According to the public record, 8, Richardson Place, St. Albans is a mid-century leasehold apartment and with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Richardson Place, Colney Heath, St. Albans, AL4 is located in the borough of St. Albans within the AL4 postal district.
8, Richardson Place, St. Albans has 31 entries in the Land Registry database, most recently in January 2023 and a single entry in the EPC database dated August 2022.
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 8 Richardson Place St. Albans as £323,495 and the rental value as £1,479 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 8 Richardson Place St. Albans has increased by £4,061 (1.3%) and its rental value has increased by £82 per month (5.6%).
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 8, Richardson Place, St. Albans is in very good condition we estimate a sale value of £339,669 and rental value of £1,553 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £300,850 and a rental value of £1,375 per month.
According to HM Land Registry, 8, Richardson Place, St. Albans was last sold on 25 Jan 2023 for £331,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2023, the market for similar properties has dropped 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Richardson Place, St. Albans within a radius of 65m over the last 2 years.
The most recent example is 18, Richardson Place, St. Albans, AL4 0NW, a Leasehold flat which sold for £325,000 in May 2023.
Read more about house prices in AL4.
Our network of Estate Agents report 1 let within a 1.8km radius of 8, Richardson Place, St. Albans over the last 2 years.
Most recently 2 The Granary, Hatfield Road, St. Albans, AL4 0HW, a Freehold house let by Imagine for an undisclosed amount in Jun 2018.
Richardson Place, Colney Heath, St. Albans, AL4 has a total of 20 addresses. According to our analysis of all the public data, 8, Richardson Place, St. Albans is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £320k less expensive than the average property in AL4.
8, Richardson Place, St. Albans has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Aug 2022.
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 8, Richardson Place, St. Albans is Welham Green station which is 3.8 km 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 8, Richardson Place, St. Albans, 32.1% of property is privately owned outright and 32.1% 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 8, Richardson Place, St. Albans, 22.9% of residents are recorded as possessing school level qualifications and 30.3% 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 8, Richardson Place, St. Albans, 0.6% 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 8, Richardson Place, St. Albans, there are an average of 1.7 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 8, Richardson Place, St. Albans, the average age was 44.3 and the most common age was 42.
The graph below shows how this compares to This region and the rest of England & Wales