As updated by Imagine in Mar 2023, Flat 2, Roedean House, Watford is a modern 95 year lease apartment with 559 ft2 of internal area comprising 2 bedrooms .
There are 95 years remaining on the lease.
The apartment is in Roedean House, Exeter Close, Watford, WD24.
Exeter Close, Watford, WD24 is located in the borough of Watford within the WD24 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 2 Roedean House Watford as £266,113 and the rental value as £1,499 per month giving an expected gross yield of 6.8%.
Imagine described the decorative condition as fair in Mar 2023.
Over the last 12 months the sale value of Flat 2 Roedean House Watford has increased by £1,961 (0.7%) and its rental value has increased by £100 per month (6.6%).
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 2, Roedean House, Watford is in very good condition we estimate a sale value of £279,418 and rental value of £1,574 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,485 and a rental value of £1,395 per month.
If you were able to purchase this property for the estimated value of £266,113, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,308 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 2, Roedean House, Watford was last sold on 10 Jan 2008 for £218,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2008, the market for similar properties has risen 42.4%
According to Imagine , Flat 2, Roedean House, Watford was let 3 times since 2021 with the latest being in Mar 2023 for an undisclosed price.
Since Mar 2023, the market values of similar properties has risen 13.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Roedean House, Watford within a radius of 560 metres over the last 2 years.
The most recent example is Flat 5, Wellington House, Exeter Close, Watford, WD24 4BP, a Leasehold flat which sold for £281,500 in May 2024.
Read more about house prices in WD24.
*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 2, Roedean House, Watford within a radius of 560 metres over the last 2 years.
Most recently Flat 9, Canterbury House, Anglian Close, Watford, WD24 4RH, a Leasehold flat let by Imagine in Sep 2022.
Exeter Close, Watford, WD24 has a total of 95 addresses. According to our analysis of all the public data, Flat 2, Roedean House, Watford is the 74th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £128k less expensive than the average property in WD24.
Flat 2, Roedean House, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Nov 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 2, Roedean House, Watford is Watford Junction 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 2, Roedean House, Watford, 58.4% of property is privately rented and 30.2% 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 2, Roedean House, Watford, 7.5% of residents are recorded as possessing school level qualifications and 65.3% 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 2, Roedean House, Watford, the average age was 40.4 and the most common age was 42.
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 2, Roedean House, 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 2, Roedean House, 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.