According to the public record, Flat 22, Omega Court, Watford is a modern leasehold apartment with 739 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Omega Court, The Gateway, Watford, WD18.
The Gateway, Watford, WD18 is located in the borough of Watford within the WD18 postal district.
Flat 22, Omega Court, Watford has 31 entries in the Land Registry database, most recently in June 2020 and a single entry in the EPC database dated May 2010.
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 22 Omega Court Watford as £336,041 and the rental value as £1,565 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 22 Omega Court Watford has decreased by £3,882 (1.2%) and its rental value has increased by £61 per month (3.9%).
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, Omega Court, Watford is in very good condition we estimate a sale value of £352,843 and rental value of £1,643 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,518 and a rental value of £1,456 per month.
If you were able to purchase this property for the estimated value of £336,041, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,652 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, Omega Court, Watford was last sold on 19 Jun 2020 for £317,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2020, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 22, Omega Court, Watford within a radius of 500 metres over the last 2 years.
The most recent example is Flat 40, Omega Court, The Gateway, Watford, WD18 7HG, a Leasehold flat which sold for £322,000 in Aug 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 of properties similar to Flat 22, Omega Court, Watford within a radius of 500 metres over the last 2 years.
Most recently Flat 25, Omega Court, The Gateway, Watford, WD18 7HG, a Leasehold flat let by Imagine in Sep 2023.
The Gateway, Watford, WD18 has a total of 156 addresses. According to our analysis of all the public data, Flat 22, Omega Court, Watford is the 81st largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £41k less expensive than the average property in WD18.
Flat 22, Omega Court, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 May 2010.
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 22, Omega Court, Watford is Watford station which is 800 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 22, Omega Court, Watford, 40.8% of property is privately rented and 30.0% 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 22, Omega Court, Watford, 17.3% of residents are recorded as possessing school level qualifications and 37.1% 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 22, Omega Court, 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, Omega Court, Watford, 0.5% 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, Omega Court, Watford, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.