Terraced 2 sales on record

7 BANKS ROAD

BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5QR

£295,000

Location

Map view View on Google Maps View on OpenStreetMap Street View WD6 5QR

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Banks Road	0.1 miles
Shop	Lidl	0.2 miles
Train station	Elstree & Borehamwood	1.1 miles
University	Middlesex University	4.7 miles
Hospital	Watford General Hospital	6.3 miles

Property details

Tenure

Freehold

Property type

Terraced

Bedrooms

Bathrooms

Floor area

39 m²

EPC rating

Year built

England and Wales: 2003-2006

Last sold

£295,000 Mar 2026

Price per m²

£7,564/m²

Local average

£460,603 (31 sales)

Street crime

236 incidents within 1 mile (Mar 2026)

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: A

Inspection date: 17/01/2020

Current heating cost: £510/year

Potential heating cost: £263/year

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Increase loft insulation to 270 mm (350)
Party wall insulation (600)
High heat retention storage heaters (1,200)
Solar water heating (6,000)
Solar photovoltaic panels, 2.5 kWp (5,500)

View full EPC on gov.uk

Price history

Event	Date	Price	Type	% change	Today’s value (HPI)	Action
Sold	25/03/2026	£295,000	Terraced	+68.6%	£295,000 to March 2026	View transaction
Sold	28/01/2014	£175,000	Terraced	—	£292,434 to March 2026	View transaction

Historic listings

Listing and sale events only where we matched the listing page to a Land Registry sale already on record for this address.

Event	Date	Price
sold	01/01/2026	£295,000
listed	21/10/2025	£300,000
sold	01/01/2014	£175,000
sold	01/01/2002	£106,000

Photos · Open listing

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address	Price	Date	Type
13 HAY CLOSE, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5RA	£415,000	30/06/2023	Terraced
2 PINEWOOD CLOSE, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5NW	£375,000	23/06/2023	Terraced
5 BANKS ROAD, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5QR	£275,000	15/06/2023	Terraced
9 KELLY COURT, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5QU	£286,500	20/10/2022	Terraced
42 RUTHERFORD CLOSE, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5RZ	£500,000	28/09/2022	Terraced
22 STUDIO WAY, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5NN	£425,000	14/09/2022	Terraced
53 PINEWOOD CLOSE, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5NP	£430,000	26/08/2022	Terraced
38 HORIZON PLACE, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5FP	£575,000	03/05/2022	Terraced
54 HORIZON PLACE, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5FP	£545,000	25/02/2022	Terraced
9 EALING CLOSE, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5NS	£380,000	17/02/2022	Terraced
37 RUTHERFORD CLOSE, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5RZ	£440,000	31/01/2022	Terraced
18 COOPERS CRESCENT, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5RF	£398,500	10/09/2021	Terraced
52 PINEWOOD CLOSE, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5NR	£305,000	28/06/2021	Terraced

Area average: £411,538 (13 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 3.1%

10y growth 25.7%

House Price Index (HM Land Registry — official index, not sold-price averages): Hertsmere. Series: Terraced. As of March 2026.

1y (index) 3.6%

5y (index) 11.8%

10y (index) 24.2%

Rental Range

Estimated market rent for Hertsmere. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,616/mo

Realistic £1,796/mo

Optimistic £1,976/mo

Based on Local Authority from postcode lookup → Hertsmere.

LHA (30th percentile) floor for Bedford: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
1 Bed End Terrace, Kelly Court, WD6	£1,550/mo	1	0.02 miles	OpenRent
1 Bed Flat, Studio Way, WD6	£2,500/mo	1	0.16 miles	OpenRent
1 Bed Flat, Tempsford Avenue, WD6	£1,300/mo	1	0.67 miles	OpenRent
Studio Flat, Thornbury Gardens, WD6	£995/mo	1	0.7 miles	OpenRent
Studio Flat, Gateshead Road, WD6	£947/mo	1	0.79 miles	OpenRent
Studio Flat, Hemini Court, WD6	£950/mo	1	1.09 miles	OpenRent
1 Bed Flat, Hemini Court, WD6	£1,300/mo	1	1.09 miles	OpenRent

