As updated by Imagine in Jul 2017, Flat 32, The Vale, Bushey is a modern 119 year lease apartment with 548 ft2 of internal area comprising 2 bedrooms with a balcony.
There are 119 years remaining on the lease.
The apartment is in The Vale, Vale Road, Bushey, WD23.
Vale Road, Bushey, WD23 is located in the borough of Hertsmere within the WD23 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 32 The Vale Bushey as £310,492 and the rental value as £1,473 per month giving an expected gross yield of 5.7%.
Imagine described the decorative condition as fair in Jul 2017.
Over the last 12 months the sale value of Flat 32 The Vale Bushey has decreased by £5,417 (1.7%) and its rental value has increased by £52 per month (3.5%).
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 32, The Vale, Bushey is in very good condition we estimate a sale value of £326,017 and rental value of £1,547 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £288,758 and a rental value of £1,370 per month.
If you were able to purchase this property for the estimated value of £310,492, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,526 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 32, The Vale, Bushey was last sold on 28 Apr 2017 for £330,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2017, the market for similar properties has dropped 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 32, The Vale, Bushey within a radius of 560 metres over the last 2 years.
The most recent example is Flat 12, The Vale, Vale Road, Bushey, WD23 2FT, a Leasehold flat which sold for £315,000 in May 2024.
Read more about house prices in WD23.
*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 32, The Vale, Bushey within a radius of 560 metres over the last 2 years.
Most recently Flat 26, The Vale, Vale Road, Bushey, WD23 2FT, a Leasehold flat let by Imagine in Sep 2020.
Vale Road, Bushey, WD23 has a total of 118 addresses. According to our analysis of all the public data, Flat 32, The Vale, Bushey is the 115th largest and the 108th most expensive property on the street.
When compared to the postcode district it is £269k less expensive than the average property in WD23.
Flat 32, The Vale, Bushey has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Mar 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 32, The Vale, Bushey is Bushey 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 32, The Vale, Bushey, 50.2% of property is privately owned with a mortgage and 33.1% is privately 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 32, The Vale, Bushey, 15.3% of residents are recorded as possessing school level qualifications and 56.2% 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 32, The Vale, Bushey, the average age was 41 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 32, The Vale, Bushey, 0.2% 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 32, The Vale, Bushey, 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.