33, Melrose Place
33, Melrose Place
Description & Estimates
33, Melrose Place, Watford is recorded publicly as a modern leasehold apartment across 710 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 33, Melrose Place, Watford is £293,804 and its rental estimate is £1,610 per month, given the available information and assuming reasonable condition.
Melrose Place, Watford, WD17 falls within the WD17 postal district, in the borough of Watford.
Our Data Sources
33, Melrose Place, Watford has 31 entries in the Land Registry , most recently in February 2011 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 33, Melrose Place, Watford, we estimate a market value of £308,494 and a rental value of £1,691 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £273,238 and £1,498 per month respectively.
Recent Market Change
Over the last year, 33, Melrose Place, Watford has seen its estimated sale value decline by £2,127 (0.7%) and its estimated rental value climb by £42 per month (2.6%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
33, Melrose Place, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Oct 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 33, Melrose Place, Watford completed on 28th February 2011 at £190,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 50.8% over the period since February 2011.
- Sold Feb 2011£190,000
- Sold Jun 2006£195,000
- Sold Aug 2000£124,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 33, Melrose Place, Watford have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th September 2025, was 22, Elizabeth Court 170, Hempstead Road, Watford, WD17 4LR, a leasehold flat which sold for £285,000.
Read more about house prices in WD17.
- Sold Sep 2025£285,000 | 2 Bed FlatElizabeth Court 170, Hempstead Road22, Elizabeth Court 170, Hempstead Road, Watford, WD17 4LR
- Sold Mar 2025£270,000 | 2 Bed Flat103, Grandfield AvenueFlat 7, 103, Grandfield Avenue, Watford, WD17 4XD
- Sold Nov 2018£308,000 | 2 Bed FlatMelrose Place31, Melrose Place, Watford, WD17 4LU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 57 addresses on Melrose Place, Watford, WD17, 33, Melrose Place, Watford comes out as the 23rd largest and the 39th most expensive in our analysis of the public data.
It is also £246k less expensive than the average property across the WD17 district.
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Schools Nearby
- 300mNascot Wood Junior School
- 400mNascot Wood Infant and Nursery School
- 600mCassiobury Infant and Nursery School
- 1.8kmWatford Grammar School for Boys
- 2.4kmCroxley Danes School
- 2.4kmWatford Grammar School for Girls
More reading links
Public Transport Nearby
From 33, Melrose Place, Watford, the nearest station is Watford Junction, 1.5 kilometres away.
- 1.5kmWatford Junction
- 1.5kmWatford
- 1.8kmWatford North
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.
