As updated by Collinson Hall in May 2023, 14 Somerville Court, St. Albans is a modern share of freehold apartment with 752 ft2 of internal area comprising 2 bedrooms with a balcony.
The apartment is in Somerville Court, Newsom Place, St. Albans, AL1.
Newsom Place, St. Albans, AL1 is located in the borough of St. Albans within the AL1 postal district.
Based on both the data supplied by Collinson Hall and the public information available in the area, we estimate the current sale value for 14 Somerville Court St. Albans as £394,284 and the rental value as £1,840 per month giving an expected gross yield of 5.6%.
Collinson Hall described the decorative condition as fair in May 2023.
Over the last 12 months the sale value of 14 Somerville Court St. Albans has decreased by £3,935 (1.0%) and its rental value has increased by £81 per month (4.4%).
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 14 Somerville Court, St. Albans is in very good condition we estimate a sale value of £413,998 and rental value of £1,932 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,684 and a rental value of £1,711 per month.
According to Collinson Hall , 14 Somerville Court, St. Albans was let once since 2021 with the latest being in May 2023 for an undisclosed price.
Since May 2023, the market values of similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14 Somerville Court, St. Albans within a radius of 48m over the last 2 years.
The most recent example is 5 The Apex, Newsom Place, St. Albans, AL1 3EE, a Leasehold flat which sold for £440,000 in Aug 2023.
Read more about house prices in AL1.
Our network of Estate Agents report 2 lets of properties similar to 14 Somerville Court, St. Albans within a radius of 402m over the last 2 years.
Most recently 15, Chime Square, St. Albans, AL3 5JZ, a Leasehold flat let by Collinson Hall for an undisclosed amount in Dec 2023.
Newsom Place, St. Albans, AL1 has a total of 400 addresses. According to our analysis of all the public data, 14 Somerville Court, St. Albans is the 136th largest and the 153rd most expensive property on the street.
When compared to the postcode district it is £247k less expensive than the average property in AL1.
14 Somerville Court, St. Albans has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Apr 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 14 Somerville Court, St. Albans is St Albans City station which is 500 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 14 Somerville Court, St. Albans, 55.1% of property is privately owned outright and 43.3% is privately owned with a mortgage.
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 14 Somerville Court, St. Albans, 24.7% of residents are recorded as possessing school level qualifications and 63.7% 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 14 Somerville Court, St. Albans, 1.1% 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 14 Somerville Court, St. Albans, there are an average of 1.6 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 14 Somerville Court, St. Albans, the average age was 37.1 and the most common age was 32.
The graph below shows how this compares to This region and the rest of England & Wales