According to the public record, 18, Morpeth Avenue, Borehamwood is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 591 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Morpeth Avenue, Borehamwood, WD6 is located in the borough of Hertsmere within the WD6 postal district.
18, Morpeth Avenue, Borehamwood has a single entry in the Land Registry database from April 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 18 Morpeth Avenue Borehamwood as £231,725 and the rental value as £1,148 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 18 Morpeth Avenue Borehamwood has decreased by £832 (0.4%) and its rental value has increased by £47 per month (4.1%).
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 18, Morpeth Avenue, Borehamwood is in very good condition we estimate a sale value of £243,312 and rental value of £1,205 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,504 and a rental value of £1,067 per month.
If you were able to purchase this property for the estimated value of £231,725, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,139 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 18, Morpeth Avenue, Borehamwood was last sold on 07 Apr 2011 for £150,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2011, the market for similar properties has risen 50.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Morpeth Avenue, Borehamwood within a radius of 166m over the last 2 years.
The most recent example is 20, Morpeth Avenue, Borehamwood, WD6 4BN, a Leasehold flat which sold for £232,000 in Aug 2022.
Read more about house prices in WD6.
Morpeth Avenue, Borehamwood, WD6 has a total of 77 addresses. According to our analysis of all the public data, 18, Morpeth Avenue, Borehamwood is the 56th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £379k less expensive than the average property in WD6.
The closest station to 18, Morpeth Avenue, Borehamwood is Elstree & Borehamwood station which is 2.0 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, Morpeth Avenue, Borehamwood, 39.7% of property is socially rented and 34.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 18, Morpeth Avenue, Borehamwood, 19.2% of residents are recorded as possessing school level qualifications and 33.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 18, Morpeth Avenue, Borehamwood, the average age was 36.8 and the most common age was 32.
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 18, Morpeth Avenue, Borehamwood, 0.0% 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 18, Morpeth Avenue, Borehamwood, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.