According to the public record, Flat 2, 165, Farriers Way, Borehamwood is a modern Leasehold apartment and with 871 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 165, Farriers Way, Borehamwood, WD6.
Farriers Way, Borehamwood, WD6 is located in the borough of Hertsmere within the WD6 postal district.
Flat 2, 165, Farriers Way, Borehamwood has 31 entries in the Land Registry database, most recently in December 2017 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 Flat 2 165 Farriers Way Borehamwood as £345,731 and the rental value as £1,581 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 2 165 Farriers Way Borehamwood has decreased by £2,319 (0.7%) and its rental value has increased by £60 per month (3.8%).
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, 165, Farriers Way, Borehamwood is in very good condition we estimate a sale value of £363,017 and rental value of £1,660 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £321,530 and a rental value of £1,470 per month.
If you were able to purchase this property for the estimated value of £345,731, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,699 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, Flat 2, 165, Farriers Way, Borehamwood was last sold on 21 Dec 2017 for £352,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2017, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 165, Farriers Way, Borehamwood within a radius of 574m over the last 2 years.
The most recent example is Flat 8, Willow Tree Court, Balmoral Drive, Borehamwood, WD6 2PF, a Leasehold flat which sold for £300,000 in May 2019.
Read more about house prices in WD6.
Farriers Way, Borehamwood, WD6 has a total of 58 addresses. According to our analysis of all the public data, Flat 2, 165, Farriers Way, Borehamwood is the 29th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £265k less expensive than the average property in WD6.
Flat 2, 165, Farriers Way, Borehamwood has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 2, 165, Farriers Way, Borehamwood is Elstree & Borehamwood station which is 1.8 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 Flat 2, 165, Farriers Way, Borehamwood, 33.6% of property is privately owned with a mortgage and 29.9% is socially rented.
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 Flat 2, 165, Farriers Way, Borehamwood, 24.0% of residents are recorded as possessing school level qualifications and 32.0% 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 Flat 2, 165, Farriers Way, Borehamwood, the average age was 36.7 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 Flat 2, 165, Farriers Way, 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 Flat 2, 165, Farriers Way, 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.