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

HP Score
- Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Mixed signals - investigate
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.
Valuation & Market
Risk Overview
- Flood RiskUnknown
- SubsidenceLow
- RadonLow
- MiningLow
- LandslideLow
- Air QualityLow
- NoiseHigh
Planning Activity
- Pending26/00878/DISCONDetails submitted for Condition 18. (vehicular access) pursuant to planning permission 24/01103/FULM
- Pending26/00877/DISCONDetails submitted for Condition 26. and 27 (hard and soft landscaping) pursuant to planning permission 24/01103/FULM
- Pending26/00875/DISCONDetails submitted for Condition 25 (Landscaping and Biodiversity) pursuant to planning permission 19/00778/FULM
Ownership
- Corporate Ownership40.6%
- Overseas OwnershipNo
- Lease Term Remaining110 yrs
- CovenantsNone
- Lease TypeLeasehold
- Last Ownership Change2019-01-08
- SourceLand Registry
Connectivity
Area Profile
Schools Nearby
- Central Primary School0.1 miReport card2026
Ofsted no longer awards a single overall grade.
- Watford Grammar School for Girls0.2 miOutstanding
- -Nisai Virtual Academy Ltd0.3 mi
- -Field Junior School0.3 mi
5 of 9 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.
Comparables
- Rainbow House, 24 Water Lane-£173k-
- Rainbow House, 24 Water Lane-£158k-
- Rainbow House, 24 Water Lane-£158k-
- Rainbow House, 24 Water Lane-£373k-