According to the public record, Flat 4, 59-63, Holywell Road, Watford is a modern leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 59-63, Holywell Road, Watford, WD18.
Holywell Road, Watford, WD18 is located in the borough of Watford within the WD18 postal district.
Flat 4, 59-63, Holywell Road, Watford has 4 entries in the Land Registry database, most recently in November 2020 and a single entry in the EPC database dated December 2021.
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 4 59-63 Holywell Road Watford as £222,674 and the rental value as £1,251 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 4 59-63 Holywell Road Watford has decreased by £469 (0.2%) and its rental value has increased by £63 per month (5.0%).
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 4, 59-63, Holywell Road, Watford is in very good condition we estimate a sale value of £233,808 and rental value of £1,314 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,087 and a rental value of £1,164 per month.
If you were able to purchase this property for the estimated value of £222,674, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,094 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 4, 59-63, Holywell Road, Watford was last sold on 27 Nov 2020 for £230,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Nov 2020, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 59-63, Holywell Road, Watford within a radius of 410 metres over the last 2 years.
The most recent example is 1 Guernsey House, Pioneer Way, Watford, WD18 6ST, a Leasehold flat which sold for £205,000 in Jun 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 4, 59-63, Holywell Road, Watford within a radius of 410 metres over the last 2 years.
Most recently Flat 4, Vicarage Court 105B, Vicarage Road, Watford, WD18 0EY, a Leasehold flat let by Imagine in Aug 2023.
Holywell Road, Watford, WD18 has a total of 91 addresses. According to our analysis of all the public data, Flat 4, 59-63, Holywell Road, Watford is the 86th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £154k less expensive than the average property in WD18.
Flat 4, 59-63, Holywell Road, Watford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Dec 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to Flat 4, 59-63, Holywell Road, Watford is Watford High Street station which is 1.1 kilometres 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 4, 59-63, Holywell Road, Watford, 59.1% of property is privately rented and 26.0% 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 4, 59-63, Holywell Road, Watford, 23.1% of residents are recorded as possessing school level qualifications and 39.4% 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 4, 59-63, Holywell Road, 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 4, 59-63, Holywell Road, Watford, 3.7% 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 4, 59-63, Holywell Road, 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.