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Flat 36, Rainbow House, 24 Water Lane, Watford, WD17 2AP

UPRN:10090228538Purpose Built Flat2 bedsBuilt 2012 onwards
LeaseholdCouncil Tax: Band DEPC: B (81)
Data freshness:Planning· 4mo agoPlanning: stale, refreshed 4mo ago (2026-07-10T08:11:09.817022+00:00)Ownership· 1mo agoOwnership: ageing, refreshed 1mo ago (2026-10-10T17:36:24.150229+00:00)EPC· 6mo agoEPC: stale, refreshed 6mo ago (2026-05-20T10:58:39.129138+00:00)Risk· 5mo agoRisk: stale, refreshed 5mo ago (2026-06-18T00:00:00+00:00)Connectivity· 1mo agoConnectivity: ageing, refreshed 1mo ago (2026-10-03T06:43:10.905825+00:00)Schools· 1mo agoSchools: ageing, refreshed 1mo ago (2026-10-06T08:24:30.427161+00:00)Amenities· 2mo agoAmenities: ageing, refreshed 2mo ago (2026-09-23T00:00:00+00:00)Area· Census 2021Area: static reference data (Census 2021); authoritative and does not refresh
Flat 36, Rainbow House, 24 Water Lane, Watford, WD17 2AP

HP Score

Mixed
Verdict
4 days ago
  • Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.

    Mixed signals - investigate

Evidence
19 of 21 sources
Sale Estimate
£351,000
£316k - £386kMedium
Estimate
£351k
Range
£316k – £386k
Rent Estimate (pcm)
£1,650
£2k - £2k
Monthly
£1,650
Yield
5.64%

Verdict

Derived from HomePortfolio scores

Flat 36 earns an INVESTIGATE rating with HP Score 57/100. Investment score 63/100 reflects moderate fundamentals. Crime intensity is elevated. Walkability is excellent (86/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.

Key SourcesEPC RegisterPortal listingsOfcom Connected NationsOfcom mobile coverageMarket estimates (third-party AVM)HM Land Registry sales matched to addressDefra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry company ownershipHM Land Registry leasesHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS
HP Score
57/ 100
Mixed
Investment Score
63/ 100
Moderate
Crime Score
100/ 100
Elevated
Walkability
86/ 100
Excellent
Transit & Bike
Transit 28Bike 68
Walk Score, out of 100

Valuation & Market

Sale Estimate£351,000
Rent Estimate (pcm)£1,650
Gross Yield5.64%
1y Growth-
3y Growth-2.6%
5y Growth-0.5%
10y Growth+0.9%
Last Sold Price£219,000 (2019-01-08)

Risk Overview

  • Flood RiskUnknown
  • SubsidenceLow
  • RadonLow
  • MiningLow
  • LandslideLow
  • Air QualityLow
  • NoiseHigh

Planning Activity

Recent Apps
0WD17 2AP
Approval Rate
-12mo
Development
low
  • 26/00878/DISCON
    Details submitted for Condition 18. (vehicular access) pursuant to planning permission 24/01103/FULM
    Pending
  • 26/00877/DISCON
    Details submitted for Condition 26. and 27 (hard and soft landscaping) pursuant to planning permission 24/01103/FULM
    Pending
  • 26/00875/DISCON
    Details submitted for Condition 25 (Landscaping and Biodiversity) pursuant to planning permission 19/00778/FULM
    Pending

Ownership

  • Corporate Ownership40.6%
  • Overseas OwnershipNo
  • Lease Term Remaining110 yrs
  • CovenantsNone
  • Lease TypeLeasehold
  • Last Ownership Change2019-01-08
  • SourceLand Registry

Connectivity

Broadband (Standard)
16 Mbps
Mobile 4G/5G Coverage
EEThreeO2Vodafone
EV Charger
-
PTAL Rating
-

Area Profile

Median EarningsLocal authority£37,172
Population Density3,381 /km²
Owner Occupied25%
Age Distribution
0-15 18%16-64 75%65+ 7%

Schools Nearby

  • Central Primary School
    0.1 mi
    Report card2026

    Ofsted no longer awards a single overall grade.

  • Watford Grammar School for Girls
    0.2 mi
    Outstanding
  • Nisai Virtual Academy Ltd
    0.3 mi
    -
  • Field Junior School
    0.3 mi
    -

5 of 9 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.

Comparables

View All
  • Rainbow House, 24 Water Lane
    -
    £173k
    -
  • Rainbow House, 24 Water Lane
    -
    £158k
    -
  • Rainbow House, 24 Water Lane
    -
    £158k
    -
  • Rainbow House, 24 Water Lane
    -
    £373k
    -