7, Novello Way
7, Novello Way
Description & Estimates
According to the public record, 7, Novello Way, Borehamwood is a modern freehold house with 645 ft2 of internal area and sits on a 105 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Novello Way, Borehamwood is £416,619 and the estimated rental value is £2,112 per month.
Novello Way, Borehamwood, WD6 is located in the borough of Hertsmere within the WD6 postal district.
Our Data Sources
7, Novello Way, Borehamwood has 31 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated March 2016.
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.
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 7, Novello Way, Borehamwood is in very good condition we estimate a sale value of £437,450 and a rental value of £2,217 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £387,456 and a rental value of £1,964 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 7, Novello Way, Borehamwood has moved down by £2,496 (0.6%), while its estimated rental value has increased by £69 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Plot Size
According to data from HM Land Registry, 7, Novello Way, Borehamwood sits on a plot of 105 m2.
We have plot size data on 39 out of 39 other houses in the postcode and 7, Novello Way, Borehamwood sits on the 31st largest plot.
Energy Efficiency
7, Novello Way, Borehamwood has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Mar 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 7, Novello Way, Borehamwood was last sold on 1st August 2022 for £460,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since August 2022, the market for similar properties has risen by 0.1%.
- Sold Aug 2022£460,000
- Sold Jun 2016£385,000
- Sold Aug 2001£144,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Novello Way, Borehamwood within a radius of 770 metres over the last 2 years.
The most recent example is 19, Milland Court, Borehamwood, WD6 5RX, a freehold house which sold for £427,500 on the 28th August 2024.
Read more about house prices in WD6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Similar Properties Let Nearby
Our network of Estate Agents reports 1 let of a property similar to 7, Novello Way, Borehamwood within a radius of 770 metres over the last 2 years.
Most recently, 18, Bray Close, Borehamwood, WD6 5NH, a freehold house, was let by Robert Lewis Property in July 2024.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Novello Way, Borehamwood, WD6 has a total of 39 addresses. According to our analysis of all the public data, 7, Novello Way, Borehamwood is the 34th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £195k less expensive than the average property in WD6.
More reading links
Schools Nearby
- 1.0kmWoodlands Primary School
- 1.1kmCowley Hill School
- 1.1kmSt Teresa Catholic Primary School
- 600mHertswood Academy
- 700mElstree Screen Arts Academy
- 1.5kmYavneh College
More reading links
Public Transport Nearby
The closest station to 7, Novello Way, Borehamwood is Elstree & Borehamwood station, which is 2.1 kilometres away.
- 2.1kmElstree & Borehamwood
- 4.6kmRadlett
- 4.7kmHigh Barnet
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
