The Approach, Perham Way - AL2 1FU
Key Building Insights
The Approach, Perham Way is a residential building situated on Perham Way, London Colney, St. Albans, AL2 with 44 addresses.
It ranks as the 195th largest and 124th most expensive of the 197 buildings in the AL2 area. The most common property type is a modern flat built after 1980.
The building contains a total of 44 properties: 44 flats.
- Ave. Sale Price
- £396,477
- 10 Year change
- up 10.8%
- Ave. Rental Price
- £1,686pcm
- 10 Year change
- up 47.6%
- Ave. £ per ft²
- £490/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Building Insights
The Approach, Perham Way is a residential building situated on Perham Way, London Colney, St. Albans, AL2 with 44 addresses.
It ranks as the 195th largest and 124th most expensive of the 197 buildings in the AL2 area. The most common property type is a modern flat built after 1980.
The building contains a total of 44 properties: 44 flats.
- Ave. Sale Price
- £396,477
- 10 Year change
- up 10.8%
- Ave. Rental Price
- £1,686pcm
- 10 Year change
- up 47.6%
- Ave. £ per ft²
- £490/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertieson Perham Way, London Colney, St. Albans, AL2
- 1 The Approach Perham Way
3 Bed Modern House
- 2 The Approach Perham Way
3 Bed Modern House
- 3 The Approach Perham Way
3 Bed Modern House
- 4 The Approach Perham Way
3 Bed Modern House
- 5 The Approach Perham Way
3 Bed Modern House
Sales Market Trends
The last sale in The Approach, Perham Way sold for £262,000 on 27th March 2025. Since then prices are up an average of 0.4%.
The current average value in the building is £396,477.
The The Approach, Perham Way Sales Market has increased by 10.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.4% | £396,477 |
| June 2025 | -0.1% | £394,934 |
| June 2024 | -0.7% | £395,241 |
| June 2023 | -0.3% | £397,857 |
| June 2022 | 5% | £398,959 |
| June 2021 | 5.5% | £380,033 |
| June 2020 | 2.5% | £360,161 |
| June 2019 | -1.9% | £351,398 |
| June 2018 | -2% | £358,331 |
| June 2017 | 2.2% | £365,582 |
| June 2016 | 11.3% | £357,732 |
| June 2015 | 12.8% | £321,474 |
| June 2014 | 13.3% | £285,014 |
| June 2013 | 1.9% | £251,645 |
| June 2012 | 2.7% | £246,866 |
| June 2011 | 0.7% | £240,359 |
| June 2010 | 13% | £238,801 |
| June 2009 | -10.5% | £211,382 |
| June 2008 | 0% | £236,210 |
| June 2007 | 0% | £236,250 |
Rental Market Trends
The current average rental value in the building is £1,686.
The The Approach, Perham Way Rental Market has increased by 47.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5% | £1,686pcm |
| June 2025 | 4.9% | £1,606pcm |
| June 2024 | 7% | £1,531pcm |
| June 2023 | 8.3% | £1,430pcm |
| June 2022 | 9.2% | £1,320pcm |
| June 2021 | 2.7% | £1,210pcm |
| June 2020 | 2.7% | £1,178pcm |
| June 2019 | -1.1% | £1,147pcm |
| June 2018 | 0.8% | £1,160pcm |
| June 2017 | 0.7% | £1,150pcm |
| June 2016 | 2.9% | £1,142pcm |
| June 2015 | 6% | £1,110pcm |
| June 2014 | 7.7% | £1,048pcm |
| June 2013 | 2.1% | £973pcm |
| June 2012 | 1.4% | £953pcm |
| June 2011 | 3.4% | £940pcm |
| June 2010 | 5.6% | £910pcm |
| June 2009 | -5.2% | £862pcm |
| June 2008 | 3.4% | £909pcm |
| June 2007 | 0% | £879pcm |
Sales History
The last sale was on 27th March 2025 for £262,000 and since then the market in the area has increased by 0.4%. The building has had a total of 32 sales since 1995.
The Approach, Perham Way, London Colney, St. Albans, AL2 1FU has seen 32 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£262,000 | 2 Bed Flat25 The Approach, Perham Way, St. Albans, AL2 1FU25 The Approach, Perham Way, St. Albans, AL2 1FU
- Sold Mar 2025£262,000 | 2 Bed Flat31 The Approach, Perham Way, St. Albans, AL2 1FU31 The Approach, Perham Way, St. Albans, AL2 1FU
- Sold Mar 2025£334,000 | 2 Bed Flat27 The Approach, Perham Way, St. Albans, AL2 1FU27 The Approach, Perham Way, St. Albans, AL2 1FU
- Sold Feb 2025£350,000 | 2 Bed Flat32 The Approach, Perham Way, St. Albans, AL2 1FU32 The Approach, Perham Way, St. Albans, AL2 1FU
- Sold Dec 2024£330,000 | 2 Bed Flat24 The Approach, Perham Way, St. Albans, AL2 1FU24 The Approach, Perham Way, St. Albans, AL2 1FU
Property Types
- 17 modern houses built after 1980
- 27 modern flats built after 1980
- modern house (17)
- modern flat (27)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 44 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (44)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold May 2022£2,032,000 | 3 Bed House51, Perham Way, St. Albans, AL2 1LB51, Perham Way, St. Albans, AL2 1LB
- Sold Dec 2023£665,000 | 3 Bed House51, Perham Way, St. Albans, AL2 1LB51, Perham Way, St. Albans, AL2 1LB
- Sold Nov 2023£645,000 | 3 Bed House43, Perham Way, St. Albans, AL2 1LB43, Perham Way, St. Albans, AL2 1LB
Schools Nearby
- London Colney Primary & Nursery School100 m away
- Bowmansgreen Primary School600 m away
- Saint Bernadette Voluntary Catholic Primary Academy800 m away
- Nicholas Breakspear Catholic School2.4 km away
- Beaumont School3.2 km away
- Verulam School3.6 km away
More reading links
Public Transport Nearby
The closest station to The Approach, Perham Way, London Colney, St. Albans, AL2 1FU is Park Street station, which is 3.1 kilometres away.
- Park Street|3.1 km away
- St Albans City|3.5 km away
- How Wood (Hertfordshire)|3.5 km away
- St Albans Abbey|3.9 km away
