According to the public record, Flat 5, Leavesden Lodge 1A, Watford is a modern leasehold apartment and with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Leavesden Lodge, Leavesden Road, Watford, WD24.
Leavesden Road, Watford, WD24 is located in the borough of Watford within the WD24 postal district.
Flat 5, Leavesden Lodge 1A, Watford has 2 entries in the Land Registry database, most recently in May 2024 and a single entry in the EPC database dated March 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 5 Leavesden Lodge 1A Watford as £272,403 and the rental value as £1,475 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 5 Leavesden Lodge 1A Watford has decreased by £3,767 (1.4%) and its rental value has increased by £64 per month (4.3%).
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, Leavesden Lodge 1A, Watford is in very good condition we estimate a sale value of £286,023 and rental value of £1,548 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,335 and a rental value of £1,371 per month.
If you were able to purchase this property for the estimated value of £272,403, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,339 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, Leavesden Lodge 1A, Watford was last sold on 23 May 2024 for £260,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2024, the market for similar properties has dropped 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Leavesden Lodge 1A, Watford within a radius of 0m over the last 2 years.
The most recent example is Flat 10, Leavesden Lodge 1A, Leavesden Road, Watford, WD24 5FR, a Leasehold flat which sold for £260,000 in Oct 2022.
Read more about house prices in WD24.
Our network of Estate Agents report 3 lets of properties similar to Flat 5, Leavesden Lodge 1A, Watford within a radius of 199m over the last 2 years.
Most recently Flat 14, Leavesden Lodge 1A, Leavesden Road, Watford, WD24 5FR, a Leasehold flat let by Imagine for an undisclosed amount in Jan 2021.
Leavesden Road, Watford, WD24 has a total of 272 addresses. According to our analysis of all the public data, Flat 5, Leavesden Lodge 1A, Watford is the 197th largest and the 175th most expensive property on the street.
When compared to the postcode district it is £122k less expensive than the average property in WD24.
Flat 5, Leavesden Lodge 1A, Watford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Mar 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 5, Leavesden Lodge 1A, Watford is Watford Junction station which is 500 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 5, Leavesden Lodge 1A, Watford, 46.8% of property is privately rented and 39.3% 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, Leavesden Lodge 1A, Watford, 18.4% of residents are recorded as possessing school level qualifications and 49.4% 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 5, Leavesden Lodge 1A, 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 5, Leavesden Lodge 1A, 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 5, Leavesden Lodge 1A, 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.