Average rent: £1,363/mo (7 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.44%

Max investor price (0.8%) £162,500

Target investor price (1%) £130,000

Gross yield 5.3%

Cost-to-rent ratio 18.9×

Monthly cashflow £-17/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -0.2%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Street-level crime

Category	Count
Violence and sexual offences	83
Anti-social behaviour	45
Shoplifting	28
Other theft	15
Drugs	13
Public order	13
Criminal damage and arson	11
Burglary	7
Vehicle crime	7
Other crime	5
Theft from the person	4
Bicycle theft	2
Possession of weapons	2
Robbery	1
Total incidents	236

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Elstree Screen Arts Academy	Secondary	0.2 miles	Good — 17 Oct 2019
Hertswood Academy	Secondary	0.4 miles	Requires improvement — 21 Sep 2022
St Teresa Catholic Primary School	Primary	0.5 miles	Good — 4 Jul 2016
Kenilworth Primary School	Primary	0.6 miles	Good — 20 Jun 2022
Monksmead School	Primary	0.6 miles	Good — 27 Mar 2012

FENSA

Window and door installation certificates found for this address.

Issued	Work completed	Windows	Doors
18/12/2006	06/12/2006	4	1

# 7 BANKS ROAD, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5QR

## Property details

- Slug: `bb743bd` (address key hash: `bb743bd9e262780ace8fb735424d9597aefba6b5`)
- Postcode: WD6 5QR
- Transactions on record: 2

- Tenure: Freehold
- Property type: Terraced
- Bedrooms: 1
- Bathrooms: 1
- Floor area: 39 m²
- EPC rating: D
- Year built: England and Wales: 2003-2006
- Last sold: £295,000 Mar 2026
- Price per m²: £7,564/m²
- Local average: £460,603 (31 sales)
- Street crime: 236 incidents within 1 mile (Mar 2026)

## Latest sale

- Price: £295,000
- Date: 2026-03-25
- Type: T
- Tenure: F

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** A
- **Current heating cost:** £510/year

### Recommendations
- A (350)
- B4 (600)
- L2 (1,200)
- N (6,000)
- U (5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8430-6629-6900-5183-2296)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-03-25 | £295,000 | Terraced | +68.6% | £295,000 (to March 2026) | [View](http://87.117.209.195:8080/house-prices/4e75c29d-31dd-8922-e063-4804a8c094d0) |
| Sold | 2014-01-28 | £175,000 | Terraced | — | £292,434 (to March 2026) | [View](http://87.117.209.195:8080/house-prices/e01049f7-b5fd-4d67-80c2-108390b32181) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 7 BANKS ROAD, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5QR | £295,000 | 25/03/2026 | Terraced |
| 7 BANKS ROAD, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5QR | £175,000 | 28/01/2014 | Terraced |

## Historic listings

Listing activity only where we matched the listing to a Land Registry sale already on record for this address.

- Matched listing: [168424508](http://87.117.209.195:8080/listings/946309d)

