2, The Reddings
2, The Reddings
Description & Estimates
According to the public record, 2, The Reddings, Borehamwood is a mid-century leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, The Reddings, Borehamwood is £296,793 and the estimated rental value is £1,506 per month.
The Reddings, Borehamwood, WD6 is located in the borough of Hertsmere within the WD6 postal district.
Our Data Sources
2, The Reddings, Borehamwood has 21 entries in the Land Registry , most recently in January 2015 and a single entry in the EPC database dated August 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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, The Reddings, Borehamwood is in very good condition we estimate a sale value of £311,632 and a rental value of £1,581 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,017 and a rental value of £1,400 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, The Reddings, Borehamwood has fallen by £4,499 (1.5%), while its estimated rental value has moved up by £33 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Energy Efficiency
2, The Reddings, Borehamwood has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Aug 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
Sold Prices
According to HM Land Registry, 2, The Reddings, Borehamwood was last sold on 19th January 2015 for £275,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2015, the market for similar properties has risen by 9.8%.
- Sold Jan 2015£275,000
- Sold Sep 2003£149,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, The Reddings, Borehamwood within a radius of 630 metres over the last 2 years.
The most recent example is 42, The Reddings, Borehamwood, WD6 4ST, a leasehold flat which sold for £300,000 on the 27th September 2024.
Read more about house prices in WD6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
The Reddings, Borehamwood, WD6 has a total of 44 addresses. According to our analysis of all the public data, 2, The Reddings, Borehamwood is the 24th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £315k less expensive than the average property in WD6.
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Schools Nearby
- 700mMeryfield Primary School
- 900mSt Teresa Catholic Primary School
- 1.0kmCowley Hill School
- 1.2kmYavneh College
- 1.5kmHertswood Academy
- 1.6kmElstree Screen Arts Academy
More reading links
Public Transport Nearby
The closest station to 2, The Reddings, Borehamwood is Elstree & Borehamwood station, which is 700 metres away.
- 700mElstree & Borehamwood
- 3.7kmRadlett
- 4.6kmStanmore
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
