31 Melrose Place, Watford, WD17 4LU is a leasehold flat built between 1983-1990. The property offers approximately 732 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £329,638 , which equates to approximately £450 per square foot. It was last sold on 23 Nov 2018 for £308,000. Since then, the value has increased by £21,638, representing a 7.0% increase, or approximately 1.0% per year.

The current estimated value of £329,638 is:

  • 23.1% lower than the average property price on Melrose Place
  • 6.1% lower than the average in the WD17 4LU postcode area
  • and 32.6% lower than the average price for Watford as a whole

At the most recent EPC inspection on 20 June 2017, the property was recorded as owner-occupied.

View sold house prices in WD17 4LU

Building approximate location

About Property

Type
Terraced Maisonette
Built
1983-1990
Interior Size
732 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£329,638
Price Per sq ft (estimate)
£450
Bedroom Count (estimate)
2 bedrooms

EPC Summary

31 Melrose Place, Watford, Hertfordshire, WD17 4LU has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 20 Jun 2017.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 2 Feb 2010, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 8.1%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to roof room(s), insulated (assumed), improving energy efficiency from average to good.
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 11% of fixed outlets, with efficiency improving from very poor to poor.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Roof room(s), insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 11% of fixed outlets
Poor

Compared to WD17 4LU

9 th / 16
Price Rank
6% lower than average
1 st / 11
Size Rank
20% bigger than average
11 th / 11
Price Per Sq FT Rank
22% lower than average

Compared to other properties in WD17 4LU , this maisonette's estimated value ranks 9th out of 16. Based on price per square foot, it ranks 11th out of 11 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 1st out of 11 properties in its postcode area.

Sale History

Today
£329,638
streetscan.co.uk estimate
+7 %
23 Nov 2018
£308,000
Leasehold
+310.9 %
4 Sep 1997
£74,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 710 sq ft
sale price: £190,000
sale date: 28 Feb 2011
rooms: 3
size: 624 sq ft
sale price: £122,500
sale date: 3 Aug 2001
rooms: 4
size: 710 sq ft
sale price: £355,000
sale date: 25 Jun 2021
rooms: 3
size: 678 sq ft
sale price: £193,000
sale date: 11 Feb 2011

Data Sources

The property at 31 Melrose Place, Watford, WD17 4LU appears two times in the Land Registry records, with the latest transaction recorded on 23 Nov 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Jun 2017. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.