According to the public record, 48A, London Road, St. Albans is a modern apartment and with 1,528 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
London Road, St. Albans, AL1 is located in the borough of St. Albans within the AL1 postal district.
48A, London Road, St. Albans has 21 entries in the Land Registry database, most recently in April 2015 and a single entry in the EPC database dated January 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 48A London Road St. Albans as £604,966 and the rental value as £2,445 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 48A London Road St. Albans has increased by £11,216 (1.9%) and its rental value has increased by £151 per month (6.2%).
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 48A, London Road, St. Albans is in very good condition we estimate a sale value of £635,215 and rental value of £2,567 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £562,619 and a rental value of £2,273 per month.
According to HM Land Registry, 48A, London Road, St. Albans was last sold on 28 Apr 2015 for £485,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2015, the market for similar properties has risen 14.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 42m radius of 48A, London Road, St. Albans over the last 2 years.
The most recent example is Flat 4, Keystone House 60, London Road, St. Albans, AL1 1NG, a Leasehold flat which sold for £380,000 in Jul 2023.
Read more about house prices in AL1.
Our network of Estate Agents report 3 lets within a 347m radius of 48A, London Road, St. Albans over the last 2 years.
Most recently 63A, Lattimore Road, St. Albans, AL1 3XL, a Leasehold flat let by Collinson Hall for an undisclosed amount in Jun 2024.
London Road, St. Albans, AL1 has a total of 493 addresses. According to our analysis of all the public data, 48A, London Road, St. Albans is the 54th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £34k less expensive than the average property in AL1.
48A, London Road, St. Albans has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jan 2015.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 48A, London Road, St. Albans is St Albans City station which is 700 m away.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 48A, London Road, 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
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 48A, London Road, St. Albans, 43.7% of property is privately rented and 31.6% 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 48A, London Road, St. Albans, 13.6% of residents are recorded as possessing school level qualifications and 69.4% 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 48A, London Road, St. Albans, 1.1% 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 48A, London Road, St. Albans, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.