As updated by Imagine in Aug 2021, Flat 5, Upton Lodge 30, Watford is a modern leasehold apartment with 699 ft2 of internal area comprising 2 bedrooms .
There are 117 years remaining on the lease.
The apartment is in Upton Lodge, Upton Road, Watford, WD18.
Upton 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 5 Upton Lodge 30 Watford as £300,273 and the rental value as £1,604 per month giving an expected gross yield of 6.4%.
Imagine described the decorative condition as fair in Aug 2021.
Over the last 12 months the sale value of Flat 5 Upton Lodge 30 Watford has increased by £192 (0.1%) and its rental value has increased by £94 per month (5.9%).
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, Upton Lodge 30, Watford is in very good condition we estimate a sale value of £315,286 and rental value of £1,684 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £279,254 and a rental value of £1,491 per month.
If you were able to purchase this property for the estimated value of £300,273, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,476 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, Upton Lodge 30, Watford was last sold on 29 Mar 2016 for £340,000 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 2.5%
According to Imagine , Flat 5, Upton Lodge 30, Watford was let 4 times since 2021 with the latest being in Aug 2021 for an undisclosed price.
Since Aug 2021, the market values of similar properties has risen 25.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Upton Lodge 30, Watford within a radius of 149m over the last 2 years.
The most recent example is Flat 21, Kennett Court, Whippendell Road, Watford, WD18 7LT, a Leasehold flat which sold for £280,000 in Nov 2023.
Read more about house prices in WD18.
Our network of Estate Agents report 3 lets of properties similar to Flat 5, Upton Lodge 30, Watford within a radius of 146m over the last 2 years.
Most recently 56, Wilmington Close, Watford, WD18 0AF, a Leasehold flat let by Imagine for an undisclosed amount in Sep 2023.
Upton Road, Watford, WD18 has a total of 99 addresses. According to our analysis of all the public data, Flat 5, Upton Lodge 30, Watford is the 33rd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £77k less expensive than the average property in WD18.
Flat 5, Upton Lodge 30, Watford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Dec 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Flat 5, Upton Lodge 30, Watford is Watford High Street 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, Upton Lodge 30, Watford, 58.7% of property is privately rented and 23.9% 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, Upton Lodge 30, Watford, 16.4% of residents are recorded as possessing school level qualifications and 43.2% 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, Upton Lodge 30, Watford, the average age was 34.7 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, Upton Lodge 30, 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, Upton Lodge 30, Watford, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.