As updated by Imagine in Oct 2020, Flat 6, 10, Grandfield Avenue, Watford is a mid-century 135 year lease apartment with 979 ft2 of internal area comprising 3 bedrooms .
There are 135 years remaining on the lease.
The apartment is in 10, Grandfield Avenue, Watford, WD17.
Grandfield Avenue, Watford, WD17 is located in the borough of Watford within the WD17 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 6 10 Grandfield Avenue Watford as £387,116 and the rental value as £1,759 per month giving an expected gross yield of 5.5%.
Imagine described the decorative condition as fair in Oct 2020.
Over the last 12 months the sale value of Flat 6 10 Grandfield Avenue Watford has increased by £4,035 (1.0%) and its rental value has increased by £135 per month (7.7%).
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 6, 10, Grandfield Avenue, Watford is in very good condition we estimate a sale value of £406,472 and rental value of £1,847 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £360,018 and a rental value of £1,636 per month.
If you were able to purchase this property for the estimated value of £387,116, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,903 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 6, 10, Grandfield Avenue, Watford was last sold on 08 May 2017 for £375,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2017, the market for similar properties has dropped 4.1%
According to Imagine , Flat 6, 10, Grandfield Avenue, Watford was let 2 times since 2021 with the latest being in Oct 2020 for an undisclosed price.
Since Oct 2020, the market values of similar properties has risen 30.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, 10, Grandfield Avenue, Watford within a radius of 500 metres over the last 2 years.
The most recent example is 9 Stratford Lodge, Stratford Road, Watford, WD17 4QQ, a Leasehold flat which sold for £370,000 in Nov 2023.
Read more about house prices in WD17.
*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 6, 10, Grandfield Avenue, Watford within a radius of 500 metres over the last 2 years.
Most recently 4 Haywood Crescent, Lockhart Road, Watford, WD17 4AX, a Leasehold flat let by Imagine in Aug 2021.
Grandfield Avenue, Watford, WD17 has a total of 162 addresses. According to our analysis of all the public data, Flat 6, 10, Grandfield Avenue, Watford is the 11th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in WD17.
Flat 6, 10, Grandfield Avenue, Watford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Aug 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 6, 10, Grandfield Avenue, Watford is Watford Junction station which is 900 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 6, 10, Grandfield Avenue, Watford, 47.1% of property is privately rented and 27.9% 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 6, 10, Grandfield Avenue, Watford, 20.2% of residents are recorded as possessing school level qualifications and 59.9% 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 6, 10, Grandfield Avenue, Watford, the average age was 40.1 and the most common age was 37.
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 6, 10, Grandfield Avenue, Watford, 1.7% 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 6, 10, Grandfield Avenue, 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.