According to the public record, 62, Cedarwood Drive, St. Albans is a mid-century leasehold apartment and with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Cedarwood Drive, St. Albans, AL4 is located in the borough of St. Albans within the AL4 postal district.
62, Cedarwood Drive, St. Albans has 41 entries in the Land Registry database, most recently in October 2015 and 2 entries in the EPC database, most recently in September 2013.
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 62 Cedarwood Drive St. Albans as £276,845 and the rental value as £1,206 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 62 Cedarwood Drive St. Albans has increased by £2,177 (0.8%) and its rental value has increased by £64 per month (5.3%).
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 62, Cedarwood Drive, St. Albans is in very good condition we estimate a sale value of £290,688 and rental value of £1,267 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,466 and a rental value of £1,122 per month.
According to HM Land Registry, 62, Cedarwood Drive, St. Albans was last sold on 15 Oct 2015 for £257,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2015, the market for similar properties has risen 10.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Cedarwood Drive, St. Albans within a radius of 125m over the last 2 years.
The most recent example is 72, Cedarwood Drive, St. Albans, AL4 0DW, a Leasehold flat which sold for £285,000 in Nov 2023.
Read more about house prices in AL4.
Cedarwood Drive, St. Albans, AL4 has a total of 66 addresses. According to our analysis of all the public data, 62, Cedarwood Drive, St. Albans is the 66th largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £367k less expensive than the average property in AL4.
62, Cedarwood Drive, St. Albans has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Sep 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 62, Cedarwood Drive, St. Albans is St Albans City station which is 2.2 km away.
According to recent data from Ofcom, standard internet is available in this 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 62, Cedarwood Drive, St. Albans, 45.9% of property is privately owned with a mortgage and 33.8% is privately rented.
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 62, Cedarwood Drive, St. Albans, 21.2% of residents are recorded as possessing school level qualifications and 52.5% 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 62, Cedarwood Drive, St. Albans, 1.0% 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 62, Cedarwood Drive, St. Albans, there are an average of 1.2 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 62, Cedarwood Drive, St. Albans, the average age was 37.1 and the most common age was 42.
The graph below shows how this compares to This region and the rest of England & Wales