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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
12, Broad Road, Watford is recorded publicly as a modern freehold house across 1,220 ft2 of internal area, sitting on a 163 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 12, Broad Road, Watford is £547,238 and its rental estimate is £2,480 per month, given the available information and assuming reasonable condition.
Broad Road, Watford, WD24 falls within the WD24 postal district, in the borough of Watford.
12, Broad Road, Watford has a single entry in the Land Registry from December 2011 and a single entry in the EPC database dated November 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 12, Broad Road, Watford, we estimate a market value of £574,600 and a rental value of £2,604 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £508,932 and £2,306 per month respectively.
Over the last year, 12, Broad Road, Watford has seen its estimated sale value move down by £1,510 (0.3%) and its estimated rental value increase by £74 per month (3.0%). This results in an estimated gross rental yield of 5.4%.
HM Land Registry records the plot of land for 12, Broad Road, Watford as measuring 163 m2.
That makes it the 5th largest plot in the postcode, where all 12 other houses have recorded plot data.
12, Broad Road, Watford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Nov 2011.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 12, Broad Road, Watford completed on 12th December 2011 at £330,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 80.6% over the period since December 2011.
Over the past 2 years 3 properties similar to 12, Broad Road, Watford have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th August 2022, was 22, Dodd Road, Watford, WD24 5DE, a freehold house which sold for £600,000.
Read more about house prices in WD24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 12 addresses on Broad Road, Watford, WD24, 12, Broad Road, Watford comes out as the 4th largest and the most expensive in our analysis of the public data.
It is also £138k more expensive than the average property across the WD24 district.
From 12, Broad Road, Watford, the nearest station is Watford North, 1.5 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 12, Broad Road, Watford, % of property is and % is .
The graph below shows how this compares to East of England 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 12, Broad Road, Watford, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 12, Broad 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 12, Broad Road, Watford, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
