According to the public record, Flat 5, Salisbury House 160, Watford is a modern leasehold apartment and with 484 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Salisbury House, Harwoods Road, Watford, WD18.
Harwoods Road, Watford, WD18 is located in the borough of Watford within the WD18 postal district.
Flat 5, Salisbury House 160, Watford has a single entry in the Land Registry database from March 2016 and 2 entries in the EPC database, most recently in October 2019.
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 Salisbury House 160 Watford as £225,411 and the rental value as £1,178 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 5 Salisbury House 160 Watford has decreased by £526 (0.2%) and its rental value has increased by £60 per month (5.1%).
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, Salisbury House 160, Watford is in very good condition we estimate a sale value of £236,682 and rental value of £1,237 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,632 and a rental value of £1,096 per month.
If you were able to purchase this property for the estimated value of £225,411, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,108 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, Salisbury House 160, Watford was last sold on 30 Mar 2016 for £214,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2016, the market for similar properties has dropped 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Salisbury House 160, Watford within a radius of 0m over the last 2 years.
The most recent example is Flat 1, Salisbury House 160, Harwoods Road, Watford, WD18 7BG, a Leasehold flat which sold for £225,000 in Jan 2023.
Read more about house prices in WD18.
Our network of Estate Agents report 3 lets of properties similar to Flat 5, Salisbury House 160, Watford within a radius of 165m over the last 2 years.
Most recently Flat 12, Salisbury House 160, Harwoods Road, Watford, WD18 7BG, a Leasehold flat let by Imagine for an undisclosed amount in Oct 2020.
Harwoods Road, Watford, WD18 has a total of 244 addresses. According to our analysis of all the public data, Flat 5, Salisbury House 160, Watford is the 209th largest and the 212th most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in WD18.
Flat 5, Salisbury House 160, Watford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Oct 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to Flat 5, Salisbury House 160, Watford is Watford station which is 900 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, Salisbury House 160, Watford, 52.7% of property is privately rented and 24.7% 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 5, Salisbury House 160, Watford, 26.4% of residents are recorded as possessing school level qualifications and 35.3% 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, Salisbury House 160, 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, Salisbury House 160, Watford, 0.6% 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, Salisbury House 160, 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.