23, New Forge Place
23, New Forge Place
Description & Estimates
23, New Forge Place, St. Albans is recorded publicly as a modern leasehold apartment across 473 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 23, New Forge Place, St. Albans is £194,131 and its rental estimate is £1,015 per month, given the available information and assuming reasonable condition.
New Forge Place, Redbourn, St. Albans, AL3 falls within the AL3 postal district, in the borough of St. Albans.
Our Data Sources
23, New Forge Place, St. Albans has 31 entries in the Land Registry , most recently in December 2011 and a single entry in the EPC database dated April 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 23, New Forge Place, St. Albans, we estimate a market value of £203,838 and a rental value of £1,065 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £180,542 and £944 per month respectively.
Recent Market Change
Over the last year, 23, New Forge Place, St. Albans has seen its estimated sale value grow by £259 (0.1%) and its estimated rental value climb by £38 per month (3.8%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
23, New Forge Place, St. Albans has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Apr 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 23, New Forge Place, St. Albans completed on 7th December 2011 at £148,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 61.7% over the period since December 2011.
- Sold Dec 2011£148,000
- Sold Sep 1999£59,950
- Sold Sep 1996£51,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 23, New Forge Place, St. Albans have sold within a radius of 930 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th March 2025, was 15, New Forge Place, St. Albans, AL3 7NY, a leasehold flat which sold for £197,500.
Read more about house prices in AL3.
- Sold Mar 2025£197,500 | 2 Bed Flat15, New Forge Place, St. Albans, AL3 7NY15, New Forge Place, St. Albans, AL3 7NY
- Sold Apr 2023£195,000 | 2 Bed Flat19, New Forge Place, St. Albans, AL3 7NY19, New Forge Place, St. Albans, AL3 7NY
- Sold Jul 2020£205,000 | 2 Bed Flat6, New Forge Place, St. Albans, AL3 7NY6, New Forge Place, St. Albans, AL3 7NY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 26 addresses on New Forge Place, Redbourn, St. Albans, AL3, 23, New Forge Place, St. Albans comes out as the 25th largest and the 25th most expensive in our analysis of the public data.
It is also £487k less expensive than the average property across the AL3 district.
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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
From 23, New Forge Place, St. Albans, the nearest station is Harpenden, 3.5 kilometres away.
- 3.5kmHarpenden
- 7.1kmSt Albans Abbey
- 7.2kmSt Albans City
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
