According to the public record, 81, Sopwell Lane, St. Albans is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 1,074 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 81, Sopwell Lane, St. Albans, AL1.
Sopwell Lane, St. Albans, AL1 is located in the borough of St. Albans within the AL1 postal district.
81, Sopwell Lane, St. Albans has 3 entries in the Land Registry database, most recently in October 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 81 Sopwell Lane St. Albans as £458,982 and the rental value as £1,935 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 81 Sopwell Lane St. Albans has increased by £8,510 (1.9%) and its rental value has increased by £119 per month (6.2%).
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 81, Sopwell Lane, St. Albans is in very good condition we estimate a sale value of £481,931 and rental value of £2,032 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £426,854 and a rental value of £1,800 per month.
According to HM Land Registry, 81, Sopwell Lane, St. Albans was last sold on 13 Oct 2022 for £625,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2022, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 81, Sopwell Lane, St. Albans within a radius of 375m over the last 2 years.
The most recent example is Flat 5, The Old Hat Factory, Inkerman Road, St. Albans, AL1 3BB, a Leasehold flat which sold for £580,000 in Mar 2023.
Read more about house prices in AL1.
Our network of Estate Agents report 3 lets within a 371m radius of 81, Sopwell Lane, St. Albans over the last 2 years.
Most recently 14 Art School Yard, Victoria Street, St. Albans, AL1 3YS, a Leasehold flat let by Collinson Hall for an undisclosed amount in Apr 2024.
Sopwell Lane, St. Albans, AL1 has a total of 97 addresses. According to our analysis of all the public data, 81, Sopwell Lane, St. Albans is the 12th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £180k less expensive than the average property in AL1.
The closest station to 81, Sopwell Lane, St. Albans is St Albans Abbey station which is 500 m away.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 81, Sopwell Lane, 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 81, Sopwell Lane, St. Albans, 44.6% of property is privately owned with a mortgage and 29.7% 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 81, Sopwell Lane, St. Albans, 11.0% of residents are recorded as possessing school level qualifications and 73.8% 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 81, Sopwell Lane, St. Albans, 1.1% 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 81, Sopwell Lane, 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.