According to the public record, 2, Pearces Walk, St. Albans is a modern apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Pearces Walk, St. Albans, AL1 is located in the borough of St. Albans within the AL1 postal district.
2, Pearces Walk, St. Albans has no records in the Land Registry database and a single entry in the EPC database dated October 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Pearces Walk St. Albans as £338,284 and the rental value as £1,382 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 2 Pearces Walk St. Albans has increased by £2,146 (0.6%) and its rental value has increased by £84 per month (6.1%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Pearces Walk, St. Albans is in very good condition we estimate a sale value of £355,198 and rental value of £1,452 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £314,604 and a rental value of £1,286 per month.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Pearces Walk, St. Albans within a radius of 136m over the last 2 years.
The most recent example is 41, Pageant Road, St. Albans, AL1 1NB, a Leasehold flat which sold for £383,000 in Oct 2023.
Read more about house prices in AL1.
Our network of Estate Agents report 2 lets of properties similar to 2, Pearces Walk, St. Albans within a radius of 291m over the last 2 years.
Most recently 14 Art School Yard, Victoria Street, St. Albans, AL1 3YS, a Leasehold flat let by Collinson Hall for an undisclosed amount in Apr 2024.
Pearces Walk, St. Albans, AL1 has a total of 6 addresses. According to our analysis of all the public data, 2, Pearces Walk, St. Albans is the largest and the most expensive property on the street.
When compared to the postcode district it is £303k less expensive than the average property in AL1.
2, Pearces Walk, St. Albans has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2, Pearces Walk, St. Albans is St Albans Abbey station which is 600 m away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Pearces Walk, St. Albans, 43.7% of property is privately rented and 31.6% 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 2, Pearces Walk, St. Albans, 13.6% of residents are recorded as possessing school level qualifications and 69.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London 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 2, Pearces Walk, St. Albans, 1.1% of property was a second home.
Comparison figures for This region 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 2, Pearces Walk, St. Albans, there are an average of 1.0 cars per household.
See below for how this compares to This region and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Pearces Walk, St. Albans, the average age was 36.7 and the most common age was 32.
The graph below shows how this compares to This region and the rest of England & Wales