According to the public record, Flat 15, Maddison Heights, Watford is a modern leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Maddison Heights, Chiltern Close, Watford, WD18.
Chiltern Close, Watford, WD18 is located in the borough of Watford within the WD18 postal district.
Flat 15, Maddison Heights, Watford has 3 entries in the Land Registry database, most recently in July 2015 and a single entry in the EPC database dated February 2015.
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 Maddison Heights Watford as £185,785 and the rental value as £1,035 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 15 Maddison Heights Watford has increased by £842 (0.5%) and its rental value has increased by £59 per month (5.7%).
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 15, Maddison Heights, Watford is in very good condition we estimate a sale value of £195,074 and rental value of £1,087 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,780 and a rental value of £963 per month.
If you were able to purchase this property for the estimated value of £185,785, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £913 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, Maddison Heights, Watford was last sold on 29 Jul 2015 for £150,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2015, the market for similar properties has risen 9.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 15, Maddison Heights, Watford within a radius of 460 metres over the last 2 years.
The most recent example is Flat 8, Maddison Heights, Chiltern Close, Watford, WD18 7AE, a Leasehold flat which sold for £172,500 in Dec 2023.
Read more about house prices in WD18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 460 metres radius of Flat 15, Maddison Heights, Watford over the last 2 years.
Most recently Flat 19, Bowling Court, Mildred Avenue, Watford, WD18 7EH, a Leasehold flat let by Imagine in Sep 2021.
Chiltern Close, Watford, WD18 has a total of 30 addresses. According to our analysis of all the public data, Flat 15, Maddison Heights, Watford is the 19th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £191k less expensive than the average property in WD18.
Flat 15, Maddison Heights, Watford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Feb 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 15, Maddison Heights, Watford is Watford station which is 300 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 15, Maddison Heights, Watford, 30.0% of property is privately rented and 27.8% is socially rented.
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, Maddison Heights, Watford, 25.1% of residents are recorded as possessing school level qualifications and 59.2% 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 15, Maddison Heights, Watford, the average age was 40.1 and the most common age was 47.
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, Maddison Heights, 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, Maddison Heights, Watford, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.