According to the public record, Flat 20, Queens Gate 2, Watford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 816 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Queens Gate, Lord Street, Watford, WD17.
Lord Street, Watford, WD17 is located in the borough of Watford within the WD17 postal district.
Flat 20, Queens Gate 2, Watford has a single entry in the Land Registry database from June 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 20 Queens Gate 2 Watford as £334,423 and the rental value as £1,676 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 20 Queens Gate 2 Watford has decreased by £6,545 (2.0%) and its rental value has increased by £68 per month (4.0%).
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 20, Queens Gate 2, Watford is in very good condition we estimate a sale value of £351,144 and rental value of £1,760 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £311,014 and a rental value of £1,559 per month.
If you were able to purchase this property for the estimated value of £334,423, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,644 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 20, Queens Gate 2, Watford was last sold on 27 Jun 2008 for £275,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2008, the market for similar properties has risen 44.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 20, Queens Gate 2, Watford within a radius of 390 metres over the last 2 years.
The most recent example is Flat 56, Queens Gate 2, Lord Street, Watford, WD17 2LQ, a Leasehold flat which sold for £330,000 in Dec 2022.
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 20, Queens Gate 2, Watford within a radius of 390 metres over the last 2 years.
Most recently Flat 61, Queens Gate 2, Lord Street, Watford, WD17 2LQ, a Leasehold flat let by Imagine in Oct 2023.
Lord Street, Watford, WD17 has a total of 122 addresses. According to our analysis of all the public data, Flat 20, Queens Gate 2, Watford is the 12th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £204k less expensive than the average property in WD17.
The closest station to Flat 20, Queens Gate 2, Watford is Watford High Street station which is 500 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 20, Queens Gate 2, Watford, 75.0% of property is privately rented and 11.4% 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 20, Queens Gate 2, Watford, 17.9% of residents are recorded as possessing school level qualifications and 40.1% 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 20, Queens Gate 2, 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 20, Queens Gate 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 20, Queens Gate 2, Watford, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.