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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, 21, Red Road, Borehamwood is £1,076,741 and the estimated rental value is £4,339 per month.
The apartment is within 21, Red Road, Borehamwood, WD6.
Red Road, Borehamwood, WD6 is located in the borough of Hertsmere within the WD6 postal district.
Flat 2, 21, Red Road, Borehamwood has a single entry in the Land Registry from December 2017 and a single entry in the EPC database dated November 2017.
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 Flat 2, 21, Red Road, Borehamwood is in very good condition we estimate a sale value of £1,130,578 and a rental value of £4,556 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,001,369 and a rental value of £4,036 per month.
Over the last 12 months the sale value of Flat 2 21 Red Road Borehamwood has decreased by an estimated £6,598 (0.6%) and its rental value has increased by an estimated £140 per month (3.2%), giving an expected gross yield of 4.8%.
Flat 2, 21, Red Road, Borehamwood has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Nov 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
According to HM Land Registry, Flat 2, 21, Red Road, Borehamwood was last sold on 18th December 2017 for £1,000,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2017, the market for similar properties has dropped 4.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 2, 21, Red Road, Borehamwood within a radius of 670 metres over the last 2 years.
The most recent example is Flat 4, 21, Red Road, Borehamwood, WD6 4SR, a leasehold flat which sold for £1,075,000 on the 17th January 2018.
Read more about house prices in WD6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Red Road, Borehamwood, WD6 has a total of 26 addresses. According to our analysis of all the public data, Flat 2, 21, Red Road, Borehamwood is the 4th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £465k more expensive than the average property in WD6.
The nearest school is Meryfield Primary School which is 700 metres away. The nearest train station is Elstree & Borehamwood which is 700 metres away.
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