According to the public record, 43, Offas Way, St. Albans is a mid-century house with 505 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Offas Way, Wheathampstead, St. Albans, AL4 is located in the borough of St. Albans within the AL4 postal district.
43, Offas Way, St. Albans has no records in the Land Registry database and a single entry in the EPC database dated November 2020.
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 43 Offas Way St. Albans as £367,954 and the rental value as £1,737 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 43 Offas Way St. Albans has increased by £5,436 (1.5%) and its rental value has increased by £119 per month (6.9%).
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 43, Offas Way, St. Albans is in very good condition we estimate a sale value of £386,352 and rental value of £1,824 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £342,198 and a rental value of £1,615 per month.
If you were able to purchase this property for the estimated value of £367,954, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,808 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Offas Way, St. Albans within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 89, The Hill, St. Albans, AL4 8PR, a Freehold house which sold for £370,000 in Aug 2022.
Read more about house prices in AL4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Offas Way, Wheathampstead, St. Albans, AL4 has a total of 69 addresses. According to our analysis of all the public data, 43, Offas Way, St. Albans is the 68th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £276k less expensive than the average property in AL4.
43, Offas Way, St. Albans has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Nov 2020.
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 43, Offas Way, St. Albans is Harpenden station which is 4.3 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 43, Offas Way, St. Albans, 39.7% of property is socially rented and 27.0% is privately owned outright.
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 43, Offas Way, St. Albans, 21.5% of residents are recorded as possessing school level qualifications and 32.1% 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 43, Offas Way, St. Albans, the average age was 42.3 and the most common age was 12.
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 43, Offas Way, St. Albans, 0.6% 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 43, Offas Way, St. Albans, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.