According to the public record, 2, Milford Close, St. Albans is a mid-century freehold house with 441 ft2 of internal area and sits on a 144 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Milford Close, Marshalswick, St. Albans, AL4 is located in the borough of St. Albans within the AL4 postal district.
2, Milford Close, St. Albans has 61 entries in the Land Registry database, most recently in May 2023 and a single entry in the EPC database dated August 2013.
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 reasonable condition, we estimate the current sale value for 2 Milford Close St. Albans as £284,308 and the rental value as £1,391 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 2 Milford Close St. Albans has increased by £3,724 (1.3%) and its rental value has increased by £101 per month (7.3%).
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, Milford Close, St. Albans is in very good condition we estimate a sale value of £298,523 and rental value of £1,460 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £264,406 and a rental value of £1,294 per month.
If you were able to purchase this property for the estimated value of £284,308, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,397 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 2, Milford Close, St. Albans sits on a plot of 144m2.
We have plot size data on 11 out of 12 other houses in the postcode and 2, Milford Close, St. Albans sits on the 4th largest plot.
According to HM Land Registry, 2, Milford Close, St. Albans was last sold on 05 May 2023 for £295,000 and was recorded as a freehold house.
The property has had 6 sales since 1995.
Since May 2023, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Milford Close, St. Albans within a radius of 640 metres over the last 2 years.
The most recent example is 37, Harness Way, St. Albans, AL4 9HA, a Freehold house which sold for £247,000 in Dec 2023.
Read more about house prices in AL4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to 2, Milford Close, St. Albans within a radius of 640 metres over the last 2 years.
Most recently 32, Harness Way, St. Albans, AL4 9HA, a Freehold house let by Imagine in Oct 2020.
Milford Close, Marshalswick, St. Albans, AL4 has a total of 28 addresses. According to our analysis of all the public data, 2, Milford Close, St. Albans is the 8th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £359k less expensive than the average property in AL4.
2, Milford Close, St. Albans has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Aug 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 2, Milford Close, St. Albans is St Albans City station which is 2.9 kilometres 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 2, Milford Close, St. Albans, 38.7% of property is privately rented and 30.7% 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, Milford Close, St. Albans, 17.6% of residents are recorded as possessing school level qualifications and 47.5% 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 2, Milford Close, St. Albans, the average age was 40.7 and the most common age was 47.
The graph below shows how this compares to East of England 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, Milford Close, St. Albans, 0.0% of property was a second home.
Comparison figures for East of England 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, Milford Close, St. Albans, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.