# NIGHTINGALE HOUSE 18 OXHEY DRIVE, WATFORD, THREE RIVERS, HERTFORDSHIRE, WD19 7FH

## Property details

- Slug: `8cc9d49` (address key hash: `8cc9d492c5f7dda2c140b64605da8a59c37aef9c`)
- Postcode: WD19 7FH
- Transactions on record: 2

- Tenure: Leasehold
- Property type: Flat
- Bedrooms: 1
- Bathrooms: 1
- Last sold: £285,000 Mar 2026
- Local average: £316,028 (18 sales)

## Latest sale

- Price: £285,000
- Date: 2026-03-24
- Type: F
- Tenure: L

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-03-24 | £285,000 | Flat | -3.4% | £287,415 (to June 2026) | [View](http://87.117.209.195:8080/house-prices/5340b1c5-694e-8052-e063-4804a8c06ee4) |
| Sold | 2023-03-30 | £295,000 | Flat | — | £282,535 (to June 2026) | [View](http://87.117.209.195:8080/house-prices/1eae3df6-89bb-9eb1-e063-4704a8c09d02) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| NIGHTINGALE HOUSE 18 OXHEY DRIVE, WATFORD, THREE RIVERS, HERTFORDSHIRE, WD19 7FH | £285,000 | 24/03/2026 | Flat |
| NIGHTINGALE HOUSE 18 OXHEY DRIVE, WATFORD, THREE RIVERS, HERTFORDSHIRE, WD19 7FH | £295,000 | 30/03/2023 | Flat |

## Historic listings

Listing activity only where we matched the listing to a Land Registry sale already on record for this address.

- Matched listing: [171483113](http://87.117.209.195:8080/listings/3bb40a0)

| Event | Date | Price |
|-------|------|-------|
| listed | 2026-01-27 | £300,000 |
| sold | 2023-01-01 | £295,000 |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| NIGHTINGALE HOUSE 6 OXHEY DRIVE, WATFORD, THREE RIVERS, HERTFORDSHIRE, WD19 7FH | £292,500 | 05/05/2023 | Flat |
| NIGHTINGALE HOUSE 5 OXHEY DRIVE, WATFORD, THREE RIVERS, HERTFORDSHIRE, WD19 7FH | £292,500 | 17/04/2023 | Flat |
| NIGHTINGALE HOUSE 2 OXHEY DRIVE, WATFORD, THREE RIVERS, HERTFORDSHIRE, WD19 7FH | £440,000 | 11/04/2023 | Flat |
| NIGHTINGALE HOUSE 10 OXHEY DRIVE, WATFORD, THREE RIVERS, HERTFORDSHIRE, WD19 7FH | £292,500 | 24/03/2023 | Flat |

**Area average:** £329,375 (4 sales)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 0.4%
- **10y growth:** 28.9%

## House Price Index (HM Land Registry)

*Official index for East of England; Flats and maisonettes series; as of June 2026.*

- **1y growth (index):** -2.3%
- **5y growth (index):** -2.4%
- **10y growth (index):** 10.4%

## Rental Range

*ONS Price Index of Private Rents (East of England). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,157/mo
- **Realistic:** £1,285/mo
- **Optimistic:** £1,414/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for South West Herts (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | As seen on |
|------|------|------|------|
| Studio Flat, On The Hill, WD19 | £850/mo | 1 | OpenRent |

**Average rent: £850/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.3% (weak for cashflow)
- **Max investor price (0.8%):** £106,250
- **Target investor price (1%):** £85,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £850/mo).*

- **Gross yield:** 3.6%
- **Cost-to-rent:** 27.9×
- **Monthly cashflow:** £-382/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -5.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*