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According to the public record, 6, Cottonmill Lane, St. Albans is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 622 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Cottonmill Lane, 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 6 Cottonmill Lane St. Albans as £497,129 and the rental value as £2,091 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 6 Cottonmill Lane St. Albans has increased by an estimated £20,571 (4.1%) and its rental value has increased by an estimated £135 per month (6.4%).
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 6, Cottonmill Lane, St. Albans is in very good condition we estimate a sale value of £521,986 and a rental value of £2,195 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £462,330 and a rental value of £1,944 per month.
6, Cottonmill Lane, St. Albans has a single entry in the Land Registry database from June 2007 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.
•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 £497,129, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,443 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 HM Land Registry, 6, Cottonmill Lane, St. Albans was last sold on 7th June 2007 for £226,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2007, the market for similar properties has risen 85.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Cottonmill Lane, St. Albans within a radius of 390 metres over the last 2 years.
The most recent example is 42, Watsons Walk, St. Albans, AL1 1PD, a freehold house which sold for £538,800 on the 13th December 2024.
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 3 lets within a 390 metres radius of 6, Cottonmill Lane, St. Albans over the last 2 years.
Most recently 17D, Alma Road, St. Albans, AL1 3AR, a leasehold flat let by Collinson Hall in December 2023.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cottonmill Lane, St. Albans, AL1 has a total of 170 addresses. According to our analysis of all the public data, 6, Cottonmill Lane, St. Albans is the 149th largest and the 140th most expensive property on the street.
When compared to the postcode district it is £162k less expensive than the average property in AL1.
The closest station to 6, Cottonmill Lane, St. Albans is St Albans Abbey station which is 500 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 6, Cottonmill Lane, St. Albans, 35.3% of property is privately owned outright and 27.7% 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 6, Cottonmill Lane, St. Albans, 19.3% of residents are recorded as possessing school level qualifications and 53.2% 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 6, Cottonmill Lane, St. Albans, the average age was 37.2 and the most common age was 42.
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 6, Cottonmill Lane, St. Albans, 1.6% 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 6, Cottonmill Lane, St. Albans, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
