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

By Foxtons

£ 438,030

Reviews

3 out of 5 stars

Foxtons says ..

A collection of stylish and contemporary city-style 2 bedroom 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 modern two-bedroom, two-bathroom flat located in Watford, Hertfordshire. Based on the provided images, the property appears to be in excellent condition, with modern fixtures and fittings throughout. The open-plan living area is spacious and bright, and the bedrooms are well-proportioned. The bathrooms are contemporary and stylish. The development also benefits from communal amenities including a gym and cinema room.

The location is convenient, with Watford Junction train station within easy reach, providing excellent transport links into London and beyond. There are also several schools nearby, including highly-rated primary and secondary schools. The proximity to Watford town centre offers access to shops, restaurants and other amenities.

While the plot size is zero, the property’s location within a modern development suggests access to communal outdoor space, potentially mitigating the lack of a private garden.

Considering the average price per square foot in the area is £546, and this property is listed at £438,030 for 715.80 sqft, resulting in a price per sqft of approximately £613. This represents a premium compared to the area average. However, the premium may be justified by the property’s modern condition, the amenities offered within the development, and its convenient location near the train station and local schools. The higher price per sqft compared to the average for the area should be considered in the context of the property’s superior condition and additional amenities.

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
10
Location
9
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
715.80

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
416,595.60 £
Increased by 8.18 %
from 385,100.40 £
Average area rental value
1,338.00 £/mo
Decreased by 3.18 %
from 1,382.00 £/mo
Est letting value
1,431.60 £/mo
Increased by 100.00 %
from 715.80 £/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
42 Bedford Street £ 315,0000.17 KM
26 Bedford Street £ 300,0000.17 KM
34 Bedford Street £ 178,5000.17 KM
12 Bedford Street £ 165,0000.17 KM
22 Bedford Street £ 345,0000.17 KM