Sold STC End of terrace

7 BANKS ROAD

BOREHAMWOOD, HERTFORDSHIRE WD6 5QR

1 beds 1 baths 39 m² Listed 21 Oct 2025 (-239d)

£300,000

Offers in Excess of

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Property details

Tenure

FREEHOLD

Floor area

39 m²

Council tax band

C

Last sold

£295,000 Mar 2026

Local average

£460,603 (-34.9%)

Deprivation

Decile 6 (19,713 of 33,755)

Street crime

240 incidents within 1 mile (Apr 2026)

Key features

  • One Double Bedroom
  • End Of Terrace House
  • Good Condition Throughout
  • Off Street Parking
  • Studio Way Development
  • Spacious Open-Plan Lounge & Kitchen Area
  • Quiet cul-de-sac
  • New Oak Laminate Floor
  • External Storage Cupboard
  • Chain Free

Additional details

Electricity
Mains supply
Water
Mains supply
Sewerage
Mains supply
Heating
Electric
Parking
Off street
Flooded in last 5 years
No
Flood defences
No
Source of flood
Other

Description

This well-maintained, end-of-terrace one-bedroom house is located in a peaceful cul-de-sac within the popular Studio Way development, presenting an excellent opportunity for first-time buyers or investors.

On the ground floor, you’ll find a bright and spacious open-plan lounge and kitchen area, featuring a convenient breakfast bar. A walk-in cupboard/larder is located under the stairs, complete with light and power – ideal for storing a fridge/freezer or additional kitchen appliances. The kitchen also includes a cooker, which is only a year old. A new oak laminate floor was installed in the downstairs area just a few months ago, adding a fresh and modern touch.

Upstairs offers a generous double bedroom with ample space for wardrobes, along with an airing cupboard for additional storage, and a family bathroom with a shower attachment over the bath.

Further benefits include loft access, a full-height external storage cupboard located just before the front door, and a driveway providing off-street parking for one car.

The property is ideally situated with easy access to local amenities, transport links, and major routes including the M1 and M25, making commuting straightforward.

This chain-free property is ready to move in and located in an excellent area, making it ideal for buyers seeking a hassle-free move.

Listed by

Borehamwood

Simmons Estates

Reference: 168424508

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

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EPC Graphs

EE Rating

EE Rating

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #4324715

Property Details

Street: 7 Banks Road

Town: BOREHAMWOOD

Postcode: WD6 5QR

Installation Details

Items: 4 windows and 1 door

Certificate Issued: 18/12/2006

Work Completed: 06/12/2006

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

69% since 2014

Event Date Price % change
Sold 25/03/2026 (2 months ago) £295,000 +68.6%
Sold 28/01/2014 (12 years ago) £175,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

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

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
Same street 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

Street average: £275,000 (1 sale)

Area average: £422,917 (12 sales)

Capital growth trend

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

5y growth 12.6%
10y growth 16%

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: £648/mo (Apr 2025 – Mar 2026)

Location

Nearby

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

Type Name Distance
Bus stop Banks Road 0.1 miles
Bus stop Ealing Close 0.1 miles
Shop Lidl 0.2 miles
Shop Halfords Autocentre 0.4 miles
Train station Elstree & Borehamwood 1.1 miles
Train station Radlett 2.9 miles
University Middlesex University 4.7 miles
University Flood Hazard Research Centre 4.7 miles
Hospital Watford General Hospital 6.3 miles
Hospital Priory Hospital 6.4 miles

Street-level crime

Category Count
Anti-social behaviour 74
Violence and sexual offences 60
Other theft 18
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 240

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. 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
Woodlands Primary School Primary 0.6 miles Good — 28 Sep 2022

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 0.14 miles OpenRent
1 Bed Flat, Tempsford Avenue, WD6 £1,300/mo 1 0.68 miles OpenRent
Studio Flat, Thornbury Gardens, WD6 £995/mo 1 0.71 miles OpenRent
Studio Flat, Gateshead Road, WD6 £947/mo 1 0.78 miles OpenRent
Studio Flat, Hemini Court, WD6 £950/mo 1 1.11 miles OpenRent
1 Bed Flat, Hemini Court, WD6 £1,300/mo 1 1.11 miles OpenRent

Average rent: £1,363/mo (7 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.43%
Max investor price (0.8%) £162,500
Target investor price (1%) £130,000
Gross yield 5.2%
Cost-to-rent ratio 19.2×
Monthly cashflow £-36/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -0.5%
  • 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).