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According to the public record, 3, Park Close, St. Albans is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Park Close, St. Albans is £206,493 and the estimated rental value is £1,047 per month.
The apartment is within 3, Park Close, Markyate, St. Albans, AL3.
Park Close, Markyate, St. Albans, AL3 is located in the borough of Dacorum within the AL3 postal district.
3, Park Close, St. Albans has a single entry in the Land Registry from August 2015 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 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, Park Close, St. Albans is in very good condition we estimate a sale value of £216,818 and a rental value of £1,099 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £192,039 and a rental value of £974 per month.
Over the last 12 months the sale value of 3 Park Close St. Albans has increased by an estimated £276 (0.1%) and its rental value has increased by an estimated £39 per month (3.8%), giving an expected gross yield of 6.1%.
According to HM Land Registry, 3, Park Close, St. Albans was last sold on 5th August 2015 for £164,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2015, the market for similar properties has risen 80.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Park Close, St. Albans within a radius of 2.6 kilometres over the last 2 years.
The most recent example is 5, Blacksmiths Row, St. Albans, AL3 8NZ, a leasehold flat which sold for £205,000 on the 12th August 2024.
Read more about house prices in AL3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 2.6 kilometres radius of 3, Park Close, St. Albans over the last 2 years.
Most recently 132, High Street, St. Albans, AL3 8JZ, a freehold house let by Collinson Hall in July 2023.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Close, Markyate, St. Albans, AL3 has a total of 18 addresses. According to our analysis of all the public data, 3, Park Close, St. Albans is the 11th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £475k less expensive than the average property in AL3.
The closest station to 3, Park Close, St. Albans is Luton station which is 6.5 kilometres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, Park Close, St. Albans, 51.1% of property is socially rented and 28.2% is privately owned with a mortgage.
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, Park Close, St. Albans, 18.3% of residents are recorded as possessing school level qualifications and 26.7% 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, Park Close, St. Albans, the average age was 41.5 and the most common age was 52.
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, Park Close, 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, Park Close, St. Albans, 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.
