According to the public record, 2, The Reddings, Borehamwood is a mid-century leasehold apartment and with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The Reddings, Borehamwood, WD6 is located in the borough of Hertsmere within the WD6 postal district.
2, The Reddings, Borehamwood has 21 entries in the Land Registry database, most recently in January 2015 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 The Reddings Borehamwood as £303,908 and the rental value as £1,368 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 2 The Reddings Borehamwood has decreased by £950 (0.3%) and its rental value has increased by £57 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 2, The Reddings, Borehamwood is in very good condition we estimate a sale value of £319,103 and rental value of £1,436 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,634 and a rental value of £1,272 per month.
If you were able to purchase this property for the estimated value of £303,908, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,494 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, 2, The Reddings, Borehamwood was last sold on 19 Jan 2015 for £275,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2015, the market for similar properties has risen 17.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, The Reddings, Borehamwood within a radius of 58m over the last 2 years.
The most recent example is 14, The Reddings, Borehamwood, WD6 4SS, a Leasehold flat which sold for £355,000 in Sep 2021.
Read more about house prices in WD6.
The Reddings, Borehamwood, WD6 has a total of 44 addresses. According to our analysis of all the public data, 2, The Reddings, Borehamwood is the 27th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £307k less expensive than the average property in WD6.
2, The Reddings, Borehamwood has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Aug 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 2, The Reddings, Borehamwood is Elstree & Borehamwood station which is 700 m 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 2, The Reddings, Borehamwood, 39.8% of property is privately owned with a mortgage and 29.2% is privately owned outright.
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 2, The Reddings, Borehamwood, 20.3% of residents are recorded as possessing school level qualifications and 48.7% 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 2, The Reddings, Borehamwood, the average age was 37.1 and the most common age was 37.
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 2, The Reddings, 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 2, The Reddings, Borehamwood, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.