According to the public record, Flat B, 324, Hagden Lane, Watford is a period leasehold apartment with 480 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 324, Hagden Lane, Watford, WD18.
Hagden Lane, Watford, WD18 is located in the borough of Watford within the WD18 postal district.
Flat B, 324, Hagden Lane, Watford has 21 entries in the Land Registry database, most recently in July 2009 and a single entry in the EPC database dated March 2009.
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 B 324 Hagden Lane Watford as £153,937 and the rental value as £889 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat B 324 Hagden Lane Watford has decreased by £303 (0.2%) and its rental value has increased by £44 per month (4.9%).
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 B, 324, Hagden Lane, Watford is in very good condition we estimate a sale value of £161,634 and rental value of £934 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,162 and a rental value of £827 per month.
If you were able to purchase this property for the estimated value of £153,937, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £757 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 B, 324, Hagden Lane, Watford was last sold on 24 Jul 2009 for £138,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2009, the market for similar properties has risen 65.8%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat B, 324, Hagden Lane, Watford within a radius of 380 metres over the last 2 years.
The most recent example is Flat A, 324, Hagden Lane, Watford, WD18 7SH, a Leasehold flat which sold for £160,000 in Apr 2022.
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 3 lets within a 380 metres radius of Flat B, 324, Hagden Lane, Watford over the last 2 years.
Most recently 35, King Georges Avenue, Watford, WD18 7QE, a Freehold house let by Imagine in Aug 2023.
Hagden Lane, Watford, WD18 has a total of 269 addresses. According to our analysis of all the public data, Flat B, 324, Hagden Lane, Watford is the 261st largest and the 268th most expensive property on the street.
When compared to the postcode district it is £223k less expensive than the average property in WD18.
Flat B, 324, Hagden Lane, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Mar 2009.
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 B, 324, Hagden Lane, 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 B, 324, Hagden Lane, Watford, 58.3% of property is socially rented and 15.4% 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 B, 324, Hagden Lane, Watford, 22.9% of residents are recorded as possessing school level qualifications and 25.3% 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 B, 324, Hagden Lane, Watford, the average age was 35 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 B, 324, Hagden Lane, 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 B, 324, Hagden Lane, 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.