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According to the public record, Flat 2, 62A, Milton Drive, Borehamwood is a modern leasehold apartment with 462 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 Flat 2, 62A, Milton Drive, Borehamwood is £306,903 and the estimated rental value is £1,466 per month.
The apartment is within 62A, Milton Drive, Borehamwood, WD6.
Milton Drive, Borehamwood, WD6 is located in the borough of Hertsmere within the WD6 postal district.
Flat 2, 62A, Milton Drive, Borehamwood has a single entry in the Land Registry from May 2017 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, 62A, Milton Drive, Borehamwood is in very good condition we estimate a sale value of £322,248 and a rental value of £1,539 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £285,420 and a rental value of £1,363 per month.
Over the last 12 months the sale value of Flat 2 62A Milton Drive Borehamwood has decreased by an estimated £4,677 (1.5%) and its rental value has increased by an estimated £36 per month (2.4%), giving an expected gross yield of 5.7%.
Flat 2, 62A, Milton Drive, Borehamwood has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Mar 2017.
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, 62A, Milton Drive, Borehamwood was last sold on 25th May 2017 for £309,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2017, the market for similar properties has risen 8.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 62A, Milton Drive, Borehamwood within a radius of 620 metres over the last 2 years.
The most recent example is Flat 4, 73E, Coleridge Way, Borehamwood, WD6 2AE, a leasehold flat which sold for £315,000 on the 12th July 2024.
Read more about house prices in WD6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milton Drive, Borehamwood, WD6 has a total of 84 addresses. According to our analysis of all the public data, Flat 2, 62A, Milton Drive, Borehamwood is the 81st largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £307k less expensive than the average property in WD6.
The nearest school is Summerswood Primary School which is 270 metres away. The nearest train station is Elstree & Borehamwood which is 800 metres away.
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