Open Estates says ..

Property Oracle says ..

The property is a 2-bedroom apartment located on Elstree Way in Borehamwood, Hertfordshire. It’s a modern apartment with 1065 sqft of living space and an 865 sqft plot. The apartment appears to be in excellent condition based on the provided images; it is modern, clean, and well-maintained, showing no signs of needing renovation. The location is convenient, with nearby transportation links, including Elstree & Borehamwood train station approximately 1.71 km away, providing access to London and other areas. There are also several highly-rated schools within a short distance, making it attractive to families. The presence of a balcony adds to its appeal.

Considering the average price per sqft in the area is £553, and this property is listed at £385,000, the price seems reasonable, particularly given its modern condition and convenient location. While the average price for properties in the area is higher (£465,725), this property’s smaller size and apartment type justify the lower list price. The nearby listings show a range of prices, with some apartments selling for similar prices, supporting the reasonableness of the listing price. The lack of plot size data for nearby listings makes a direct comparison difficult, but the presence of a balcony suggests some outdoor space.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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