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According to the public record, 3, Gate Close, Borehamwood is a modern leasehold apartment with 462 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 3, Gate Close, Borehamwood is £255,292 and the estimated rental value is £1,351 per month.
Gate Close, Borehamwood, WD6 is located in the borough of Hertsmere within the WD6 postal district.
3, Gate Close, Borehamwood has 31 entries in the Land Registry , most recently in November 2010 and a single entry in the EPC database dated December 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 3, Gate Close, Borehamwood is in very good condition we estimate a sale value of £268,057 and a rental value of £1,419 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,422 and a rental value of £1,257 per month.
Over the last 12 months the sale value of 3 Gate Close Borehamwood has decreased by an estimated £3,890 (1.5%) and its rental value has increased by an estimated £33 per month (2.4%), giving an expected gross yield of 6.4%.
3, Gate Close, Borehamwood has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Dec 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, mains gas.
According to HM Land Registry, 3, Gate Close, Borehamwood was last sold on 25th November 2010 for £159,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2010, the market for similar properties has risen 52.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Gate Close, Borehamwood within a radius of 500 metres over the last 2 years.
The most recent example is 5, Danziger Way, Borehamwood, WD6 5DA, a leasehold flat which sold for £190,000 on the 16th April 2024.
Read more about house prices in WD6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 500 metres radius of 3, Gate Close, Borehamwood over the last 2 years.
Most recently 18, Bray Close, Borehamwood, WD6 5NH, a freehold house let by Robert Lewis Property in July 2024.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gate Close, Borehamwood, WD6 has a total of 18 addresses. According to our analysis of all the public data, 3, Gate Close, Borehamwood is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £359k less expensive than the average property in WD6.
The nearest school is Hertswood Academy which is 320 metres away. The nearest train station is Elstree & Borehamwood which is 1.8 kilometres away.
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