As updated by Imagine in Dec 2020, Flat 5, Alderney House, Watford is a modern 114 year lease apartment with 415 ft2 of internal area comprising 1 bedroom .
There are 114 years remaining on the lease.
The apartment is in Alderney House, Scammell Way, Watford, WD18.
Scammell Way, 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 5 Alderney House Watford as £212,492 and the rental value as £1,127 per month giving an expected gross yield of 6.4%.
Imagine described the decorative condition as fair in Dec 2020.
Over the last 12 months the sale value of Flat 5 Alderney House Watford has decreased by £366 (0.2%) and its rental value has increased by £56 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 5, Alderney House, Watford is in very good condition we estimate a sale value of £223,116 and rental value of £1,184 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,617 and a rental value of £1,048 per month.
If you were able to purchase this property for the estimated value of £212,492, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,044 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 5, Alderney House, Watford was last sold on 05 Jun 2015 for £190,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2015, the market for similar properties has risen 12.1%
According to Imagine , Flat 5, Alderney House, Watford was let 4 times since 2021 with the latest being in Dec 2020 for an undisclosed price.
Since Dec 2020, the market values of similar properties has risen 24.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Alderney House, Watford within a radius of 480 metres over the last 2 years.
The most recent example is Flat 4, Alderney House, Scammell Way, Watford, WD18 6GE, a Leasehold flat which sold for £210,000 in Jan 2024.
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 5, Alderney House, Watford within a radius of 480 metres over the last 2 years.
Most recently 2 Skye House, Scammell Way, Watford, WD18 6GY, a Leasehold flat let by Imagine in Nov 2021.
Scammell Way, Watford, WD18 has a total of 115 addresses. According to our analysis of all the public data, Flat 5, Alderney House, Watford is the 68th largest and the 59th most expensive property on the street.
When compared to the postcode district it is £164k less expensive than the average property in WD18.
Flat 5, Alderney House, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jan 2022.
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 5, Alderney House, Watford is Watford station which is 1.3 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 5, Alderney House, Watford, 57.9% of property is privately rented and 30.8% 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 5, Alderney House, Watford, 18.6% of residents are recorded as possessing school level qualifications and 44.0% 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 5, Alderney House, 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 5, Alderney House, 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 5, Alderney House, 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.