Flat 4, Rainbow House, 24 Water Lane, Watford, WD17 2AP is a leasehold flat built between 2003-2006. The property offers approximately 452 square feet of living space and is situated on the 1st floor of a 5-storey building. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £286,508 , which equates to approximately £634 per square foot. It was last sold on 15 Jan 2016 for £246,250. Since then, the value has increased by £40,258, representing a 16.3% increase, or approximately 1.6% per year.

The current estimated value of £286,508 is:

  • 19.4% lower than the average property price on Water Lane
  • 34.9% higher than the average in the WD17 2AP postcode area
  • and 41.4% 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 18 October 2025, the property was recorded as owner-occupied.

View sold house prices in WD17 2AP

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
452 sq ft
Tenure
Leasehold
Floor level
1st floor of 5
Price (estimate)
£286,508
Price Per sq ft (estimate)
£634
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 4, Rainbow House, 24 Water Lane, Watford, Hertfordshire, WD17 2AP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 Oct 2025.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 22 Aug 2015. The rating of C is unchanged, though the energy efficiency score decreased by 10%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to community scheme, with its energy efficiency changing from good to average.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The lighting was updated from low energy lighting in all fixed outlets to good lighting efficiency, with efficiency changing from very good to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
Community scheme
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Good lighting efficiency
Good

Sale History

Today
£286,508
streetscan.co.uk estimate
+16 %
15 Jan 2016
£246,250
Leasehold

Area Insights

Nearby Properties

rooms: 3
size: 786 sq ft
sale price: £173,250
sale date: 31 Mar 2025
rooms:
size: 807 sq ft
sale price: £157,500
sale date: 28 Feb 2019
rooms:
size: 958 sq ft
sale price: £373,000
sale date: 18 Jan 2019
rooms: 3
size: 807 sq ft
sale price: £219,000
sale date: 8 Jan 2019
rooms:
size: 807 sq ft
sale price: £151,000
sale date: 15 Aug 2017

Data Sources

The property at Flat 4, Rainbow House, 24 Water Lane, Watford, Hertfordshire, WD17 2AP appears once in the Land Registry records, with the transaction recorded on 15 Jan 2016. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Oct 2025. 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.