As updated by Imagine in Aug 2023, Flat 4, Hertford House, Watford is a leasehold apartment with a share of the freehold and with 330 ft2 of internal area comprising 1 bedroom .
The apartment is in Hertford House, Sutton Road, Watford, WD17.
Sutton Road, Watford, WD17 is located in the borough of Watford within the WD17 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 4 Hertford House Watford as £160,022 and the rental value as £1,062 per month giving an expected gross yield of 8%.
Imagine described the decorative condition as fair in Aug 2023.
Over the last 12 months the sale value of Flat 4 Hertford House Watford has decreased by £354 (0.2%) and its rental value has increased by £62 per month (5.9%).
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, Hertford House, Watford is in very good condition we estimate a sale value of £168,023 and rental value of £1,115 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £148,821 and a rental value of £987 per month.
If you were able to purchase this property for the estimated value of £160,022, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £786 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, Hertford House, Watford was last sold on 10 Aug 2007 for £142,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Aug 2007, the market for similar properties has risen 38.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Hertford House, Watford within a radius of 400 metres over the last 2 years.
The most recent example is Flat 51, Arliss Court 24, Clarendon Road, Watford, WD17 1JY, a Leasehold flat which sold for £187,500 in Apr 2021.
Read more about house prices in WD17.
*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, Hertford House, Watford within a radius of 400 metres over the last 2 years.
Most recently 125A, Queens Road, Watford, WD17 2QL, a Leasehold flat let by Imagine in Nov 2022.
Sutton Road, Watford, WD17 has a total of 131 addresses. According to our analysis of all the public data, Flat 4, Hertford House, Watford is the 129th largest and the 130th most expensive property on the street.
When compared to the postcode district it is £378k less expensive than the average property in WD17.
Flat 4, Hertford House, Watford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Jan 2019.
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 4, Hertford House, Watford is Watford Junction 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 4, Hertford House, Watford, 66.0% of property is privately rented and 21.1% 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, Hertford House, Watford, 26.7% of residents are recorded as possessing school level qualifications and 48.7% 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, Hertford House, Watford, the average age was 34.7 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, Hertford House, Watford, 0.4% 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, Hertford House, Watford, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.