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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 1, The Drive, Radlett is £1,163,660 and the estimated rental value is £4,628 per month.
The apartment is within 1, The Drive, Radlett, WD7.
The Drive, Radlett, WD7 is located in the borough of Hertsmere within the WD7 postal district.
Flat 2, 1, The Drive, Radlett has a single entry in the Land Registry from September 2022 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 5 out of 5 and is considered of high 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 Flat 2, 1, The Drive, Radlett is in very good condition we estimate a sale value of £1,221,843 and a rental value of £4,859 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,082,204 and a rental value of £4,304 per month.
Over the last 12 months the sale value of Flat 2 1 The Drive Radlett has decreased by an estimated £5,487 (0.5%) and its rental value has increased by an estimated £158 per month (3.4%), giving an expected gross yield of 4.8%.
Flat 2, 1, The Drive, Radlett has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jul 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 1, The Drive, Radlett was last sold on 1st September 2022 for £1,240,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2022, the market for similar properties has dropped 48.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 1, The Drive, Radlett within a radius of 830 metres over the last 2 years.
The most recent example is Flat 8, 1, The Drive, Radlett, WD7 7FG, a leasehold flat which sold for £1,075,000 on the 3rd March 2025.
Read more about house prices in WD7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Drive, Radlett, WD7 has a total of 23 addresses. According to our analysis of all the public data, Flat 2, 1, The Drive, Radlett is the 7th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £549k more expensive than the average property in WD7.
The closest station to Flat 2, 1, The Drive, Radlett is Radlett station which is 400 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 1, The Drive, Radlett, 47.6% of property is privately owned with a mortgage and 46.8% 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 Flat 2, 1, The Drive, Radlett, 24.4% of residents are recorded as possessing school level qualifications and 61.4% 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 Flat 2, 1, The Drive, 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 Flat 2, 1, The Drive, Radlett, 3.5% 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 Flat 2, 1, The Drive, Radlett, there are an average of 2.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.