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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 3 The Old Works, Black Cut, St. Albans is a period leasehold apartment with 972 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3 The Old Works, Black Cut, St. Albans is £463,773 and the estimated rental value is £2,134 per month.
Black Cut, St. Albans, AL1 is located in the borough of St. Albans within the AL1 postal district.
3 The Old Works, Black Cut, St. Albans has 21 entries in the Land Registry , most recently in February 2013 and a single entry in the EPC database dated December 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 3 The Old Works, Black Cut, St. Albans is in very good condition we estimate a sale value of £486,961 and a rental value of £2,240 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £431,309 and a rental value of £1,984 per month.
Over the last 12 months the sale value of 3 The Old Works Black Cut St. Albans has decreased by an estimated £2,693 (0.6%) and its rental value has increased by an estimated £62 per month (2.9%), giving an expected gross yield of 5.5%.
3 The Old Works, Black Cut, St. Albans has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Dec 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3 The Old Works, Black Cut, St. Albans was last sold on 6th February 2013 for £307,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2013, the market for similar properties has risen 51.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 The Old Works, Black Cut, St. Albans within a radius of 370 metres over the last 2 years.
The most recent example is Flat 9, Tollhouse Point 220, London Road, St. Albans, AL1 1NU, a leasehold flat which sold for £435,000 on the 28th March 2025.
Read more about house prices in AL1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets of properties similar to 3 The Old Works, Black Cut, St. Albans within a radius of 370 metres over the last 2 years.
Most recently 13 Priory Court, Old London Road, St. Albans, AL1 1PR, a leasehold flat let by Collinson Hall in August 2024.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Black Cut, St. Albans, AL1 has a total of 4 addresses. According to our analysis of all the public data, 3 The Old Works, Black Cut, St. Albans is the largest and the most expensive property on the street.
When compared to the postcode district it is £184k less expensive than the average property in AL1.
The closest station to 3 The Old Works, Black Cut, St. Albans is St Albans City station which is 500 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 3 The Old Works, Black Cut, St. Albans, 53.7% of property is privately owned with a mortgage and 24.3% is privately owned outright.
The graph below shows how this compares to East of England 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 3 The Old Works, Black Cut, St. Albans, 13.4% of residents are recorded as possessing school level qualifications and 71.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3 The Old Works, Black Cut, St. Albans, the average age was 36.7 and the most common age was 32.
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 3 The Old Works, Black Cut, St. Albans, 0.0% 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 3 The Old Works, Black Cut, St. Albans, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
