According to the public record, 5, The Old Workshop 152, St. Albans is a modern leasehold apartment and with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Old Workshop, London Road, St. Albans, AL1.
London Road, St. Albans, AL1 is located in the borough of St. Albans within the AL1 postal district.
5, The Old Workshop 152, St. Albans has a single entry in the Land Registry database from February 2021 and a single entry in the EPC database dated July 2020.
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 good condition, we estimate the current sale value for 5 The Old Workshop 152 St. Albans as £404,077 and the rental value as £1,422 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 5 The Old Workshop 152 St. Albans has increased by £6,293 (1.6%) and its rental value has increased by £83 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 5, The Old Workshop 152, St. Albans is in very good condition we estimate a sale value of £424,281 and rental value of £1,494 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £375,792 and a rental value of £1,323 per month.
According to HM Land Registry, 5, The Old Workshop 152, St. Albans was last sold on 12 Feb 2021 for £440,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2021, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, The Old Workshop 152, St. Albans within a radius of 251m over the last 2 years.
The most recent example is Flat 9, Henley House 34A, Lattimore Road, St. Albans, AL1 3XW, a Leasehold flat which sold for £405,000 in Sep 2023.
Read more about house prices in AL1.
Our network of Estate Agents report 2 lets of properties similar to 5, The Old Workshop 152, St. Albans within a radius of 263m 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.
London Road, St. Albans, AL1 has a total of 493 addresses. According to our analysis of all the public data, 5, The Old Workshop 152, St. Albans is the 323rd largest and the 281st most expensive property on the street.
When compared to the postcode district it is £235k less expensive than the average property in AL1.
5, The Old Workshop 152, St. Albans has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Jul 2020.
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 5, The Old Workshop 152, St. Albans is St Albans City station which is 500 m away.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5, The Old Workshop 152, 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
According to recent data from Ofcom, standard internet is available in this area.
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 5, The Old Workshop 152, St. Albans, 44.9% of property is privately owned with a mortgage and 37.0% is privately rented.
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 5, The Old Workshop 152, St. Albans, 11.2% of residents are recorded as possessing school level qualifications and 69.6% 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 5, The Old Workshop 152, St. Albans, 0.9% 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 5, The Old Workshop 152, St. Albans, there are an average of 1.0 cars per household.
See below for how this compares to This region and the rest of England & Wales.