According to the public record, Room 4, De Beers House 56, Watford is a modern apartment with 204 ft2 of internal area.
Apartments of this size in this area are normally studios.
The apartment is in De Beers House, Willow Lane, Watford, WD18.
Willow Lane, Watford, WD18 is located in the borough of Watford within the WD18 postal district.
Room 4, De Beers House 56, Watford has no records in the Land Registry database and a single entry in the EPC database dated December 2023.
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 Room 4 De Beers House 56 Watford as £142,520 and the rental value as £774 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Room 4 De Beers House 56 Watford has decreased by £228 (0.2%) and its rental value has increased by £39 per month (5.0%).
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 Room 4, De Beers House 56, Watford is in very good condition we estimate a sale value of £149,646 and rental value of £812 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,544 and a rental value of £719 per month.
If you were able to purchase this property for the estimated value of £142,520, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £700 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 property sales within a 420 metres radius of Room 4, De Beers House 56, Watford over the last 2 years.
The most recent example is 12, Willow Lane, Watford, WD18 0JA, a Freehold house which sold for £381,000 in Sep 2022.
Read more about house prices in WD18.
Our network of Estate Agents report 3 lets within a 420 metres radius of Room 4, De Beers House 56, Watford over the last 2 years.
Most recently Flat 4, Vicarage Court 105B, Vicarage Road, Watford, WD18 0EY, a Leasehold flat let by Imagine in Aug 2023.
Willow Lane, Watford, WD18 has a total of 33 addresses. According to our analysis of all the public data, Room 4, De Beers House 56, Watford is the 29th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £234k less expensive than the average property in WD18.
Room 4, De Beers House 56, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Dec 2023.
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 Room 4, De Beers House 56, Watford is Watford High Street station which is 1.1 kilometres 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 Room 4, De Beers House 56, Watford, 71.5% of property is socially rented and 15.3% 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 Room 4, De Beers House 56, Watford, 28.4% of residents are recorded as possessing school level qualifications and 25.8% 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 Room 4, De Beers House 56, 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 Room 4, De Beers House 56, 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 Room 4, De Beers House 56, Watford, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.