2, Grays Mews
2, Grays Mews
Description & Estimates
2, Grays Mews, Watford is recorded publicly as a modern freehold house across 1,119 ft2 of internal area, sitting on a 191 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Grays Mews, Watford is £586,576 and its rental estimate is £2,656 per month, given the available information and assuming reasonable condition.
Grays Mews, Watford, WD18 falls within the WD18 postal district, in the borough of Watford.
Our Data Sources
2, Grays Mews, Watford has a single entry in the Land Registry from September 2020 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 2, Grays Mews, Watford, we estimate a market value of £615,905 and a rental value of £2,789 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £545,516 and £2,470 per month respectively.
Recent Market Change
Over the last year, 2, Grays Mews, Watford has seen its estimated sale value decline by £1,164 (0.2%) and its estimated rental value climb by £100 per month (3.8%). This results in an estimated gross rental yield of 5.4%.
Plot Size
HM Land Registry records the plot of land for 2, Grays Mews, Watford as measuring 191 m2.
That makes it the 6th largest plot in the postcode, where all 6 other houses have recorded plot data.
Energy Efficiency
2, Grays Mews, Watford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Jul 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of 2, Grays Mews, Watford completed on 18th September 2020 at £550,000 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 10.0% over the period since September 2020.
- Sold Sep 2020£550,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Grays Mews, Watford have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th September 2020, was 1, Grays Mews, Watford, WD18 0LD, a freehold house which sold for £540,000.
Read more about house prices in WD18.
- Sold Sep 2020£540,000 | 3 Bed House1, Grays Mews, Watford, WD18 0LD1, Grays Mews, Watford, WD18 0LD
- Sold Sep 2020£545,000 | 3 Bed House3, Grays Mews, Watford, WD18 0LD3, Grays Mews, Watford, WD18 0LD
- Sold Sep 2020£550,000 | 3 Bed House4, Grays Mews, Watford, WD18 0LD4, Grays Mews, Watford, WD18 0LD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 6 addresses on Grays Mews, Watford, WD18, 2, Grays Mews, Watford comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £217k more expensive than the average property across the WD18 district.
More reading links
Schools Nearby
- 200mField Junior School
- 200mWatford Field School (Infant & Nursery)
- 800mBromet Primary School
- 600mWatford Grammar School for Girls
- 1.5kmThe Grange Academy
- 1.7kmWestfield Academy
More reading links
Public Transport Nearby
From 2, Grays Mews, Watford, the nearest station is Bushey, 400 metres away.
- 400mBushey
- 500mWatford High Street
- 1.7kmWatford Junction
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
