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, Vicarage Court 105B, Watford is in very good condition we estimate a sale value of £285,101 and rental value of £1,476 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,518 and a rental value of £1,308 per month.
If you were able to purchase this property for the estimated value of £271,525, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,334 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 Imagine , Flat 4, Vicarage Court 105B, Watford was let 2 times since 2021 with the latest being in Aug 2023 for an undisclosed price.
Since Aug 2023, the market values of similar properties has risen 5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Vicarage Court 105B, Watford within a radius of 420 metres over the last 2 years.
The most recent example is First Floor Flat, 2, Oxford Street, Watford, WD18 0ES, a Leasehold flat which sold for £270,000 in Feb 2022.
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 1 let of a property similar to Flat 4, Vicarage Court 105B, Watford within a radius of 420 metres over the last 2 years.
Most recently Flat 3, 62A, Chester Road, Watford, WD18 0RH, a Leasehold flat let by Imagine in Aug 2018.
Vicarage Road, Watford, WD18 has a total of 302 addresses. According to our analysis of all the public data, Flat 4, Vicarage Court 105B, Watford is the 222nd largest and the 188th most expensive property on the street.
When compared to the postcode district it is £105k less expensive than the average property in WD18.
Flat 4, Vicarage Court 105B, Watford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Jun 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
As updated by Imagine in Aug 2023, Flat 4, Vicarage Court 105B, Watford is a modern 119 year lease apartment with 538 ft2 of internal area comprising 1 bedroom .
There are 119 years remaining on the lease.
The apartment is in Vicarage Court, Vicarage Road, Watford, WD18.
Vicarage Road, Watford, WD18 is located in the borough of Watford within the WD18 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 Vicarage Court 105B Watford as £271,525 and the rental value as £1,406 per month giving an expected gross yield of 6.2%.
Imagine described the decorative condition as good in Aug 2023.
Over the last 12 months the sale value of Flat 4 Vicarage Court 105B Watford has decreased by £572 (0.2%) and its rental value has increased by £71 per month (5.0%).
The closest station to Flat 4, Vicarage Court 105B, Watford is Watford High Street station which is 800 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, Vicarage Court 105B, Watford, 41.5% of property is privately rented and 34.7% 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, Vicarage Court 105B, Watford, 27.1% of residents are recorded as possessing school level qualifications and 38.7% 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, Vicarage Court 105B, 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, Vicarage Court 105B, 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 4, Vicarage Court 105B, 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.