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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
3, Orchard Close, Borehamwood is recorded publicly as a modern freehold house across 5,005 ft2 of internal area, sitting on a 1,364 m2 plot.
Locally, houses of this size normally have 6 bedrooms with a garden.
Our estimate of the sale value of 3, Orchard Close, Borehamwood is £1,968,846 and its rental estimate is £4,056 per month, given the available information and assuming reasonable condition.
Orchard Close, Elstree, Borehamwood, WD6 falls within the WD6 postal district, in the borough of Hertsmere.
3, Orchard Close, Borehamwood has 2 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 3, Orchard Close, Borehamwood, we estimate a market value of £2,067,288 and a rental value of £4,259 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,831,027 and £3,772 per month respectively.
Over the last year, 3, Orchard Close, Borehamwood has seen its estimated sale value decrease by £24,254 (1.2%) and its estimated rental value grow by £108 per month (2.7%). This results in an estimated gross rental yield of 2.5%.
HM Land Registry records the plot of land for 3, Orchard Close, Borehamwood as measuring 1,364 m2.
That makes it the 2nd largest plot in the postcode, where all 8 other houses have recorded plot data.
3, Orchard Close, Borehamwood has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
The most recent sale of 3, Orchard Close, Borehamwood completed on 29th September 2021 at £2,025,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 31.5% over the period since September 2021.
Over the past 2 years 3 properties similar to 3, Orchard Close, Borehamwood have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd February 2024, was 21, Barham Avenue, Borehamwood, WD6 3PW, a freehold house which sold for £1,430,000.
Read more about house prices in WD6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 8 addresses on Orchard Close, Elstree, Borehamwood, WD6, 3, Orchard Close, Borehamwood comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £1.357m more expensive than the average property across the WD6 district.
From 3, Orchard Close, Borehamwood, the nearest station is Elstree & Borehamwood, 500 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, Orchard Close, Borehamwood, 62.1% of property is privately owned with a mortgage and 28.0% is privately owned outright.
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 3, Orchard Close, Borehamwood, 29.5% of residents are recorded as possessing school level qualifications and 58.3% 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 3, Orchard Close, Borehamwood, the average age was 41.6 and the most common age was 42.
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 3, Orchard Close, Borehamwood, 0.4% 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 3, Orchard Close, Borehamwood, there are an average of 2.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
