According to the public record, Flat 5, North Court 3, Watford is a modern leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in North Court, Rembrandt Way, Watford, WD18.
Rembrandt Way, Watford, WD18 is located in the borough of Watford within the WD18 postal district.
Flat 5, North Court 3, Watford has a single entry in the Land Registry database from June 2017 and a single entry in the EPC database dated May 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 North Court 3 Watford as £331,915 and the rental value as £1,726 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 5 North Court 3 Watford has decreased by £3,834 (1.2%) and its rental value has increased by £68 per month (3.9%).
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 5, North Court 3, Watford is in very good condition we estimate a sale value of £348,511 and rental value of £1,812 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £308,681 and a rental value of £1,605 per month.
If you were able to purchase this property for the estimated value of £331,915, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,631 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, North Court 3, Watford was last sold on 06 Jun 2017 for £355,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2017, the market for similar properties has dropped 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, North Court 3, Watford within a radius of 400 metres over the last 2 years.
The most recent example is Flat 34, Rembrandt House 400, Whippendell Road, Watford, WD18 7PG, a Leasehold flat which sold for £275,000 in May 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 5, North Court 3, Watford within a radius of 400 metres over the last 2 years.
Most recently Flat 32, Rockwell Court, The Gateway, Watford, WD18 7HQ, a Leasehold flat let by Imagine in Oct 2022.
Rembrandt Way, Watford, WD18 has a total of 46 addresses. According to our analysis of all the public data, Flat 5, North Court 3, Watford is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in WD18.
Flat 5, North Court 3, Watford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 May 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 5, North Court 3, Watford is Watford station which is 700 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 5, North Court 3, Watford, 58.3% of property is socially rented and 15.4% 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, North Court 3, Watford, 22.9% of residents are recorded as possessing school level qualifications and 25.3% 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, North Court 3, 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, North Court 3, 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, North Court 3, Watford, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.