According to the public record, 48, Cottonmill Lane, St. Albans is a early-century freehold house and with 688 ft2 of internal area and sits on a 162 m2 plot.
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.
48, Cottonmill Lane, St. Albans has a single entry in the Land Registry database from February 2013 and a single entry in the EPC database dated October 2012.
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 48 Cottonmill Lane St. Albans as £619,568 and the rental value as £2,031 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 48 Cottonmill Lane St. Albans has increased by £2,486 (0.4%) and its rental value has increased by £119 per month (5.9%).
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 48, Cottonmill Lane, St. Albans is in very good condition we estimate a sale value of £650,546 and rental value of £2,132 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £576,198 and a rental value of £1,889 per month.
According to data from HM Land Registry, 48, Cottonmill Lane, St. Albans sits on a plot of 162m2.
We have plot size data on 10 out of 13 other houses in the postcode and 48, Cottonmill Lane, St. Albans sits on the 9th largest plot.
According to HM Land Registry, 48, Cottonmill Lane, St. Albans was last sold on 15 Feb 2013 for £280,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2013, the market for similar properties has risen 62.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Cottonmill Lane, St. Albans within a radius of 209m over the last 2 years.
The most recent example is 5, Boleyn Drive, St. Albans, AL1 2BP, a Freehold house which sold for £763,000 in Aug 2022.
Read more about house prices in AL1.
Our network of Estate Agents report 1 let of a property similar to 48, Cottonmill Lane, St. Albans within a radius of 549m over the last 2 years.
Most recently 13, Lower Paxton Road, St. Albans, AL1 1PG, a Freehold house let by Collinson Hall for an undisclosed amount in Oct 2023.
Cottonmill Lane, St. Albans, AL1 has a total of 170 addresses. According to our analysis of all the public data, 48, Cottonmill Lane, St. Albans is the 140th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in AL1.
48, Cottonmill Lane, St. Albans has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 25 Oct 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 48, Cottonmill Lane, St. Albans is St Albans Abbey station which is 400 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 48, Cottonmill Lane, St. Albans, 48.8% of property is privately owned outright and 39.0% 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 48, Cottonmill Lane, St. Albans, 19.2% of residents are recorded as possessing school level qualifications and 62.0% 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 48, Cottonmill Lane, St. Albans, 1.0% 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 48, Cottonmill Lane, St. Albans, there are an average of 1.3 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 48, 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