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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
241A, Sandpit Lane, St. Albans is recorded publicly as a modern freehold house across 1,808 ft2 of internal area, sitting on a 584 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 241A, Sandpit Lane, St. Albans is £1,108,811 and its rental estimate is £3,354 per month, given the available information and assuming reasonable condition.
Sandpit Lane, St. Albans, AL4 falls within the AL4 postal district, in the borough of St. Albans.
241A, Sandpit Lane, St. Albans has a single entry in the Land Registry from February 2024 and a single entry in the EPC database dated April 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 241A, Sandpit Lane, St. Albans, we estimate a market value of £1,164,251 and a rental value of £3,521 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,031,194 and £3,119 per month respectively.
Over the last year, 241A, Sandpit Lane, St. Albans has seen its estimated sale value grow by £926 (0.1%) and its estimated rental value climb by £139 per month (4.1%). This results in an estimated gross rental yield of 3.6%.
HM Land Registry records the plot of land for 241A, Sandpit Lane, St. Albans as measuring 584 m2.
That makes it the 4th largest plot in the postcode, where all 11 other houses have recorded plot data.
241A, Sandpit Lane, St. Albans has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Apr 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 241A, Sandpit Lane, St. Albans completed on 23rd February 2024 at £892,800 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 1.4% over the period since February 2024.
Over the past 2 years 3 properties similar to 241A, Sandpit Lane, St. Albans have sold within a radius of 710 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th September 2023, was 120, Osprey Drive, St. Albans, AL4 0LU, a freehold house which sold for £1,150,000.
Read more about house prices in AL4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Over the past 2 years our Estate Agent network has recorded 1 let of a property comparable to 241A, Sandpit Lane, St. Albans, all within 710 metres.
The latest, in December 2023, was 5, Middlefield Close, St. Albans, AL4 9RZ, a freehold house let by Collinson Hall.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 84 addresses on Sandpit Lane, St. Albans, AL4, 241A, Sandpit Lane, St. Albans comes out as the 31st largest and the 35th most expensive in our analysis of the public data.
It is also £435k more expensive than the average property across the AL4 district.
From 241A, Sandpit Lane, St. Albans, the nearest station is St Albans City, 2.6 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 241A, Sandpit Lane, St. Albans, 53.3% of property is privately owned with a mortgage and 41.8% is privately owned outright.
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 241A, Sandpit Lane, St. Albans, 26.8% of residents are recorded as possessing school level qualifications and 64.9% 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 241A, Sandpit Lane, St. Albans, the average age was 40.1 and the most common age was 12.
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 241A, Sandpit Lane, St. Albans, 2.3% 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 241A, Sandpit Lane, St. Albans, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
