According to the public record, Flat 7, 83-85, Queens Road, Watford is a period leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 83-85, Queens Road, Watford, WD17.
Queens Road, Watford, WD17 is located in the borough of Watford within the WD17 postal district.
Flat 7, 83-85, Queens Road, Watford has a single entry in the Land Registry database from March 2013 and a single entry in the EPC database dated November 2022.
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 83-85 Queens Road Watford as £205,227 and the rental value as £1,116 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 7 83-85 Queens Road Watford has decreased by £357 (0.2%) and its rental value has increased by £66 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 7, 83-85, Queens Road, Watford is in very good condition we estimate a sale value of £215,488 and rental value of £1,172 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,861 and a rental value of £1,038 per month.
If you were able to purchase this property for the estimated value of £205,227, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,009 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, 83-85, Queens Road, Watford was last sold on 06 Mar 2013 for £134,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2013, the market for similar properties has risen 49.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, 83-85, Queens Road, Watford within a radius of 420 metres over the last 2 years.
The most recent example is Flat 1, 106, High Street, Watford, WD17 2BW, a Leasehold flat which sold for £200,000 in May 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 1 let of a property similar to Flat 7, 83-85, Queens Road, Watford within a radius of 420 metres over the last 2 years.
Most recently 58, Ebury Road, Watford, WD17 2SB, a Leasehold flat let by Imagine in Nov 2023.
Queens Road, Watford, WD17 has a total of 328 addresses. According to our analysis of all the public data, Flat 7, 83-85, Queens Road, Watford is the 123rd largest and the 244th most expensive property on the street.
When compared to the postcode district it is £333k less expensive than the average property in WD17.
Flat 7, 83-85, Queens Road, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Nov 2022.
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, 83-85, Queens Road, Watford is Watford High Street station which is 500 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, 83-85, Queens Road, Watford, 75.0% of property is privately rented and 11.4% is privately owned outright.
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, 83-85, Queens Road, Watford, 17.9% of residents are recorded as possessing school level qualifications and 40.1% 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, 83-85, Queens Road, 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 7, 83-85, Queens Road, 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 7, 83-85, Queens Road, 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.