According to the public record, 115, Cottonmill Lane, St. Albans is a leasehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 746 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Cottonmill Lane, St. Albans, AL1 is located in the borough of St. Albans within the AL1 postal district.
115, Cottonmill Lane, St. Albans has a single entry in the Land Registry database from July 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 115 Cottonmill Lane St. Albans as £505,043 and the rental value as £2,032 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 115 Cottonmill Lane St. Albans has increased by £2,026 (0.4%) and its rental value has increased by £119 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 115, Cottonmill Lane, St. Albans is in very good condition we estimate a sale value of £530,295 and rental value of £2,134 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £469,690 and a rental value of £1,890 per month.
According to HM Land Registry, 115, Cottonmill Lane, St. Albans was last sold on 25 Jul 2008 for £249,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2008, the market for similar properties has risen 97.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 115, Cottonmill Lane, St. Albans within a radius of 626m over the last 2 years.
The most recent example is 67, Maynard Drive, St. Albans, AL1 2JX, a Freehold house which sold for £425,000 in Nov 2023.
Read more about house prices in AL1.
Our network of Estate Agents report 1 let within a 95m radius of 115, Cottonmill Lane, St. Albans over the last 2 years.
Most recently 43, Berners Drive, St. Albans, AL1 2HZ, a Freehold house let by Imagine for an undisclosed amount in May 2018.
Cottonmill Lane, St. Albans, AL1 has a total of 170 addresses. According to our analysis of all the public data, 115, Cottonmill Lane, St. Albans is the 128th largest and the 129th most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in AL1.
The closest station to 115, Cottonmill Lane, St. Albans is St Albans Abbey station which is 900 m away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
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 115, Cottonmill Lane, St. Albans, 43.0% of property is privately owned with a mortgage and 26.3% is socially rented.
The graph below shows how this compares to Greater London 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 115, Cottonmill Lane, St. Albans, 24.2% of residents are recorded as possessing school level qualifications and 46.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London 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 115, Cottonmill Lane, St. Albans, 0.0% 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 115, Cottonmill Lane, St. Albans, there are an average of 1.4 cars per household.
See below for how this compares to This region and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 115, Cottonmill Lane, St. Albans, the average age was 37.2 and the most common age was 42.
The graph below shows how this compares to This region and the rest of England & Wales