The Exchange Watford, Watford, WD24
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The Exchange Watford, Watford, WD24

By Foxtons

£ 278,000

Reviews

3 out of 5 stars

Foxtons says ..

A collection of stylish and contemporary city-style studio apartments within the landscaped surroundings of The Exchange Watford. Each apartment benefits from an exceptional finish and high quality specification.

Property Oracle says ..

The property is a studio apartment located at The Exchange Watford, in the Callowland area of Watford, Hertfordshire. It is a new build development and the images provided show a modern, well-equipped property in excellent condition. The apartment has a total area of 237.34 sqft and a plot size of 404.00 sqft.

The location is excellent, with Watford Junction train station being only 0.45km away, providing easy access to London Euston and other major transport links. Several well-regarded schools are also within a reasonable distance, including The Watford UTC (0.82km) and Parkgate Junior School (0.98km). This makes the property attractive to both commuters and families.

Based on the images, the property appears to be in excellent condition, with modern fixtures and fittings throughout. There is no visible evidence of damage or disrepair.

While the plot size is relatively small for a property of this type, it is typical for a studio apartment in a new development.

The list price of £278,000 is slightly below the average price for the area (£391,214), and significantly below the average price per sqft (£546). However, the property is smaller than the average property size in the area, and the lack of bedrooms may also impact the price. Considering the modern condition, excellent location, and transport links, the price seems reasonable, though further analysis of comparable properties would be beneficial to confirm.

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
8
Condition
10
Location
10
Land
3
Bedrooms
0
Bathrooms
1
Sqft (est)
237.34
Lot (est)
404.00

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
138,131.88 £
Increased by 8.18 %
from 127,688.92 £
Average area rental value
1,338.00 £/mo
Decreased by 3.18 %
from 1,382.00 £/mo
Est letting value
474.68 £/mo
Increased by 100.00 %
from 237.34 £/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

Nearby Properties

AddressPriceDistance
8 Bedford Street £ 145,0000.17 KM
22 Bedford Street £ 345,0000.17 KM
42 Bedford Street £ 315,0000.17 KM
26 Bedford Street £ 300,0000.17 KM
34 Bedford Street £ 178,5000.17 KM