According to the public record, Flat 38, Omega Court, Watford is a modern leasehold apartment and with 1,151 ft2 of internal area.
Apartments of this size in this area normally have 3 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 38, Omega Court, Watford has 21 entries in the Land Registry database, most recently in February 2024 and 2 entries in the EPC database, most recently in July 2017.
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 38 Omega Court Watford as £444,639 and the rental value as £2,120 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 38 Omega Court Watford has decreased by £2,057 (0.5%) and its rental value has increased by £99 per month (4.7%).
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 38, Omega Court, Watford is in very good condition we estimate a sale value of £466,871 and rental value of £2,226 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £413,514 and a rental value of £1,972 per month.
If you were able to purchase this property for the estimated value of £444,639, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,185 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 38, Omega Court, Watford was last sold on 02 Feb 2024 for £520,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2024, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 38, Omega Court, Watford within a radius of 115m over the last 2 years.
The most recent example is Flat 36, 533, Whippendell Road, Watford, WD18 7QF, a Leasehold flat which sold for £300,000 in Nov 2023.
Read more about house prices in WD18.
Our network of Estate Agents report 3 lets within a 474m radius of Flat 38, Omega Court, Watford over the last 2 years.
Most recently Flat 25, Mayfair Court, Observer Drive, Watford, WD18 7GA, a Leasehold flat let by Imagine for an undisclosed amount in Jun 2023.
The Gateway, Watford, WD18 has a total of 156 addresses. According to our analysis of all the public data, Flat 38, Omega Court, Watford is the 27th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £68k more expensive than the average property in WD18.
Flat 38, Omega Court, Watford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jul 2017.
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 38, Omega Court, 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 38, 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 38, 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 38, 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 38, 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 38, 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.