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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Flat 3, 1, Approach Road, St. Albans is recorded publicly as a modern leasehold apartment across 365 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 3, 1, Approach Road, St. Albans is £264,856 and its rental estimate is £1,141 per month, given the available information and assuming reasonable condition.
1, Approach Road is a residential building on Approach Road, St. Albans, AL1 and falls within the AL1 postal district and the borough of St. Albans.
Flat 3, 1, Approach Road, St. Albans has a single entry in the Land Registry from March 2014 and a single entry in the EPC database dated November 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 3, 1, Approach Road, St. Albans, we estimate a market value of £278,098 and a rental value of £1,198 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £246,316 and £1,061 per month respectively.
Over the last year, Flat 3, 1, Approach Road, St. Albans has seen its estimated sale value grow by £1,664 (0.6%) and its estimated rental value climb by £47 per month (4.1%). This results in an estimated gross rental yield of 5.2%.
Flat 3, 1, Approach Road, St. Albans has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Nov 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 3, 1, Approach Road, St. Albans completed on 26th March 2014 at £215,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 17.0% over the period since March 2014.
Over the past 2 years 3 properties similar to Flat 3, 1, Approach Road, St. Albans have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st March 2025, was Flat 3, Maulden Court, Approach Road, St. Albans, AL1 1SU, a leasehold flat which sold for £235,000.
Read more about house prices in AL1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Over the past 2 years our Estate Agent network has recorded 3 lets within 420 metres of Flat 3, 1, Approach Road, St. Albans.
The latest, in April 2025, was 154C, London Road, St. Albans, AL1 1PQ, a leasehold flat let by Collinson Hall.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 25 addresses on Approach Road, St. Albans, AL1, Flat 3, 1, Approach Road, St. Albans comes out as the 22nd largest and the 21st most expensive in our analysis of the public data.
It is also £383k less expensive than the average property across the AL1 district.
From Flat 3, 1, Approach Road, St. Albans, the nearest station is St Albans City, 500 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, 1, Approach Road, St. Albans, 45.8% of property is privately owned with a mortgage and 28.2% is privately owned outright.
The graph below shows how this compares to East of England 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 3, 1, Approach Road, St. Albans, 23.8% of residents are recorded as possessing school level qualifications and 69.1% as possessing degree level qualifications.
The graph below shows 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 Flat 3, 1, Approach Road, 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 Flat 3, 1, Approach Road, 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 Flat 3, 1, Approach 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.
