16, New Forge Place
16, New Forge Place
Description & Estimates
The public record lists 16, New Forge Place, St. Albans as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 859 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
16, New Forge Place, St. Albans has an estimated sale value of £265,280 and an estimated rental value of £1,288 per month, assuming reasonable condition and based on the information available.
New Forge Place, Redbourn, St. Albans, AL3 lies in the borough of St. Albans, within the AL3 postal district.
Our Data Sources
16, New Forge Place, St. Albans has a single entry in the Land Registry from December 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 16, New Forge Place, St. Albans would be worth £278,544, with a potential rental value of £1,352 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £246,711, with a rental value of £1,198 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 16, New Forge Place, St. Albans has risen by £354 (0.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £48 (3.8%). The property's estimated gross yield is currently 5.8%.
Sold Prices
16, New Forge Place, St. Albans last changed hands on 17th December 2007, selling for £185,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 58.9% since December 2007.
- Sold Dec 2007£185,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 920 metres of 16, New Forge Place, St. Albans across the last 2 years.
Most recently, 45, Tassell Hall, St. Albans, AL3 7JD, a leasehold flat, sold at £255,000 on the 24th January 2025.
Read more about house prices in AL3.
- Sold Jan 2025£255,000 | 2 Bed Flat45, Tassell Hall, St. Albans, AL3 7JD45, Tassell Hall, St. Albans, AL3 7JD
- Sold Oct 2024£285,000 | 2 Bed Flat1, Tingeys Close, St. Albans, AL3 7HE1, Tingeys Close, St. Albans, AL3 7HE
- Sold Feb 2019£260,000 | 2 Bed Flat19, Tingeys Close, St. Albans, AL3 7HE19, Tingeys Close, St. Albans, AL3 7HE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 16, New Forge Place, St. Albans as the 2nd largest and the 3rd most expensive of the 26 addresses on New Forge Place, Redbourn, St. Albans, AL3.
Against the AL3 postcode district average, it is £416k less expensive than the typical property.
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Schools Nearby
- 600mRedbourn Primary School
- 2.9kmRoundwood Primary School
- 3.2kmWood End School
- 2.8kmRoundwood Park School
- 3.9kmSt George's School
- 4.3kmSir John Lawes School
More reading links
Public Transport Nearby
Harpenden station is the nearest stop to 16, New Forge Place, St. Albans at 3.5 kilometres away.
- 3.5kmHarpenden
- 7.1kmSt Albans Abbey
- 7.2kmSt Albans City
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
