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According to the public record, 2, Vallance Place, Harpenden is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 741 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Vallance Place, Harpenden, AL5 is located in the borough of St. Albans within the AL5 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Vallance Place Harpenden as £544,642 and the rental value as £2,252 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 2 Vallance Place Harpenden has increased by an estimated £20,820 (3.8%) and its rental value has increased by an estimated £140 per month (6.2%).
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, Vallance Place, Harpenden is in very good condition we estimate a sale value of £571,874 and a rental value of £2,365 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £506,517 and a rental value of £2,094 per month.
2, Vallance Place, Harpenden has a single entry in the Land Registry database from October 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.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
If you were able to purchase this property for the estimated value of £544,642, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,677 per month.
We've partnered with a leading mortgage advisor to help you find the best mortgage.
According to HM Land Registry, 2, Vallance Place, Harpenden was last sold on 5th October 2007 for £267,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2007, the market for similar properties has risen 127.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Vallance Place, Harpenden within a radius of 610 metres over the last 2 years.
The most recent example is 9, Vallance Place, Harpenden, AL5 1AX, a freehold house which sold for £475,000 on the 20th October 2023.
Read more about house prices in AL5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vallance Place, Harpenden, AL5 has a total of 15 addresses. According to our analysis of all the public data, 2, Vallance Place, Harpenden is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £419k less expensive than the average property in AL5.
The closest station to 2, Vallance Place, Harpenden is Harpenden station which is 1.2 kilometres away.
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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Vallance Place, Harpenden, 28.8% of property is privately rented and 26.5% 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, Vallance Place, Harpenden, 29.7% of residents are recorded as possessing school level qualifications and 43.5% 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 2, Vallance Place, Harpenden, the average age was 42.1 and the most common age was 47.
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 2, Vallance Place, Harpenden, 1.7% 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 2, Vallance Place, Harpenden, 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.
