As updated by Imagine in Jul 2022, Flat 17, Stewart Court 2, Watford is a modern 113 year lease apartment with 818 ft2 of internal area comprising 2 bedrooms with a balcony.
There are 113 years remaining on the lease.
The apartment is in Stewart Court, Colnhurst Road, Watford, WD17.
Colnhurst Road, Watford, WD17 is located in the borough of Watford within the WD17 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 17 Stewart Court 2 Watford as £377,744 and the rental value as £1,819 per month giving an expected gross yield of 5.8%.
Imagine described the decorative condition as fair in Jul 2022.
Over the last 12 months the sale value of Flat 17 Stewart Court 2 Watford has decreased by £7,078 (1.9%) and its rental value has increased by £83 per month (4.6%).
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 17, Stewart Court 2, Watford is in very good condition we estimate a sale value of £396,631 and rental value of £1,910 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £351,302 and a rental value of £1,692 per month.
If you were able to purchase this property for the estimated value of £377,744, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,856 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 17, Stewart Court 2, Watford was last sold on 31 May 2013 for £370,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2013, the market for similar properties has risen 42.9%
According to Imagine , Flat 17, Stewart Court 2, Watford was let 4 times since 2021 with the latest being in Jul 2022 for an undisclosed price.
Since Jul 2022, the market values of similar properties has risen 20.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 17, Stewart Court 2, Watford within a radius of 480 metres over the last 2 years.
The most recent example is Flat 16, Campbell Court 1, Colnhurst Road, Watford, WD17 4BU, a Leasehold flat which sold for £373,500 in Jul 2023.
Read more about house prices in WD17.
*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 17, Stewart Court 2, Watford within a radius of 480 metres over the last 2 years.
Most recently Flat 21, Hurst Court 8, Elliot Road, Watford, WD17 4DF, a Leasehold flat let by Imagine in Mar 2021.
Colnhurst Road, Watford, WD17 has a total of 163 addresses. According to our analysis of all the public data, Flat 17, Stewart Court 2, Watford is the 74th largest and the 94th most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in WD17.
Flat 17, Stewart Court 2, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Feb 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 17, Stewart Court 2, Watford is Watford Junction station which is 1.0 kilometres 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 17, Stewart Court 2, Watford, 73.8% of property is socially rented and 15.0% is shared ownership.
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 17, Stewart Court 2, Watford, 35.3% of residents are recorded as possessing school level qualifications and 24.6% 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 17, Stewart Court 2, Watford, the average age was 40.1 and the most common age was 37.
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 17, Stewart Court 2, 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 17, Stewart Court 2, 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.