2 Banks Road, Borehamwood, WD6 5QR is a leasehold flat built between 1967-1975. The property offers approximately 441 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £196,871 , which equates to approximately £446 per square foot. It was last sold on 1 Apr 2019 for £195,000. Since then, the value has increased by £1,871, representing a 1.0% increase, or approximately 0.1% per year.

The current estimated value of £196,871 is:

  • 34.5% lower than the average property price on Banks Road
  • 31.4% lower than the average in the WD6 5QR postcode area
  • and 59.3% lower than the average price for Borehamwood as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 4 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 31 May 2024, the property was recorded as rented.

View sold house prices in WD6 5QR

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
441 sq ft
Tenure
Leasehold
Price (estimate)
£196,871
Price Per sq ft (estimate)
£446
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Banks Road, Borehamwood, Hertsmere, Hertfordshire, WD6 5QR has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 31 May 2024.

This property uses an electric boiler with radiators as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 29 Apr 2014. The rating of D remains the same, but the energy efficiency score improved by 1.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, electric, changing energy efficiency from average to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was updated from low energy lighting in 38% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to WD6 5QR

15 th / 15
Price Rank
31% lower than average
5 th / 15
Size Rank
5% smaller than average
15 th / 15
Price Per Sq FT Rank
28% lower than average

Compared to other properties in WD6 5QR , this flat's estimated value ranks 15th out of 15. Based on price per square foot, it ranks 15th out of 15 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 5th out of 15 properties in its postcode area.

Sale History

Today
£196,871
streetscan.co.uk estimate
+1 %
1 Apr 2019
£195,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 441 sq ft
sale price: £165,000
sale date: 8 Mar 2019
rooms: 1
size: 441 sq ft
sale price: £159,000
sale date: 14 Apr 2008
rooms: 2
size: 431 sq ft
sale price: £91,000
sale date: 31 May 2001
rooms: 2
size: 484 sq ft
sale price: £49,500
sale date: 20 Jan 1995

Data Sources

The property at 2 Banks Road, Borehamwood, Hertsmere, Hertfordshire, WD6 5QR appears once in the Land Registry records, with the transaction recorded on 1 Apr 2019. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 31 May 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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