As updated by Imagine in Oct 2020, Flat 12, Salisbury House 160, Watford is a modern leasehold apartment with 495 ft2 of internal area comprising 1 bedroom .
There are 108 years remaining on the lease.
The apartment is in Salisbury House, Harwoods Road, Watford, WD18.
Harwoods 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 Salisbury House 160 Watford as £228,056 and the rental value as £1,193 per month giving an expected gross yield of 6.3%.
Imagine described the decorative condition as fair in Oct 2020.
Over the last 12 months the sale value of Flat 12 Salisbury House 160 Watford has decreased by £532 (0.2%) and its rental value has increased by £60 per month (5.1%).
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, Salisbury House 160, Watford is in very good condition we estimate a sale value of £239,459 and rental value of £1,253 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £212,092 and a rental value of £1,109 per month.
If you were able to purchase this property for the estimated value of £228,056, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,121 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, Salisbury House 160, Watford was last sold on 24 Aug 2015 for £194,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2015, the market for similar properties has risen 7.4%
According to Imagine , Flat 12, Salisbury House 160, Watford was let 3 times since 2021 with the latest being in Oct 2020 for an undisclosed price.
Since Oct 2020, the market values of similar properties has risen 25.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, Salisbury House 160, Watford within a radius of 0m over the last 2 years.
The most recent example is Flat 1, Salisbury House 160, Harwoods Road, Watford, WD18 7BG, a Leasehold flat which sold for £225,000 in Jan 2023.
Read more about house prices in WD18.
Our network of Estate Agents report 3 lets of properties similar to Flat 12, Salisbury House 160, Watford within a radius of 165m over the last 2 years.
Most recently Flat 7, Burberry Court 190, Harwoods Road, Watford, WD18 7RH, a Leasehold flat let by Imagine for an undisclosed amount in Apr 2019.
Harwoods Road, Watford, WD18 has a total of 244 addresses. According to our analysis of all the public data, Flat 12, Salisbury House 160, Watford is the 206th largest and the 209th most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in WD18.
Flat 12, Salisbury House 160, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Dec 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to Flat 12, Salisbury House 160, Watford is Watford station which is 900 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, Salisbury House 160, Watford, 52.7% of property is privately rented and 24.7% 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 12, Salisbury House 160, Watford, 26.4% of residents are recorded as possessing school level qualifications and 35.3% 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, Salisbury House 160, 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 12, Salisbury House 160, 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 Flat 12, Salisbury House 160, 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.