According to the public record, Flat 7, 53-55, Rickmansworth Road, 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 53-55, Rickmansworth Road, Watford, WD18.
Rickmansworth Road, Watford, WD18 is located in the borough of Watford within the WD18 postal district.
Flat 7, 53-55, Rickmansworth Road, Watford has a single entry in the Land Registry database from February 2006 and a single entry in the EPC database dated May 2018.
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 7 53-55 Rickmansworth Road Watford as £322,088 and the rental value as £1,975 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of Flat 7 53-55 Rickmansworth Road Watford has decreased by £3,302 (1.0%) and its rental value has increased by £89 per month (4.5%).
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 7, 53-55, Rickmansworth Road, Watford is in very good condition we estimate a sale value of £338,193 and rental value of £2,074 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £299,542 and a rental value of £1,837 per month.
If you were able to purchase this property for the estimated value of £322,088, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,583 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 7, 53-55, Rickmansworth Road, Watford was last sold on 24 Feb 2006 for £220,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, 53-55, Rickmansworth Road, Watford within a radius of 500 metres over the last 2 years.
The most recent example is Flat 6, Salisbury House 160, Harwoods Road, Watford, WD18 7BG, a Leasehold flat which sold for £285,000 in Dec 2021.
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 2 lets of properties similar to Flat 7, 53-55, Rickmansworth Road, Watford within a radius of 500 metres over the last 2 years.
Most recently Flat 10, Metropolitan Place 80, Rickmansworth Road, Watford, WD18 7HB, a Leasehold flat let by Imagine in Jan 2022.
Rickmansworth Road, Watford, WD18 has a total of 323 addresses. According to our analysis of all the public data, Flat 7, 53-55, Rickmansworth Road, Watford is the 186th largest and the 186th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in WD18.
Flat 7, 53-55, Rickmansworth Road, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 May 2018.
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 7, 53-55, Rickmansworth Road, Watford is Watford station which is 600 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 7, 53-55, Rickmansworth Road, Watford, 57.0% of property is privately rented and 18.2% 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 7, 53-55, Rickmansworth Road, Watford, 21.8% of residents are recorded as possessing school level qualifications and 42.5% 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 7, 53-55, Rickmansworth Road, Watford, the average age was 40.1 and the most common age was 47.
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 7, 53-55, Rickmansworth Road, Watford, 0.7% 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 7, 53-55, Rickmansworth Road, 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.