According to the public record, 2, Cottonmill Lane, St. Albans is a early-century house with 699 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cottonmill Lane, St. Albans, AL1 is located in the borough of St. Albans within the AL1 postal district.
2, Cottonmill Lane, St. Albans has no records in the Land Registry database and 2 entries in the EPC database, most recently in September 2021.
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 2 Cottonmill Lane St. Albans as £525,776 and the rental value as £2,131 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 2 Cottonmill Lane St. Albans has increased by £3,335 (0.6%) and its rental value has increased by £103 per month (4.8%).
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 2, Cottonmill Lane, St. Albans is in very good condition we estimate a sale value of £552,065 and rental value of £2,238 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £488,972 and a rental value of £1,982 per month.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2, Cottonmill Lane, St. Albans within a radius of 69m over the last 2 years.
The most recent example is 19, Cottonmill Crescent, St. Albans, AL1 1HW, a Freehold house which sold for £505,000 in Jul 2023.
Read more about house prices in AL1.
Our network of Estate Agents report 3 lets within a 364m radius of 2, Cottonmill Lane, St. Albans 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.
Cottonmill Lane, St. Albans, AL1 has a total of 170 addresses. According to our analysis of all the public data, 2, Cottonmill Lane, St. Albans is the 139th largest and the 112th most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in AL1.
2, Cottonmill Lane, St. Albans has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2, Cottonmill Lane, St. Albans is St Albans Abbey station which is 500 m away.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, 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
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 2, Cottonmill Lane, St. Albans, 35.3% of property is privately owned outright and 27.7% 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 2, Cottonmill Lane, St. Albans, 19.3% of residents are recorded as possessing school level qualifications and 53.2% 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 2, Cottonmill Lane, St. Albans, 1.6% 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 2, Cottonmill Lane, St. Albans, there are an average of 0.9 cars per household.
See below for how this compares to This region and the rest of England & Wales.