| Event | Date | Price |
|-------|------|-------|
| sold | 2026-01-01 | £295,000 |
| listed | 2025-10-21 | £300,000 |
| sold | 2014-01-01 | £175,000 |
| sold | 2002-01-01 | £106,000 |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 13 HAY CLOSE, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5RA | £415,000 | 30/06/2023 | Terraced |
| 2 PINEWOOD CLOSE, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5NW | £375,000 | 23/06/2023 | Terraced |
| 5 BANKS ROAD, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5QR | £275,000 | 15/06/2023 | Terraced |
| 9 KELLY COURT, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5QU | £286,500 | 20/10/2022 | Terraced |
| 42 RUTHERFORD CLOSE, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5RZ | £500,000 | 28/09/2022 | Terraced |
| 22 STUDIO WAY, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5NN | £425,000 | 14/09/2022 | Terraced |
| 53 PINEWOOD CLOSE, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5NP | £430,000 | 26/08/2022 | Terraced |
| 38 HORIZON PLACE, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5FP | £575,000 | 03/05/2022 | Terraced |
| 54 HORIZON PLACE, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5FP | £545,000 | 25/02/2022 | Terraced |
| 9 EALING CLOSE, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5NS | £380,000 | 17/02/2022 | Terraced |
| 37 RUTHERFORD CLOSE, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5RZ | £440,000 | 31/01/2022 | Terraced |
| 18 COOPERS CRESCENT, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5RF | £398,500 | 10/09/2021 | Terraced |
| 52 PINEWOOD CLOSE, BOREHAMWOOD, HERTSMERE, HERTFORDSHIRE, WD6 5NR | £305,000 | 28/06/2021 | Terraced |

**Area average:** £411,538 (13 sales)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 3.1%
- **10y growth:** 25.7%

## House Price Index (HM Land Registry)

*Official index for Hertsmere; Terraced series; as of March 2026.*

- **1y growth (index):** 3.6%
- **5y growth (index):** 11.8%
- **10y growth (index):** 24.2%

## Rental Range

*ONS Price Index of Private Rents (Hertsmere). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,616/mo
- **Realistic:** £1,796/mo
- **Optimistic:** £1,976/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Bedford (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed End Terrace, Kelly Court, WD6 | £1,550/mo | 1 | 0.02 miles | OpenRent |
| 1 Bed Flat, Studio Way, WD6 | £2,500/mo | 1 | 0.16 miles | OpenRent |
| 1 Bed Flat, Tempsford Avenue, WD6 | £1,300/mo | 1 | 0.67 miles | OpenRent |
| Studio Flat, Thornbury Gardens, WD6 | £995/mo | 1 | 0.7 miles | OpenRent |
| Studio Flat, Gateshead Road, WD6 | £947/mo | 1 | 0.79 miles | OpenRent |
| Studio Flat, Hemini Court, WD6 | £950/mo | 1 | 1.09 miles | OpenRent |
| 1 Bed Flat, Hemini Court, WD6 | £1,300/mo | 1 | 1.09 miles | OpenRent |

**Average rent: £1,363/mo (7 listings)**

## 1% Rule

- **Rent ratio:** 0.44% (weak for cashflow)
- **Max investor price (0.8%):** £162,500
- **Target investor price (1%):** £130,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,300/mo).*

- **Gross yield:** 5.3%
- **Cost-to-rent:** 18.9×
- **Monthly cashflow:** £-17/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -0.2%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Not in Flood Risk Area (no data)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Violence and sexual offences | 83 |
| Anti-social behaviour | 45 |
| Shoplifting | 28 |
| Other theft | 15 |
| Drugs | 13 |
| Public order | 13 |
| Criminal damage and arson | 11 |
| Burglary | 7 |
| Vehicle crime | 7 |
| Other crime | 5 |
| Theft from the person | 4 |
| Bicycle theft | 2 |
| Possession of weapons | 2 |
| Robbery | 1 |
| **Total incidents** | **236** |

*Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| Elstree Screen Arts Academy | Secondary | 0.2 miles | Good — 17 Oct 2019 |
| Hertswood Academy | Secondary | 0.4 miles | Requires improvement — 21 Sep 2022 |
| St Teresa Catholic Primary School | Primary | 0.5 miles | Good — 4 Jul 2016 |
| Kenilworth Primary School | Primary | 0.6 miles | Good — 20 Jun 2022 |
| Monksmead School | Primary | 0.6 miles | Good — 27 Mar 2012 |

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #4324715
- **Address:** 7 Banks Road, BOREHAMWOOD, WD6 5QR
- **Certificate Issued:** 18/12/2006
- **Work Completed:** 06/12/2006
- **Items:** 4 window(s), 1 door(s)