According to the public record, Flat 15, Forester House 37, Watford is a modern leasehold apartment and with 365 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
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.
Flat 15, Forester House 37, Watford has a single entry in the Land Registry database from May 2018 and a single entry in the EPC database dated September 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 15 Forester House 37 Watford as £201,094 and the rental value as £1,147 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 15 Forester House 37 Watford has decreased by £695 (0.3%) and its rental value has increased by £62 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 15, Forester House 37, Watford is in very good condition we estimate a sale value of £211,149 and rental value of £1,205 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £187,017 and a rental value of £1,067 per month.
If you were able to purchase this property for the estimated value of £201,094, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £988 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 15, Forester House 37, Watford was last sold on 04 May 2018 for £230,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has risen 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 15, 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 15, 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 15, Forester House 37, Watford is the 79th largest and the 91st most expensive property on the street.
When compared to the postcode district it is £176k less expensive than the average property in WD18.
Flat 15, Forester House 37, Watford has an Energy Performance Rating (EPC) of C. 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 15, 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 15, 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 15, 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 15, 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 15, 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 15, 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.