According to the public record, 5, Pine Ridge, St. Albans is a modern leasehold apartment and with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Pine Ridge, St. Albans, AL1 is located in the borough of St. Albans within the AL1 postal district.
5, Pine Ridge, St. Albans has 31 entries in the Land Registry database, most recently in May 2015 and a single entry in the EPC database dated February 2015.
We combine this information with that 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 5 Pine Ridge St. Albans as £394,233 and the rental value as £1,628 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 5 Pine Ridge St. Albans has increased by £6,992 (1.8%) and its rental value has increased by £94 per month (5.8%).
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 5, Pine Ridge, St. Albans is in very good condition we estimate a sale value of £413,945 and rental value of £1,710 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,637 and a rental value of £1,514 per month.
According to HM Land Registry, 5, Pine Ridge, St. Albans was last sold on 05 May 2015 for £340,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2015, the market for similar properties has risen 15.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Pine Ridge, St. Albans within a radius of 602m over the last 2 years.
The most recent example is Flat 11, Lansdowne Place, London Road, St. Albans, AL1 1LT, a Leasehold flat which sold for £440,000 in Jan 2023.
Read more about house prices in AL1.
Our network of Estate Agents report 3 lets within a 458m radius of 5, Pine Ridge, St. Albans over the last 2 years.
Most recently 21, Mountbatten Close, St. Albans, AL1 5AX, a Leasehold flat let by Collinson Hall for an undisclosed amount in Jun 2024.
Pine Ridge, St. Albans, AL1 has a total of 18 addresses. According to our analysis of all the public data, 5, Pine Ridge, St. Albans is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £245k less expensive than the average property in AL1.
5, Pine Ridge, St. Albans has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Feb 2015.
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 5, Pine Ridge, St. Albans is St Albans City station which is 1.6 km 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 5, Pine Ridge, St. Albans, 43.6% of property is privately owned outright and 30.7% 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 5, Pine Ridge, St. Albans, 19.8% of residents are recorded as possessing school level qualifications and 55.6% 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 5, Pine Ridge, St. Albans, 3.1% 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 5, Pine Ridge, St. Albans, there are an average of 1.5 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 5, Pine Ridge, St. Albans, the average age was 39.9 and the most common age was 47.
The graph below shows how this compares to This region and the rest of England & Wales