56 Melrose Place, Watford, WD17 4LX is a leasehold flat built between 1991-1995. The property offers approximately 710 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 £355,730 , which equates to approximately £501 per square foot. It was last sold on 25 Jun 2021 for £355,000. Since then, the value has increased by £730, representing a 0.2% increase, or approximately 0.0% per year.

The current estimated value of £355,730 is:

  • 17.1% lower than the average property price on Melrose Place
  • 5.1% lower than the average in the WD17 4LX postcode area
  • and 27.3% lower than the average price for Watford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 9 October 2020, the property was recorded as owner-occupied.

View sold house prices in WD17 4LX

Building approximate location

About Property

Type
Terraced Maisonette
Built
1991-1995
Interior Size
710 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£355,730
Price Per sq ft (estimate)
£501
Bedroom Count (estimate)
2 bedrooms

EPC Summary

56 Melrose Place, Watford, Hertfordshire, WD17 4LX has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 9 Oct 2020.

This property uses electric room 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 21 Jan 2009. The rating of C is unchanged, though the energy efficiency score decreased by 1.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in 86% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 250 mm loft insulation
Good
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 86% of fixed outlets
Very Good

Compared to WD17 4LX

10 th / 20
Price Rank
5% lower than average
2 nd / 15
Size Rank
14% bigger than average
13 th / 15
Price Per Sq FT Rank
17% lower than average

Compared to other properties in WD17 4LX , this maisonette's estimated value ranks 10th out of 20. Based on price per square foot, it ranks 13th out of 15 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 2nd out of 15 properties in its postcode area.

Sale History

Today
£355,730
streetscan.co.uk estimate
+0 %
25 Jun 2021
£355,000
Leasehold
+26.8 %
16 May 2014
£280,000
Leasehold
+22 %
30 Nov 2009
£229,500
Leasehold
+17.1 %
14 Jul 2005
£196,000
Leasehold
+108.5 %
18 Aug 1998
£94,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 614 sq ft
sale price: £330,000
sale date: 13 Oct 2022
rooms: 3
size: 614 sq ft
sale price: £193,000
sale date: 27 Sep 2013
rooms: 3
size: 678 sq ft
sale price: £193,000
sale date: 11 Feb 2011
rooms: 3
size: 732 sq ft
sale price: £308,000
sale date: 23 Nov 2018
rooms: 3
size: 710 sq ft
sale price: £190,000
sale date: 28 Feb 2011

Data Sources

The property at 56 Melrose Place, Watford, WD17 4LX appears five times in the Land Registry records, with the latest transaction recorded on 25 Jun 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Oct 2020. 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.