As updated by Collinson Hall in January 2024, 7A, Welclose Street, St. Albans is a early-century freehold house with 503 ft2 of internal area and sits on a 220 m2 plot comprising 1 bedroom with a roof terrace.
Based on available information, and assuming reasonable condition, the estimated sale value for 7A, Welclose Street, St. Albans is £503,933 and the estimated rental value is £1,331 per month.
Welclose Street, St. Albans, AL3 is located in the borough of St. Albans within the AL3 postal district.
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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 7A, Welclose Street, St. Albans is in very good condition we estimate a sale value of £529,129 and a rental value of £1,397 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £468,657 and a rental value of £1,238 per month.
Over the last 12 months the sale value of 7A Welclose Street St. Albans has increased by an estimated £14,246 (2.8%) and its rental value has increased by an estimated £66 per month (4.9%), giving an expected gross yield of 3.2%.
According to data from HM Land Registry, 7A, Welclose Street, St. Albans sits on a plot of 220m2.
We have plot size data on 10 out of 13 other houses in the postcode and 7A, Welclose Street, St. Albans sits on the 3rd largest plot.
7A, Welclose Street, St. Albans has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jan 2024.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
According to HM Land Registry, 7A, Welclose Street, St. Albans was last sold on 27th February 2023 for £440,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to Collinson Hall , 7A, Welclose Street, St. Albans was let once since 2021 with the latest being in February 2024 for an undisclosed price.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7A, Welclose Street, St. Albans within a radius of 520 metres over the last 2 years.
The most recent example is 1, Queen Street, St. Albans, AL3 4PJ, a freehold house which sold for £563,000 on the 11th July 2024.
Read more about house prices in AL3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets of properties similar to 7A, Welclose Street, St. Albans within a radius of 520 metres over the last 2 years.
Most recently 30, Orchard Street, St. Albans, AL3 4HL, a freehold house let by Collinson Hall in December 2024.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Welclose Street, St. Albans, AL3 has a total of 21 addresses. According to our analysis of all the public data, 7A, Welclose Street, St. Albans is the 18th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £175k less expensive than the average property in AL3.
If you were able to purchase this property for the estimated value of £503,933, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,477 per month.
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The closest station to 7A, Welclose Street, St. Albans is St Albans Abbey station which is 900 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 7A, Welclose Street, St. Albans, 35.0% of property is privately owned with a mortgage and 31.7% is privately owned outright.
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 7A, Welclose Street, St. Albans, 12.8% of residents are recorded as possessing school level qualifications and 72.8% 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 7A, Welclose Street, St. Albans, the average age was 44.3 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 7A, Welclose Street, 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 7A, Welclose Street, St. Albans, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.