As updated by Imagine in Sep 2022, Flat 22, Lucida Court 534-536, Watford is a modern leasehold apartment with 585 ft2 of internal area comprising 2 bedrooms .
There are 109 years remaining on the lease.
The apartment is in Lucida Court, Whippendell Road, Watford, WD18.
Whippendell Road, Watford, WD18 is located in the borough of Watford within the WD18 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 22 Lucida Court 534-536 Watford as £245,551 and the rental value as £1,363 per month giving an expected gross yield of 6.7%.
Imagine described the decorative condition as fair in Sep 2022.
Over the last 12 months the sale value of Flat 22 Lucida Court 534-536 Watford has increased by £40 (0.0%) and its rental value has increased by £70 per month (5.2%).
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 22, Lucida Court 534-536, Watford is in very good condition we estimate a sale value of £257,829 and rental value of £1,431 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,362 and a rental value of £1,267 per month.
If you were able to purchase this property for the estimated value of £245,551, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,207 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 22, Lucida Court 534-536, Watford was last sold on 09 Feb 2007 for £210,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2007, the market for similar properties has risen 45.9%
According to Imagine , Flat 22, Lucida Court 534-536, Watford was let 5 times since 2021 with the latest being in Sep 2022 for an undisclosed price.
Since Sep 2022, the market values of similar properties has risen 16%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 22, Lucida Court 534-536, Watford within a radius of 94m over the last 2 years.
The most recent example is Flat 16, 533, Whippendell Road, Watford, WD18 7QF, a Leasehold flat which sold for £249,000 in Sep 2023.
Read more about house prices in WD18.
Our network of Estate Agents report 3 lets of properties similar to Flat 22, Lucida Court 534-536, Watford within a radius of 238m over the last 2 years.
Most recently 1, Bridge Court 528, Whippendell Road, Watford, WD18 7QN, a Leasehold flat let by Imagine for an undisclosed amount in Mar 2021.
Whippendell Road, Watford, WD18 has a total of 766 addresses. According to our analysis of all the public data, Flat 22, Lucida Court 534-536, Watford is the 570th largest and the 610th most expensive property on the street.
When compared to the postcode district it is £131k less expensive than the average property in WD18.
Flat 22, Lucida Court 534-536, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jul 2015.
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 22, Lucida Court 534-536, Watford is Watford station which is 800 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 22, Lucida Court 534-536, Watford, 51.2% of property is privately rented and 23.9% 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 22, Lucida Court 534-536, Watford, 26.5% of residents are recorded as possessing school level qualifications and 51.5% 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 22, Lucida Court 534-536, Watford, the average age was 35 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 22, Lucida Court 534-536, Watford, 1.0% 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 22, Lucida Court 534-536, Watford, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.