According to the public record, Flat 23, Burrell House 445, Watford is a modern leasehold apartment and with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Burrell House, St. Albans Road, Watford, WD24.
St. Albans Road, Watford, WD24 is located in the borough of Watford within the WD24 postal district.
Flat 23, Burrell House 445, Watford has a single entry in the Land Registry database from November 2023 and 2 entries in the EPC database, most recently in April 2023.
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 good condition, we estimate the current sale value for Flat 23 Burrell House 445 Watford as £407,022 and the rental value as £1,748 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 23 Burrell House 445 Watford has increased by £4,445 (1.1%) and its rental value has increased by £114 per month (6.5%).
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 23, Burrell House 445, Watford is in very good condition we estimate a sale value of £427,374 and rental value of £1,836 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £378,531 and a rental value of £1,626 per month.
If you were able to purchase this property for the estimated value of £407,022, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,000 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 23, Burrell House 445, Watford was last sold on 09 Nov 2023 for £440,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2023, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 23, Burrell House 445, Watford within a radius of 0m over the last 2 years.
The most recent example is Flat 2, Burrell House 445, St. Albans Road, Watford, WD24 6AD, a Leasehold flat which sold for £399,900 in Nov 2023.
Read more about house prices in WD24.
Our network of Estate Agents report 3 lets within a 488m radius of Flat 23, Burrell House 445, Watford over the last 2 years.
Most recently 141, Sandringham Road, Watford, WD24 7BH, a Freehold house let by Imagine for an undisclosed amount in Nov 2023.
St. Albans Road, Watford, WD24 has a total of 543 addresses. According to our analysis of all the public data, Flat 23, Burrell House 445, Watford is the 185th largest and the 101st most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in WD24.
Flat 23, Burrell House 445, Watford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Apr 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Flat 23, Burrell House 445, Watford is Watford North station which is 600 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 23, Burrell House 445, Watford, 36.0% of property is privately rented and 31.2% 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 23, Burrell House 445, Watford, 20.9% of residents are recorded as possessing school level qualifications and 36.9% 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 23, Burrell House 445, Watford, the average age was 36 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 23, Burrell House 445, Watford, 0.3% 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 23, Burrell House 445, 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.