Cleveland Road - AL3 8LB
Key Postcode Insights
AL3 8LB is a residential postcode situated on Cleveland Road, Markyate, St. Albans, AL3 with 10 addresses.
It ranks as the 445th largest and 110th most expensive of the 902 postcodes in the AL3 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 10 properties: 9 houses and 1 other property.
- Ave. Sale Price
- £379,966
- 10 Year change
- up 25.0%
- Ave. Rental Price
- £1,550pcm
- 10 Year change
- up 56.5%
- Ave. £ per ft²
- £572/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
AL3 8LB is a residential postcode situated on Cleveland Road, Markyate, St. Albans, AL3 with 10 addresses.
It ranks as the 445th largest and 110th most expensive of the 902 postcodes in the AL3 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 10 properties: 9 houses and 1 other property.
- Ave. Sale Price
- £379,966
- 10 Year change
- up 25.0%
- Ave. Rental Price
- £1,550pcm
- 10 Year change
- up 56.5%
- Ave. £ per ft²
- £572/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Properties in AL3 8LB
- 1A Cleveland Road
3 Bed Modern House
- 1B Cleveland Road
3 Bed Modern House
- 1 Cleveland Road
3 Bed Period House
- 3 Cleveland Road
2 Bed Period House
- 5 Cleveland Road
2 Bed Period House
Sales Market Trends
The last sale in AL3 8LB sold for £370,000 on 2nd May 2024. Since then prices are up an average of 4.1%.
The current average value in the postcode is £379,966.
The AL3 8LB Sales Market has increased by 25.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.7% | £379,966 |
| June 2025 | 3.1% | £377,476 |
| June 2024 | -0.5% | £365,960 |
| June 2023 | -1.4% | £367,852 |
| June 2022 | 9.5% | £372,891 |
| June 2021 | 5% | £340,493 |
| June 2020 | 2.4% | £324,392 |
| June 2019 | -1.6% | £316,706 |
| June 2018 | 0.5% | £321,975 |
| June 2017 | 5.4% | £320,529 |
| June 2016 | 13.3% | £304,003 |
| June 2015 | 13.8% | £268,346 |
| June 2014 | 12.5% | £235,781 |
| June 2013 | 4.6% | £209,503 |
| June 2012 | 2.1% | £200,350 |
| June 2011 | 0.1% | £196,295 |
| June 2010 | 14.1% | £196,111 |
| June 2009 | -12.3% | £171,843 |
| June 2008 | -2.7% | £196,007 |
| June 2007 | 0% | £201,416 |
Rental Market Trends
The current average rental value in the postcode is £1,550.
The AL3 8LB Rental Market has increased by 56.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £1,550pcm |
| June 2025 | 6% | £1,479pcm |
| June 2024 | 8.6% | £1,396pcm |
| June 2023 | 8.7% | £1,285pcm |
| June 2022 | 8.9% | £1,183pcm |
| June 2021 | 4.5% | £1,086pcm |
| June 2020 | 2.2% | £1,040pcm |
| June 2019 | 1% | £1,018pcm |
| June 2018 | -1.3% | £1,008pcm |
| June 2017 | 3.1% | £1,021pcm |
| June 2016 | 6.8% | £990pcm |
| June 2015 | 7.9% | £927pcm |
| June 2014 | 9.2% | £859pcm |
| June 2013 | 4.9% | £787pcm |
| June 2012 | 0.2% | £750pcm |
| June 2011 | 2.5% | £749pcm |
| June 2010 | 6.8% | £730pcm |
| June 2009 | -5.4% | £684pcm |
| June 2008 | 0.2% | £723pcm |
| June 2007 | 0% | £721pcm |
Sales History
The last recorded sale was on 2nd May 2024 for £370,000 and since then the market in the area has increased by 4.1%.
AL3 8LB has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold May 2024£370,000 | 2 Bed House5, Cleveland Road, St. Albans, AL3 8LB5, Cleveland Road, St. Albans, AL3 8LB
- Sold Sep 2021£265,000 | 2 Bed House33, Cleveland Road, St. Albans, AL3 8LB33, Cleveland Road, St. Albans, AL3 8LB
- Sold Jul 2021£245,000 | 2 Bed House7, Cleveland Road, St. Albans, AL3 8LB7, Cleveland Road, St. Albans, AL3 8LB
Nearby Postcodes
AL3 8LB is the 445th largest and the 110th most expensive postcode out of the 902 postcodes in the AL3 area.
- AL3 8NP, High Street, Markyate, St. Albans, AL3AL3 8NP3 Addresses|20 m away
- AL3 8LE, High Street, Markyate, St. Albans, AL3AL3 8LE15 Addresses|25 m away
- AL3 8LD, Cleveland Road, Markyate, St. Albans, AL3AL3 8LD3 Addresses|27 m away
- AL3 8LA, William Street, Markyate, St. Albans, AL3AL3 8LA5 Addresses|52 m away
- AL3 8LF, High Street, Markyate, St. Albans, AL3AL3 8LF5 Addresses|68 m away
Property Types
- 6 period houses built between 1800 and 1911
- 3 modern houses built after 1980
- 1 other address of unknown type
- period house (6)
- modern house (3)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 9 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (4)
- G (0)
- D (4)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Apr 2022£950,000 | 4 Bed HouseThe Tower House, Cleveland Road, St. Albans, AL3 8LDThe Tower House, Cleveland Road, St. Albans, AL3 8LD
- Sold Mar 2019£569,950 | 4 Bed HouseCladdagh, Cleveland Road, St. Albans, AL3 8LDCladdagh, Cleveland Road, St. Albans, AL3 8LD
- Sold Jul 2009£470,000 | 4 Bed HouseThe Tower House, Cleveland Road, St. Albans, AL3 8LDThe Tower House, Cleveland Road, St. Albans, AL3 8LD
Schools Nearby
- Markyate Village School and Nursery600 m away
- Slip End Village School2.6 km away
- Flamstead Village School2.6 km away
- The Stockwood Park Academy4.2 km away
- Manshead Church of England Academy5.0 km away
- Chiltern Academy5.8 km away
More reading links
Public Transport Nearby
The closest station to AL3 8LB is Luton Airport Parkway station, which is 6.1 kilometres away.
- Luton Airport Parkway|6.1 km away
- Luton|6.1 km away
- Harpenden|7.8 km away
- Leagrave|7.8 km away