According to the public record, Flat 7, Russells House, Watford is a period apartment with 1,613 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Russells House, Greenbank Road, Watford, WD17.
Greenbank Road, Watford, WD17 is located in the borough of Watford within the WD17 postal district.
Flat 7, Russells House, Watford has no records in the Land Registry database and a single entry in the EPC database dated September 2010.
We combine this information with public data 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 Russells House Watford as £703,798 and the rental value as £2,951 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 7 Russells House Watford has increased by £8,432 (1.2%) and its rental value has increased by £223 per month (7.5%).
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, Russells House, Watford is in very good condition we estimate a sale value of £738,988 and rental value of £3,098 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £654,532 and a rental value of £2,744 per month.
If you were able to purchase this property for the estimated value of £703,798, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,459 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Russells House, Watford within a radius of 64m over the last 2 years.
The most recent example is Flat 1, Russells House, Greenbank Road, Watford, WD17 4RJ, a Leasehold flat which sold for £820,000 in Oct 2021.
Read more about house prices in WD17.
Our network of Estate Agents report 3 lets within a 776m radius of Flat 7, Russells House, Watford over the last 2 years.
Most recently 253, Hempstead Road, Watford, WD17 3HH, a Leasehold flat let by Imagine for an undisclosed amount in May 2023.
Greenbank Road, Watford, WD17 has a total of 132 addresses. According to our analysis of all the public data, Flat 7, Russells House, Watford is the 16th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £166k more expensive than the average property in WD17.
Flat 7, Russells House, Watford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Sep 2010.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 7, Russells House, Watford is Watford North station which is 2.4 km 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, Russells House, Watford, 50.0% of property is privately owned with a mortgage and 37.1% 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, Russells House, Watford, 23.6% of residents are recorded as possessing school level qualifications and 50.8% 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, Russells House, 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 7, Russells House, Watford, 2.5% 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, Russells House, Watford, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.