According to the public record, Apartment 3, Lipscombe House 2, St. Albans is a modern apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Lipscombe House, Holywell Hill, St. Albans, AL1.
Holywell Hill, St. Albans, AL1 is located in the borough of St. Albans within the AL1 postal district.
Apartment 3, Lipscombe House 2, St. Albans has no records in the Land Registry database and a single entry in the EPC database dated June 2020.
We combine this information with public data 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 Apartment 3 Lipscombe House 2 St. Albans as £366,603 and the rental value as £1,547 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Apartment 3 Lipscombe House 2 St. Albans has increased by £6,278 (1.7%) and its rental value has increased by £90 per month (5.8%).
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 Apartment 3, Lipscombe House 2, St. Albans is in very good condition we estimate a sale value of £384,933 and rental value of £1,624 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £340,941 and a rental value of £1,439 per month.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 3, Lipscombe House 2, St. Albans within a radius of 322m over the last 2 years.
The most recent example is Flat 2, Abbey Chambers 11-13, Verulam Road, St. Albans, AL3 4DA, a Leasehold flat which sold for £320,000 in Nov 2023.
Read more about house prices in AL1.
Our network of Estate Agents report 2 lets of properties similar to Apartment 3, Lipscombe House 2, St. Albans within a radius of 415m over the last 2 years.
Most recently 14 Art School Yard, Victoria Street, St. Albans, AL1 3YS, a Leasehold flat let by Collinson Hall for an undisclosed amount in Apr 2024.
Holywell Hill, St. Albans, AL1 has a total of 138 addresses. According to our analysis of all the public data, Apartment 3, Lipscombe House 2, St. Albans is the 84th largest and the 96th most expensive property on the street.
When compared to the postcode district it is £273k less expensive than the average property in AL1.
Apartment 3, Lipscombe House 2, St. Albans has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Jun 2020.
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 Apartment 3, Lipscombe House 2, St. Albans is St Albans Abbey station which is 700 m away.
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 Apartment 3, Lipscombe House 2, St. Albans, 54.9% of property is privately rented and 24.2% 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 Apartment 3, Lipscombe House 2, St. Albans, 9.9% of residents are recorded as possessing school level qualifications and 66.5% 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 Apartment 3, Lipscombe House 2, St. Albans, 3.8% 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 Apartment 3, Lipscombe House 2, 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.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Apartment 3, Lipscombe House 2, 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