12, Loates Lane
12, Loates Lane
Description & Estimates
12, Loates Lane, Watford is recorded publicly as a modern freehold house across 559 ft2 of internal area, sitting on a 30.5 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 12, Loates Lane, Watford is £286,624 and its rental estimate is £1,575 per month, given the available information and assuming reasonable condition.
Loates Lane, Watford, WD17 falls within the WD17 postal district, in the borough of Watford.
Our Data Sources
12, Loates Lane, Watford has 2 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated September 2016.
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.
Price Range & Condition
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, Loates Lane, Watford, we estimate a market value of £300,955 and a rental value of £1,654 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £266,560 and £1,465 per month respectively.
Recent Market Change
Over the last year, 12, Loates Lane, Watford has seen its estimated sale value move down by £447 (0.2%) and its estimated rental value increase by £53 per month (3.3%). This results in an estimated gross rental yield of 6.6%.
Plot Size
HM Land Registry records the plot of land for 12, Loates Lane, Watford as measuring 30 m2.
That makes it the 5th largest plot in the postcode, where 8 of the 10 other houses have recorded plot data.
Energy Efficiency
12, Loates Lane, Watford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Sep 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 12, Loates Lane, Watford completed on 5th March 2021 at £275,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 18.5% over the period since March 2021.
- Sold Mar 2021£275,000
- Sold Dec 2016£297,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Loates Lane, Watford have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th November 2022, was 10, Loates Lane, Watford, WD17 2AB, a freehold house which sold for £305,000.
Read more about house prices in WD17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 153 addresses on Loates Lane, Watford, WD17, 12, Loates Lane, Watford comes out as the 118th largest and the 89th most expensive in our analysis of the public data.
It is also £253k less expensive than the average property across the WD17 district.
More reading links
Schools Nearby
- 200mCentral Primary School
- 200mWatford St John's Church of England Primary School
- 800mChater Junior School
- 700mWatford Grammar School for Girls
- 1.5kmWatford Grammar School for Boys
- 1.7kmQueens' School
More reading links
Public Transport Nearby
From 12, Loates Lane, Watford, the nearest station is Watford High Street, 600 metres away.
- 600mWatford High Street
- 700mWatford Junction
- 1.4kmBushey
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
