Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 8, Cedar Close, Borehamwood is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 444 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 8, Cedar Close, Borehamwood is £248,351 and the estimated rental value is £1,325 per month.
Cedar Close, Borehamwood, WD6 is located in the borough of Hertsmere within the WD6 postal district.
8, Cedar Close, Borehamwood has a single entry in the Land Registry from September 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 8, Cedar Close, Borehamwood is in very good condition we estimate a sale value of £260,769 and a rental value of £1,391 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,967 and a rental value of £1,232 per month.
Over the last 12 months the sale value of 8 Cedar Close Borehamwood has decreased by an estimated £3,784 (1.5%) and its rental value has increased by an estimated £32 per month (2.4%), giving an expected gross yield of 6.4%.
According to HM Land Registry, 8, Cedar Close, Borehamwood was last sold on 9th September 2011 for £147,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2011, the market for similar properties has risen 28.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Cedar Close, Borehamwood within a radius of 490 metres over the last 2 years.
The most recent example is Flat E, Nuland Court 50-52, Drayton Road, Borehamwood, WD6 2BX, a leasehold flat which sold for £244,000 on the 11th October 2023.
Read more about house prices in WD6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedar Close, Borehamwood, WD6 has a total of 38 addresses. According to our analysis of all the public data, 8, Cedar Close, Borehamwood is the 38th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £366k less expensive than the average property in WD6.
The nearest school is Summerswood Primary School which is 444 metres away. The nearest train station is Elstree & Borehamwood which is 400 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
