Lea Road, Watford, Hertfordshire, WD24
IM

Lea Road, Watford, Hertfordshire, WD24

By Imagine

£ 450,000

Reviews

3 out of 5 stars

Imagine says ..

A three bedroom semi-detached house on a large plot situated close to the shopping and transport facilities of St Albans Road. The property benefits from having fitted kitchen and three double bedrooms. The house does require full modernisation but this has certainly been reflected in the price a...

Property Oracle says ..

This three-bedroom semi-detached house located on Lea Road in Watford, Hertfordshire presents a mixed bag of attributes. Its key strengths lie in its proximity to well-regarded primary schools, and relatively close rail transport links at Watford North and Watford Junction. The property also has a decent-sized garden. These factors contribute positively towards its overall appeal, enhancing its location and value. However, it’s equally crucial to acknowledge the property’s significant need for modernisation. The provided photographs clearly show that the interior is outdated and requires complete refurbishment. This need for extensive renovations is a potential drawback and should be fully factored into any purchase consideration. The interior decor, wallpaper, and fittings are very outdated. Some areas display signs of plaster damage. In terms of value, the listing price of £450,000, although within the range of nearby properties, is heavily influenced by the requirement for extensive renovation. A prospective buyer needs to account for these costs while weighing up the location’s benefits. Whilst the property’s location and garden enhance its value, the extent of necessary renovation and some interior imperfections must be considered within any decision-making process.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
6
Bedrooms
3
Bathrooms
1
Sqft (est)
934.20

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
327,143.00 £
Decreased by 16.50 %
from 391,771.00 £
Est sale value
543,704.40 £
Increased by 8.18 %
from 502,599.60 £
Average area rental value
1,338.00 £/mo
Decreased by 3.18 %
from 1,382.00 £/mo
Est letting value
1,868.40 £/mo
Increased by 100.00 %
from 934.20 £/mo
Est rental Yield
4.91 %
Increased by 16.08 %
from 4.23 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Imagine marked this listing as sold.

  • Imagine created the listing.

Nearby Schools

NameTypeOfstedDistance
Parkgate Junior SchoolCommunity SchoolOutstanding0.39 KM
Parkgate Infants' And Nursery SchoolCommunity SchoolGood0.75 KM
The Watford UtcUniversity Technical CollegeGood1.02 KM
Knutsford Primary AcademyAcademy Converter1.10 KM
Cherry Tree Primary SchoolAcademy Converter1.17 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Thrums £ 500,00000.00 KM
Bushey Mill Lane £ 375,00000.00 KM
Middle Way £ 000.00 KM
Cowper Court £ 575,00000.00 KM
Cherry Tree Road £ 188,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Watford North1403WFN0.79 KM
Watford Junction1402WFJ1.16 KM
Garston (Hertfordshire)1559GSN2.18 KM
Watford High Street1455WFH2.44 KM
Bushey1395BSH3.39 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Exchange, Watford, WD24 £ 295,000BUYUnknown0.09 KM
St Albans Road, Watford £ 325,000BUY7 / 100.15 KM
Sandringham Road, Watford, WD24 £ 465,000BUY6 / 100.17 KM
Sandringham Road, Watford, WD24 £ 595,000BUYUnknown0.19 KM
Ridge Street, Watford £ 144,000BUY5 / 100.20 KM

Nearby Properties

AddressPriceDistance
1 Lea Road £ 242,0000.01 KM
297 St Albans Road £ 246,0000.02 KM
283 St Albans Road £ 385,0000.02 KM
317 St Albans Road £ 266,9500.02 KM
285 St Albans Road £ 218,0000.02 KM