The Exchange Watford, Watford, WD24
FO

The Exchange Watford, Watford, WD24

By Foxtons

£ 454,305

Reviews

3 out of 5 stars

Foxtons says ..

This stylish and contemporary city-style 2 bedroom apartment within the landscaped surroundings of the Eight Gardens. The apartment benefits from an exceptional finish and high quality specification throughout.

Property Oracle says ..

The property is a modern two-bedroom, two-bathroom flat located in Watford, Hertfordshire. The flat is part of a new development, The Exchange Watford, situated on St Albans Road in the Callowland locality. The location is excellent, with Watford Junction train station only 0.45km away, providing easy access to London and other parts of the UK. Several good schools are also within a reasonable distance, including The Watford UTC (0.82km) and Parkgate Junior School (0.98km), both rated ‘Good’ or ‘Outstanding’ by Ofsted. Based on the provided images, the property appears to be in excellent condition. It is modern, with high-quality fixtures and fittings throughout. The interior is well-designed and presented, suggesting a recent build or refurbishment. The property does not have a private garden; however, the development includes communal landscaped areas and a water feature, as seen in the images. Considering the average price per square foot in the area is £546, and the property is 756.70 sqft, a rough estimate of the value would be around £413,000. The list price of £454,305 is higher than this estimate. However, the property’s modern condition, desirable location near the train station and good schools, and inclusion of communal amenities likely justify the higher price. The additional value may be attributed to the prestige of the new development and the inclusion of the communal facilities.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
10
Location
10
Land
3
Bedrooms
2
Bathrooms
2
Sqft (est)
756.70

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
440,399.40 £
Increased by 8.18 %
from 407,104.60 £
Average area rental value
1,338.00 £/mo
Decreased by 3.18 %
from 1,382.00 £/mo
Est letting value
1,513.40 £/mo
Increased by 100.00 %
from 756.70 £/mo
Est rental Yield
4.91 %
Increased by 16.08 %
from 4.23 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Foxtons created the listing.

Nearby Schools

NameTypeOfstedDistance
The Watford UtcUniversity Technical CollegeGood0.82 KM
Parkgate Junior SchoolCommunity SchoolOutstanding0.98 KM
Watford St John'S Church Of England Primary SchoolFree SchoolsGood1.02 KM
Knutsford Primary AcademyAcademy Converter1.25 KM
Lanchester Primary SchoolFree SchoolsGood1.25 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Station Road £ 350,00000.00 KM
Stamford Road £ 000.00 KM
Orphanage Road £ 000.00 KM
A411 £ 260,00000.00 KM
Clarendon Road £ 155,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Watford Junction1402WFJ0.45 KM
Watford North1403WFN1.28 KM
Watford High Street1455WFH1.77 KM
Bushey1395BSH2.77 KM
Garston (Hertfordshire)1559GSN2.79 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Exchange Watford, Watford, WD24 £ 625,000BUYUnknown0.00 KM
The Exchange Watford, Watford, WD24 £ 327,000BUY6 / 100.00 KM
The Exchange Watford, Watford, WD24 £ 490,000BUYUnknown0.00 KM
The Exchange Watford, Watford, WD24 £ 291,000BUY5 / 100.00 KM
The Exchange Watford, Watford, WD24 £ 291,000BUYUnknown0.00 KM

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AddressPriceDistance
12 Bedford Street £ 165,0000.17 KM
42 Bedford Street £ 315,0000.17 KM
18 Bedford Street £ 206,0000.17 KM
22 Bedford Street £ 345,0000.17 KM
26 Bedford Street £ 300,0000.17 KM