According to the public record, Flat 26, Chiltern Court 1, Watford is a modern leasehold apartment and with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Chiltern Court, Marri Street, Watford, WD24.
Marri Street, Watford, WD24 is located in the borough of Watford within the WD24 postal district.
Flat 26, Chiltern Court 1, Watford has a single entry in the Land Registry database from January 2023 and 2 entries in the EPC database, most recently in December 2020.
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 26 Chiltern Court 1 Watford as £366,746 and the rental value as £1,627 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 26 Chiltern Court 1 Watford has decreased by £5,072 (1.4%) and its rental value has increased by £70 per month (4.3%).
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 26, Chiltern Court 1, Watford is in very good condition we estimate a sale value of £385,083 and rental value of £1,708 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £341,073 and a rental value of £1,513 per month.
If you were able to purchase this property for the estimated value of £366,746, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,802 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 26, Chiltern Court 1, Watford was last sold on 31 Jan 2023 for £400,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2023, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 26, Chiltern Court 1, Watford within a radius of 54m over the last 2 years.
The most recent example is Flat 59, Conway Court 2, Marri Street, Watford, WD24 5GA, a Leasehold flat which sold for £405,000 in Mar 2024.
Read more about house prices in WD24.
Our network of Estate Agents report 3 lets of properties similar to Flat 26, Chiltern Court 1, Watford within a radius of 323m over the last 2 years.
Most recently Flat 3, Brewery Mews, Watford, WD17 1RT, a Leasehold flat let by Imagine for an undisclosed amount in Aug 2023.
Marri Street, Watford, WD24 has a total of 139 addresses. According to our analysis of all the public data, Flat 26, Chiltern Court 1, Watford is the 79th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £28k less expensive than the average property in WD24.
Flat 26, Chiltern Court 1, Watford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Dec 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 26, Chiltern Court 1, Watford is Watford Junction station which is 300 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 26, Chiltern Court 1, Watford, 46.8% of property is privately rented and 39.3% 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 26, Chiltern Court 1, Watford, 18.4% of residents are recorded as possessing school level qualifications and 49.4% 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 26, Chiltern Court 1, Watford, the average age was 34.2 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 26, Chiltern Court 1, 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 26, Chiltern Court 1, 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.