According to the public record, 5, Vernon Close, St. Albans is a early-century apartment with 467 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Vernon Close, St. Albans, AL1 is located in the borough of St. Albans within the AL1 postal district.
5, Vernon Close, St. Albans has no records in the Land Registry database and a single entry in the EPC database dated January 2010.
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 5 Vernon Close St. Albans as £306,989 and the rental value as £1,649 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 5 Vernon Close St. Albans has increased by £5,043 (1.6%) and its rental value has increased by £98 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, Vernon Close, St. Albans is in very good condition we estimate a sale value of £322,338 and rental value of £1,731 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £285,500 and a rental value of £1,533 per month.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 5, Vernon Close, St. Albans within a radius of 40m over the last 2 years.
The most recent example is 17, Vernon Close, St. Albans, AL1 1PB, a Leasehold flat which sold for £246,000 in Dec 2022.
Read more about house prices in AL1.
Our network of Estate Agents report 3 lets within a 335m radius of 5, Vernon Close, St. Albans over the last 2 years.
Most recently 5, Westbourne Mews, St. Albans, AL1 1LS, a Leasehold flat let by Collinson Hall for an undisclosed amount in Jun 2024.
Vernon Close, St. Albans, AL1 has a total of 24 addresses. According to our analysis of all the public data, 5, Vernon Close, St. Albans is the 7th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £332k less expensive than the average property in AL1.
5, Vernon Close, St. Albans has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jan 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using room heaters.
The closest station to 5, Vernon Close, St. Albans is St Albans City station which is 600 m away.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5, Vernon Close, 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, 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 5, Vernon Close, St. Albans, 38.6% of property is privately rented and 33.5% 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 5, Vernon Close, St. Albans, 9.3% of residents are recorded as possessing school level qualifications and 67.4% 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, Vernon Close, St. Albans, 0.0% 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 5, Vernon Close, 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.