Flat 5, 1
Flat 5, 1
Description & Estimates
Public records show Flat 5, 1, Approach Road, St. Albans to be a modern leasehold apartment with 365 ft2 of internal area.
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.
Our Data Sources
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.
Price Range & Condition
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.
Recent Market Change
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%.
Energy Efficiency
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.
Sold Prices
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.
- Sold Mar 2014£190,000
Similar Properties Sold Nearby
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.
- Sold Mar 2025£235,000 | 1 Bed FlatMaulden Court, Approach RoadFlat 3, Maulden Court, Approach Road, St. Albans, AL1 1SU
- Sold Nov 2023£ Undisclosed | FlatRidgmont Plaza 36, Ridgmont RoadApartment 41, Ridgmont Plaza 36, Ridgmont Road, St. Albans, AL1 3AB
- Sold Apr 2023£255,000 | 1 Bed FlatRidgmont Plaza 36, Ridgmont RoadApartment 23, Ridgmont Plaza 36, Ridgmont Road, St. Albans, AL1 3AB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Properties Let Nearby
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.
Location Comparison
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.
More reading links
Schools Nearby
- 400mSt Peter's School
- 800mSt Alban & St Stephen Catholic Primary School & Nursery
- 1.0kmThe Abbey Church of England Voluntary Aided Primary School, St Albans
- 800mLoreto College
- 1.4kmVerulam School
- 1.6kmThe Marlborough Science Academy
More reading links
Public Transport Nearby
St Albans City station is the nearest stop to Flat 5, 1, Approach Road, St. Albans at 500 metres away.
- 500mSt Albans City
- 900mSt Albans Abbey
- 2.4kmPark Street
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
