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In this area, apartments of this size normally have 1 bedroom.
Flat 5, 1, Approach Road, St. Albans has an estimated sale value of £264,856 and an estimated rental value of £1,141 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, Approach Road, St. Albans, AL1.
Approach Road, St. Albans, AL1 lies in the borough of St. Albans, within the AL1 postal district.
Flat 5, 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 April 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.
In very good condition, we estimate Flat 5, 1, Approach Road, St. Albans would be worth £278,098, with a potential rental value of £1,198 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £246,316, with a rental value of £1,061 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 5, 1, Approach Road, St. Albans has increased by £1,664 (0.6%) over the last year. During the same period, its estimated monthly rental value has grown by £47 (4.1%). The property's estimated gross yield is currently 5.2%.
Flat 5, 1, Approach Road, St. Albans has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Apr 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
Flat 5, 1, Approach Road, St. Albans last changed hands on 26th March 2014, selling for £190,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 17.0% since March 2014.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of Flat 5, 1, Approach Road, St. Albans across the last 2 years.
Most recently, Flat 3, Maulden Court, Approach Road, St. Albans, AL1 1SU, a leasehold flat, sold at £235,000 on the 21st March 2025.
Read more about house prices in AL1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Agents in our network have reported 3 lettings within 420 metres of Flat 5, 1, Approach Road, St. Albans across the last 2 years.
The newest of these is 154C, London Road, St. Albans, AL1 1PQ, a leasehold flat let by Collinson Hall in April 2025.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 5, 1, Approach Road, St. Albans as the 21st largest and the 20th most expensive of the 25 addresses on Approach Road, St. Albans, AL1.
Against the AL1 postcode district average, it is £383k less expensive than the typical property.
St Albans City station is the nearest stop to Flat 5, 1, Approach Road, St. Albans at 500 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, 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 5, 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 5, 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 5, 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 5, 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.