Drakes Drive, St. Albans, AL1 is a residential street which is the 351st longest street in the AL1 area.
It contains 185 residential addresses consisting of 147 houses and 38 flats and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £477,501. Sales values have increased in the last 12 months by 0.9% and Rental values have increased by 6.6%.
Property sale values range from £203,134 for a leasehold flat, with 2 bedrooms split across 463 square feet of gross internal area and has no outside space to £907,900 for a freehold house, with 5 bedrooms split across 1,981 square feet of gross internal area and has a garden.
Average £/ft2 for properties in Drakes Drive, St. Albans, AL1 is £519/ft2.
Properties achieve a rental yield of between 3.5% and 5.7%, and rental values range from £961 to £3,016 per month.
The last sale was 03 May 2024 for £540,000 and since then the market in the area as increased by -0.8%. The street has had a total of 4 sales since 1995.
Drakes Drive, St. Albans, AL1 has seen 4 sales in the last three years and 2 sales in the last twelve months.
The last let was 25 Nov 2017 and since then the market in the area as increased by 39%. The street has had a total of 1 lets since 1995.
Drakes Drive, St. Albans, AL1 has seen 0 lets in the last three years and 0 lets in the last twelve months.
Properties achieve a rental yield of between 3.5% and 5.7%.
Drakes Drive, St. Albans, AL1 is the 351st largest and the 127th most expensive street in the AL1 area.
There are 9 postcodes on Drakes Drive, St. Albans, AL1.
Drakes Drive, St. Albans, AL1 is a residential street located in AL1 containing 147 houses and 38 flats.
The most common property type on Drakes Drive, St. Albans, AL1 is a mid-century house built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being E.
The closest station to Drakes Drive, St. Albans, AL1 is St Albans City station which is 1.7 km 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 Drakes Drive, St. Albans, AL1, 62.1% of property is socially rented and 16.7% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Drakes Drive, St. Albans, AL1, 29.8% of residents are recorded as possessing school level qualifications and 25.8% 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 Drakes Drive, St. Albans, AL1, the average age was 39.9 and the most common age was 47.
The graph below shows how this compares to This region 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 Drakes Drive, St. Albans, AL1, 0.9% of property was a second home.
Comparison figures for This region 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 Drakes Drive, St. Albans, AL1, there are an average of 1.1 cars per household.
See below for how this compares to This region and the rest of England & Wales.