According to the public record, 16, Wain Close, St. Albans is a modern leasehold apartment and with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Wain Close, St. Albans, AL1 is located in the borough of St. Albans within the AL1 postal district.
16, Wain Close, St. Albans has a single entry in the Land Registry database from December 2021 and 2 entries in the EPC database, most recently in August 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 16 Wain Close St. Albans as £427,554 and the rental value as £1,608 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 16 Wain Close St. Albans has increased by £7,552 (1.8%) and its rental value has increased by £97 per month (6.1%).
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 16, Wain Close, St. Albans is in very good condition we estimate a sale value of £448,932 and rental value of £1,688 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £397,626 and a rental value of £1,495 per month.
According to HM Land Registry, 16, Wain Close, St. Albans was last sold on 15 Dec 2021 for £450,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2021, the market for similar properties has dropped 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Wain Close, St. Albans within a radius of 83m over the last 2 years.
The most recent example is 31, Eleanor House 232, London Road, St. Albans, AL1 1NR, a Leasehold flat which sold for £135,000 in Oct 2023.
Read more about house prices in AL1.
Our network of Estate Agents report 2 lets of properties similar to 16, Wain Close, St. Albans within a radius of 696m over the last 2 years.
Most recently 11 Roma House, Charrington Place, St. Albans, AL1 3NX, a Leasehold flat let by Collinson Hall for an undisclosed amount in Apr 2024.
Wain Close, St. Albans, AL1 has a total of 20 addresses. According to our analysis of all the public data, 16, Wain Close, St. Albans is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £212k less expensive than the average property in AL1.
16, Wain Close, St. Albans has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Aug 2021.
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 16, Wain Close, St. Albans is St Albans City station which is 1.1 km 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 16, Wain Close, St. Albans, 37.7% of property is privately owned outright and 32.6% 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 16, Wain Close, St. Albans, 14.1% of residents are recorded as possessing school level qualifications and 61.0% 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 16, Wain Close, St. Albans, 0.7% 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 16, Wain Close, St. Albans, 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.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 16, Wain Close, St. Albans, 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