04/09/2023
Borehamwood Property News
Welcome to the latest edition of Borehamwood Property News, where we bring you the most up-to-date information on the local property market.
Market Overview
The Borehamwood property market has shown strong growth in the past three years, with an 11% increase in average property value. There are currently 290 properties for sale in the area, ranging from flats to detached houses. The average property value is £730,000, which is higher than the national average of £269,150.
The demand for properties in Borehamwood is high, as evidenced by the low number of new listings in the past 14 days (8) and the relatively short time on the market (87 days) for the average property.
Property Fact
Did you know that Borehamwood is home to one of the UK’s largest film and television production centres? The Elstree Studios have been used for many famous productions, such as Star Wars, Indiana Jones, The Crown and Strictly Come Dancing. The studios are set to expand further with the construction of Sky Studios Elstree, which will create more jobs and opportunities for the local economy.
Future Projects
Borehamwood is not only a hub for entertainment, but also for business and industry. Panattoni Park Borehamwood is a new development that will offer flexible warehouse and industrial space for various sectors. The project completed back in 2022 and its modern facilities and excellent transport links are now fully leased.
We hope you enjoyed this edition of Borehamwood Property News.
If you have any questions or feedback, please contact us at [email protected]