According to the public record, 1B, Cottonmill Lane, St. Albans is a modern house with 645 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Cottonmill Lane, St. Albans, AL1 is located in the borough of St. Albans within the AL1 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1B Cottonmill Lane St. Albans as £593,825 and the rental value as £2,233 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 1B Cottonmill Lane St. Albans has increased by an estimated £43,411 (7.3%) and its rental value has increased by an estimated £167 per month (7.5%).
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 1B, Cottonmill Lane, St. Albans is in very good condition we estimate a sale value of £623,516 and a rental value of £2,345 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £552,257 and a rental value of £2,077 per month.
1B, Cottonmill Lane, St. Albans has no records in the Land Registry database and a single entry in the EPC database dated February 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
If you were able to purchase this property for the estimated value of £593,825, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,918 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1B, Cottonmill Lane, St. Albans within a radius of 400 metres over the last 2 years.
The most recent example is 42, Old London Road, St. Albans, AL1 1TZ, a freehold house which sold for £480,000 on the 12th July 2024.
Read more about house prices in AL1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 400 metres radius of 1B, Cottonmill Lane, St. Albans over the last 2 years.
Most recently 13B, Alma Road, St. Albans, AL1 3AR, a leasehold flat let by Collinson Hall in June 2024.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cottonmill Lane, St. Albans, AL1 has a total of 170 addresses. According to our analysis of all the public data, 1B, Cottonmill Lane, St. Albans is the 146th largest and the 91st most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in AL1.
1B, Cottonmill Lane, St. Albans has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Feb 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1B, Cottonmill Lane, St. Albans is St Albans Abbey station which is 500 metres away.
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 1B, Cottonmill Lane, St. Albans, 38.8% of property is privately rented and 25.6% is socially 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 1B, Cottonmill Lane, St. Albans, 16.5% of residents are recorded as possessing school level qualifications and 50.5% 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 1B, Cottonmill Lane, St. Albans, the average age was 37.2 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 1B, Cottonmill Lane, St. Albans, 0.0% 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 1B, Cottonmill Lane, St. Albans, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.