39, Melrose Place
39, Melrose Place
Description & Estimates
According to the public record, 39, Melrose Place, Watford is a modern apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 39, Melrose Place, Watford is £271,978 and the estimated rental value is £1,520 per month.
Melrose Place, Watford, WD17 is located in the borough of Watford within the WD17 postal district.
Our Data Sources
39, Melrose Place, Watford has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2018.
We combine this information with public data 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
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 39, Melrose Place, Watford is in very good condition we estimate a sale value of £285,577 and a rental value of £1,596 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,940 and a rental value of £1,414 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 39, Melrose Place, Watford has fallen by £1,969 (0.7%), while its estimated rental value has moved up by £40 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Energy Efficiency
39, Melrose Place, Watford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jun 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 39, Melrose Place, Watford was last sold on 17th March 2003 for £153,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
- Sold Mar 2003£153,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Melrose Place, Watford within a radius of 640 metres over the last 2 years.
The most recent example is Flat 7, 103, Grandfield Avenue, Watford, WD17 4XD, a leasehold flat which sold for £270,000 on the 28th March 2025.
Read more about house prices in WD17.
- Sold Mar 2025£270,000 | 2 Bed Flat103, Grandfield AvenueFlat 7, 103, Grandfield Avenue, Watford, WD17 4XD
- Sold Sep 2024£307,500 | 2 Bed Flat103, Grandfield AvenueFlat 8, 103, Grandfield Avenue, Watford, WD17 4XD
- Sold Jun 2023£312,500 | 2 Bed Flat105, Grandfield AvenueFlat 6, 105, Grandfield Avenue, Watford, WD17 4XD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Melrose Place, Watford, WD17 has a total of 57 addresses. According to our analysis of all the public data, 39, Melrose Place, Watford is the 41st largest and the 46th most expensive property on the street.
When compared to the postcode district it is £268k less expensive than the average property in WD17.
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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
The closest station to 39, Melrose Place, Watford is Watford Junction station, which is 1.5 kilometres away.
- 1.5kmWatford Junction
- 1.5kmWatford
- 1.8kmWatford North
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
