According to the public record, 1, Merchant House 160-162, St. Albans is a modern apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Merchant House, London Road, St. Albans, AL1.
London Road, St. Albans, AL1 is located in the borough of St. Albans within the AL1 postal district.
1, Merchant House 160-162, St. Albans has no records in the Land Registry database and a single entry in the EPC database dated May 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Merchant House 160-162 St. Albans as £400,021 and the rental value as £1,406 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 1 Merchant House 160-162 St. Albans has increased by £6,230 (1.6%) and its rental value has increased by £82 per month (5.9%).
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 1, Merchant House 160-162, St. Albans is in very good condition we estimate a sale value of £420,022 and rental value of £1,476 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,020 and a rental value of £1,308 per month.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Merchant House 160-162, St. Albans within a radius of 264m over the last 2 years.
The most recent example is Flat 9, Henley House 34A, Lattimore Road, St. Albans, AL1 3XW, a Leasehold flat which sold for £405,000 in Sep 2023.
Read more about house prices in AL1.
Our network of Estate Agents report 2 lets of properties similar to 1, Merchant House 160-162, St. Albans within a radius of 276m over the last 2 years.
Most recently 41, Milliners Court, St. Albans, AL1 3XT, a Leasehold flat let by Collinson Hall for an undisclosed amount in Mar 2024.
London Road, St. Albans, AL1 has a total of 493 addresses. According to our analysis of all the public data, 1, Merchant House 160-162, St. Albans is the 309th largest and the 284th most expensive property on the street.
When compared to the postcode district it is £239k less expensive than the average property in AL1.
1, Merchant House 160-162, St. Albans has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 May 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 1, Merchant House 160-162, St. Albans is St Albans City station which is 500 m 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 1, Merchant House 160-162, St. Albans, 44.9% of property is privately owned with a mortgage and 37.0% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
According to recent data from Ofcom, standard internet is available in this area.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Merchant House 160-162, St. Albans, 11.2% of residents are recorded as possessing school level qualifications and 69.6% 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 1, Merchant House 160-162, St. Albans, the average age was 36.7 and the most common age was 32.
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 1, Merchant House 160-162, St. Albans, 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 1, Merchant House 160-162, St. Albans, there are an average of 1.0 cars per household.
See below for how this compares to This region and the rest of England & Wales.