According to the public record, Flat 1, 15, Verulam Road, St. Albans is a period leasehold apartment and with 1,011 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 15, Verulam Road, St. Albans, AL3.
Verulam Road, St. Albans, AL3 is located in the borough of St. Albans within the AL3 postal district.
Flat 1, 15, Verulam Road, St. Albans has 21 entries in the Land Registry database, most recently in July 2010 and a single entry in the EPC database dated November 2019.
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 Flat 1 15 Verulam Road St. Albans as £434,760 and the rental value as £1,803 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 1 15 Verulam Road St. Albans has increased by £610 (0.1%) and its rental value has increased by £119 per month (6.6%).
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 Flat 1, 15, Verulam Road, St. Albans is in very good condition we estimate a sale value of £456,498 and rental value of £1,893 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £404,327 and a rental value of £1,677 per month.
If you were able to purchase this property for the estimated value of £434,760, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,137 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Flat 1, 15, Verulam Road, St. Albans was last sold on 30 Jul 2010 for £282,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2010, the market for similar properties has risen 47.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 15, Verulam Road, St. Albans within a radius of 330m over the last 2 years.
The most recent example is Flat 3, 15, London Road, St. Albans, AL1 1LA, a Leasehold flat which sold for £515,000 in Mar 2022.
Read more about house prices in AL3.
Our network of Estate Agents report 1 let of a property similar to Flat 1, 15, Verulam Road, St. Albans within a radius of 151m over the last 2 years.
Most recently 11, Britton Avenue, St. Albans, AL3 5EJ, a Leasehold flat let by Collinson Hall for an undisclosed amount in May 2024.
Verulam Road, St. Albans, AL3 has a total of 140 addresses. According to our analysis of all the public data, Flat 1, 15, Verulam Road, St. Albans is the 80th largest and the 91st most expensive property on the street.
When compared to the postcode district it is £210k less expensive than the average property in AL3.
Flat 1, 15, Verulam Road, St. Albans has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Nov 2019.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 1, 15, Verulam Road, St. Albans is St Albans Abbey station which is 800 m away.
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 Flat 1, 15, Verulam Road, St. Albans, 40.5% of property is privately rented and 29.2% 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 Flat 1, 15, Verulam Road, St. Albans, 11.5% of residents are recorded as possessing school level qualifications and 71.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 1, 15, Verulam Road, St. Albans, the average age was 44.3 and the most common age was 42.
The graph below shows how this compares to East of England 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 Flat 1, 15, Verulam Road, St. Albans, 2.2% of property was a second home.
Comparison figures for East of England 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 Flat 1, 15, Verulam Road, St. Albans, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.