £202,500 in May 2024.
Read more about house prices in WD18.
Our network of Estate Agents report 3 lets of properties similar to Flat 12, Forester House 37, Watford within a radius of 186m over the last 2 years.
Most recently 131, Wilmington Close, Watford, WD18 0FQ, a Leasehold flat let by Imagine for an undisclosed amount in Sep 2023.
Marlborough Road, Watford, WD18 has a total of 115 addresses. According to our analysis of all the public data, Flat 12, Forester House 37, Watford is the 70th largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in WD18.
Flat 12, Forester House 37, Watford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Sep 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 12, Forester House 37, Watford is Watford High Street station which is 700 m 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 12, Forester House 37, Watford, 62.6% of property is privately rented and 19.2% 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 Flat 12, Forester House 37, Watford, 15.4% of residents are recorded as possessing school level qualifications and 40.3% 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 Flat 12, Forester House 37, 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 12, Forester House 37, 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 12, Forester House 37, Watford, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.