AL2 1AZ is a residential postcode situated on Lowbell Lane, London Colney, St. Albans, AL2 with 34 addresses.
It ranks as the 636th largest and 321st most expensive of the 697 postcodes in the AL2 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 34 properties: 27 houses, 4 flats and 3 other properties.
Sale prices range from £256,367 for 2 bedroom leasehold flats (667 ft2) to £733,603 for 4 bedroom freehold houses with a garden (1,701 ft2) .
Monthly rental prices range from £1,283 pcm for 2 bed flats to £2,945 pcm for 4 bed houses.
The gross rental yield is between 4.8% and 6.0%.
The average value per square foot is £549.
The last sale in AL2 1AZ sold for £665,000 on 21st March 2024. Since then prices are up an average of 2.7%.
The current average value in the postcode is £518,698.
The AL2 1AZ Sales Market has increased by 24.6% over the last 10 years.
Period | Year on Year | Average Price |
---|---|---|
June 2025 | 1.3% | £518,698 |
June 2024 | 0.9% | £511,918 |
June 2023 | -2% | £507,305 |
June 2022 | 4.8% | £517,732 |
June 2021 | 6.8% | £493,828 |
June 2020 | 4.5% | £462,333 |
June 2019 | -1.2% | £442,215 |
June 2018 | -3% | £447,543 |
June 2017 | 0.5% | £461,283 |
June 2016 | 10.3% | £459,048 |
June 2015 | 12.4% | £416,241 |
June 2014 | 14.4% | £370,476 |
June 2013 | 3.7% | £323,850 |
June 2012 | 3.9% | £312,436 |
June 2011 | -0.2% | £300,768 |
June 2010 | 11.4% | £301,504 |
June 2009 | -4.2% | £270,662 |
June 2008 | -5.4% | £282,502 |
June 2007 | 0% | £298,502 |
The current average rental value in the postcode is £2,187.
The AL2 1AZ Rental Market has increased by 45.2% over the last 10 years.
Period | Year on Year | Average Price |
---|---|---|
June 2025 | 4.1% | £2,187pcm |
June 2024 | 10.2% | £2,100pcm |
June 2023 | 7.1% | £1,905pcm |
June 2022 | 7.5% | £1,778pcm |
June 2021 | 5.3% | £1,655pcm |
June 2020 | 2.2% | £1,572pcm |
June 2019 | 0.8% | £1,538pcm |
June 2018 | -2.6% | £1,525pcm |
June 2017 | 0.8% | £1,566pcm |
June 2016 | 3.1% | £1,553pcm |
June 2015 | 4.1% | £1,506pcm |
June 2014 | 8% | £1,447pcm |
June 2013 | 3.8% | £1,340pcm |
June 2012 | 0.3% | £1,291pcm |
June 2011 | 4.2% | £1,287pcm |
June 2010 | 4.3% | £1,236pcm |
June 2009 | 0.8% | £1,185pcm |
June 2008 | 1.6% | £1,175pcm |
June 2007 | 0% | £1,157pcm |
The last sale was on 21st March 2024 for £665,000 and since then the market in the area has increased by 2.7%. The postcode has had a total of 24 sales since 1995.
AL2 1AZ has seen 2 sales in the last three years and no sales in the last twelve months.
AL2 1AZ is the 636th largest and the 321st most expensive postcode out of the 697 postcodes in the AL2 area.
The closest station to AL2 1AZ is Park Street station which is 3.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around AL2 1AZ, 44.0% of property is privately rented and 36.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around AL2 1AZ, 10.9% of residents are recorded as possessing school level qualifications and 34.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around AL2 1AZ, the average age was 39.3 and the most common age was 52.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around AL2 1AZ, 0.4% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around AL2 1AZ, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
According to recent data from Ofcom, superfast broadband is available in this area.