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According to the public record, 2, Folly Close, Radlett is a mid-century freehold house with 2,820 ft2 of internal area and sits on a 699 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Folly Close, Radlett is £1,487,193 and the estimated rental value is £2,981 per month.
Folly Close, Radlett, WD7 is located in the borough of Hertsmere within the WD7 postal district.
2, Folly Close, Radlett has a single entry in the Land Registry from December 2018 and a single entry in the EPC database dated July 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Folly Close, Radlett is in very good condition we estimate a sale value of £1,561,553 and a rental value of £3,130 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,383,090 and a rental value of £2,772 per month.
Over the last 12 months the sale value of 2 Folly Close Radlett has decreased by an estimated £14,577 (1.0%) and its rental value has increased by an estimated £92 per month (3.1%), giving an expected gross yield of 2.4%.
According to data from HM Land Registry, 2, Folly Close, Radlett sits on a plot of 699m2.
We have plot size data on 22 out of 22 other houses in the postcode and 2, Folly Close, Radlett sits on the 12th largest plot.
2, Folly Close, Radlett has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Jul 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Folly Close, Radlett was last sold on 17th December 2018 for £998,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2018, the market for similar properties has dropped 26.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Folly Close, Radlett within a radius of 870 metres over the last 2 years.
The most recent example is 48, Watford Road, Radlett, WD7 8LR, a freehold house which sold for £1,550,000 on the 28th July 2023.
Read more about house prices in WD7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Folly Close, Radlett, WD7 has a total of 22 addresses. According to our analysis of all the public data, 2, Folly Close, Radlett is the 2nd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £873k more expensive than the average property in WD7.
The closest station to 2, Folly Close, Radlett is Radlett station which is 900 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Folly Close, Radlett, 56.5% of property is privately owned outright and 38.2% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Folly Close, Radlett, 18.8% of residents are recorded as possessing school level qualifications and 57.8% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Folly Close, Radlett, the average age was 43 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Folly Close, Radlett, 4.8% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Folly Close, Radlett, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
