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According to the public record, Flat 1, 240, London Road, St. Albans is a period apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is within 240, London Road, St. Albans, AL1.
London Road, 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 Flat 1 240 London Road St. Albans as £321,879 and the rental value as £1,550 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 1 240 London Road St. Albans has increased by an estimated £15,436 (4.8%) and its rental value has increased by an estimated £76 per month (4.9%).
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 Flat 1, 240, London Road, St. Albans is in very good condition we estimate a sale value of £337,972 and a rental value of £1,628 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £299,347 and a rental value of £1,442 per month.
Flat 1, 240, London Road, St. Albans has no records in the Land Registry database and a single entry in the EPC database dated January 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 £321,879, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,582 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 Flat 1, 240, London Road, St. Albans within a radius of 690 metres over the last 2 years.
The most recent example is 85A, Abbots Park, St. Albans, AL1 1TN, a leasehold flat which sold for £520,000 on the 7th October 2022.
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 1 let of a property similar to Flat 1, 240, London Road, St. Albans within a radius of 690 metres over the last 2 years.
Most recently 14 Roma House, Charrington Place, St. Albans, AL1 3NX, a leasehold flat which let in November 2020.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, St. Albans, AL1 has a total of 483 addresses. According to our analysis of all the public data, Flat 1, 240, London Road, St. Albans is the 196th largest and the 381st most expensive property on the street.
When compared to the postcode district it is £348k less expensive than the average property in AL1.
Flat 1, 240, London Road, St. Albans has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jan 2019.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 1, 240, London Road, St. Albans is St Albans City 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 Flat 1, 240, London Road, St. Albans, 37.7% of property is privately owned outright and 32.6% 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 Flat 1, 240, London Road, St. Albans, 14.1% of residents are recorded as possessing school level qualifications and 61.0% 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 Flat 1, 240, London Road, St. Albans, the average age was 39.9 and the most common age was 47.
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 Flat 1, 240, London Road, St. Albans, 0.7% 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 Flat 1, 240, London Road, 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.
