According to the public record, 48 Serra House, St. Albans is a modern leasehold apartment and with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Serra House, Charrington Place, St. Albans, AL1.
Charrington Place, St. Albans, AL1 is located in the borough of St. Albans within the AL1 postal district.
48 Serra House, St. Albans has 2 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated May 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 48 Serra House St. Albans as £344,326 and the rental value as £1,694 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 48 Serra House St. Albans has increased by £1,568 (0.5%) and its rental value has increased by £81 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 48 Serra House, St. Albans is in very good condition we estimate a sale value of £361,542 and rental value of £1,779 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £320,223 and a rental value of £1,576 per month.
According to HM Land Registry, 48 Serra House, St. Albans was last sold on 12 Jul 2023 for £400,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2023, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48 Serra House, St. Albans within a radius of 127m over the last 2 years.
The most recent example is Flat 70, Ziggurat House 25, Grosvenor Road, St. Albans, AL1 3UP, a Leasehold flat which sold for £325,000 in Mar 2023.
Read more about house prices in AL1.
Our network of Estate Agents report 1 let of a property similar to 48 Serra House, St. Albans within a radius of 0m over the last 2 years.
Most recently 20 Serra House, Charrington Place, St. Albans, AL1 3FU, a Leasehold flat let by Collinson Hall for an undisclosed amount in Jun 2023.
Charrington Place, St. Albans, AL1 has a total of 411 addresses. According to our analysis of all the public data, 48 Serra House, St. Albans is the 226th largest and the 167th most expensive property on the street.
When compared to the postcode district it is £295k less expensive than the average property in AL1.
48 Serra House, St. Albans has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 May 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric boiler and radiators.
The closest station to 48 Serra House, St. Albans is St Albans City station which is 500 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 Serra House, St. Albans, 37.9% of property is privately owned outright and 31.6% 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 48 Serra House, St. Albans, 20.4% of residents are recorded as possessing school level qualifications and 58.1% 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 Serra House, St. Albans, 2.2% 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 Serra House, St. Albans, there are an average of 0.8 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 Serra House, St. Albans, the average age was 36.7 and the most common age was 32.
The graph below shows how this compares to This region and the rest of England & Wales