# 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
- 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: 237 incidents within 1 mile (Apr 2026)

## Latest sale

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

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** A
- **Expiry date:** 16/01/2030
- **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 |

## 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:** 12.6%
- **10y growth:** 16%

## 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. Bedroom counts vary — use the Beds column to compare like-for-like lets. 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 |
| 2 Bed Maisonette, Lion Court, WD6 | £2,300/mo | 2 | 0.16 miles | OpenRent |
| 1 Bed Flat, Tempsford Avenue, WD6 | £1,300/mo | 1 | 0.67 miles | OpenRent |
| 2 Bed Flat, Shenley Road, WD6 | £1,700/mo | 2 | 0.69 miles | OpenRent |
| Studio Flat, Thornbury Gardens, WD6 | £995/mo | 1 | 0.7 miles | OpenRent |
| 2 Bed Maisonette, Stirling House, WD6 | £850/mo | 2 | 0.74 miles | OpenRent |
| Studio Flat, Gateshead Road, WD6 | £947/mo | 1 | 0.79 miles | OpenRent |
| 4 Bed Semi-Detached House, Brownlow Road, WD6 | £5,000/mo | 4 | 0.94 miles | OpenRent |
| 3 Bed Terraced House, Martins Walk, WD6 | £2,100/mo | 3 | 0.99 miles | OpenRent |
| 2 Bed Flat, The Old Crown House, WD6 | £1,650/mo | 2 | 1.04 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: £1,780/mo (13 listings)**

## 1% Rule

- **Rent ratio:** 0.53% (weak for cashflow)
- **Max investor price (0.8%):** £193,750
- **Target investor price (1%):** £155,000

*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 £1,550/mo).*

- **Gross yield:** 6.3%
- **Cost-to-rent:** 15.9×
- **Monthly cashflow:** £208/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 2.9%

*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 |
|----------|-------|
| Anti-social behaviour | 73 |
| Violence and sexual offences | 59 |
| Other theft | 17 |
| Shoplifting | 17 |
| Public order | 15 |
| Drugs | 14 |
| Vehicle crime | 14 |
| Criminal damage and arson | 9 |
| Robbery | 5 |
| Burglary | 4 |
| Other crime | 3 |
| Possession of weapons | 3 |
| Theft from the person | 3 |
| Bicycle theft | 1 |
| **Total incidents** | **237** |

*Within 1 mile during Apr 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)