According to the public record, 5, Vernon Close, St. Albans is a early-century apartment with 467 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Vernon Close, St. Albans, AL1 is located in the borough of St. Albans within the AL1 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Vernon Close St. Albans as £320,700 and the rental value as £1,692 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 5 Vernon Close St. Albans has increased by an estimated £15,005 (4.7%) and its rental value has increased by an estimated £82 per month (4.9%).
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, Vernon Close, St. Albans is in very good condition we estimate a sale value of £336,735 and a rental value of £1,776 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £298,251 and a rental value of £1,573 per month.
5, Vernon Close, St. Albans has no records in the Land Registry database and a single entry in the EPC database dated January 2010.
We combine this information with public data of neighbouring properties to estimate the property 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 £320,700, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,576 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Vernon Close, St. Albans within a radius of 370 metres over the last 2 years.
The most recent example is 17, Vernon Close, St. Albans, AL1 1PB, a leasehold flat which sold for £246,000 on the 16th December 2022.
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 1 let of a property similar to 5, Vernon Close, St. Albans within a radius of 370 metres over the last 2 years.
Most recently 15C, Alma Road, St. Albans, AL1 3AR, a leasehold flat let by Collinson Hall in September 2023.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vernon Close, St. Albans, AL1 has a total of 24 addresses. According to our analysis of all the public data, 5, Vernon Close, St. Albans is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £349k less expensive than the average property in AL1.
5, Vernon Close, St. Albans has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jan 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using room heaters.
The closest station to 5, Vernon Close, St. Albans is St Albans City station which is 600 metres 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 5, Vernon Close, St. Albans, 38.6% of property is privately rented and 33.5% 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 5, Vernon Close, St. Albans, 9.3% of residents are recorded as possessing school level qualifications and 67.4% 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 5, Vernon Close, 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 5, Vernon 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 5, Vernon Close, St. Albans, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.