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According to the public record, 5, Park Avenue, Radlett is a mid-century freehold house with 2,002 ft2 of internal area and sits on a 1,258 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Park Avenue, Radlett is £1,599,958 and the estimated rental value is £3,757 per month.
Park Avenue, Radlett, WD7 is located in the borough of Hertsmere within the WD7 postal district.
5, Park Avenue, Radlett has 2 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 5, Park Avenue, Radlett is in very good condition we estimate a sale value of £1,679,956 and a rental value of £3,945 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,487,961 and a rental value of £3,494 per month.
Over the last 12 months the sale value of 5 Park Avenue Radlett has decreased by an estimated £15,682 (1.0%) and its rental value has increased by an estimated £116 per month (3.1%), giving an expected gross yield of 2.8%.
According to data from HM Land Registry, 5, Park Avenue, Radlett sits on a plot of 1258m2.
We have plot size data on 4 out of 5 other houses in the postcode and 5, Park Avenue, Radlett sits on the 4th largest plot.
5, Park Avenue, Radlett has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Park Avenue, Radlett was last sold on 30th June 2023 for £1,625,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2023, the market for similar properties has dropped 38.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Park Avenue, Radlett within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 69, Oakridge Avenue, Radlett, WD7 8HB, a freehold house which sold for £1,395,000 on the 12th June 2024.
Read more about house prices in WD7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Avenue, Radlett, WD7 has a total of 6 addresses. According to our analysis of all the public data, 5, Park Avenue, Radlett is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £986k more expensive than the average property in WD7.
The closest station to 5, Park Avenue, Radlett is Radlett station which is 800 metres away.
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 5, Park Avenue, Radlett, 50.8% of property is privately owned outright and 42.4% 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 5, Park Avenue, Radlett, 22.8% of residents are recorded as possessing school level qualifications and 50.3% 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 5, Park Avenue, 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 5, Park Avenue, Radlett, 11.5% 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 5, Park Avenue, Radlett, 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.