According to the public record, Flat 17, The Larches, St. Albans is a modern leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Larches, Milford Close, St. Albans, AL4.
Milford Close, St. Albans, AL4 is located in the borough of St. Albans within the AL4 postal district.
Flat 17, The Larches, St. Albans has 31 entries in the Land Registry database, most recently in April 2010 and a single entry in the EPC database dated March 2018.
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 17 The Larches St. Albans as £286,076 and the rental value as £1,412 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 17 The Larches St. Albans has increased by £2,315 (0.8%) and its rental value has increased by £95 per month (6.8%).
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 17, The Larches, St. Albans is in very good condition we estimate a sale value of £300,380 and rental value of £1,483 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,051 and a rental value of £1,313 per month.
If you were able to purchase this property for the estimated value of £286,076, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,406 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 17, The Larches, St. Albans was last sold on 19 Apr 2010 for £168,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2010, the market for similar properties has risen 53.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 17, The Larches, St. Albans within a radius of 610 metres over the last 2 years.
The most recent example is 41, Harvest Court, St. Albans, AL4 9QY, a Leasehold flat which sold for £270,000 in Feb 2024.
Read more about house prices in AL4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 610 metres radius of Flat 17, The Larches, St. Albans over the last 2 years.
Most recently 5, Middlefield Close, St. Albans, AL4 9RZ, a Freehold house let by Collinson Hall in Dec 2023.
Milford Close, St. Albans, AL4 has a total of 42 addresses. According to our analysis of all the public data, Flat 17, The Larches, St. Albans is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £357k less expensive than the average property in AL4.
Flat 17, The Larches, St. Albans has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Mar 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 17, The Larches, St. Albans is St Albans City station which is 2.9 kilometres 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 17, The Larches, St. Albans, 38.7% of property is privately rented and 30.7% 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 17, The Larches, St. Albans, 17.6% of residents are recorded as possessing school level qualifications and 47.5% 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 17, The Larches, St. Albans, the average age was 40.7 and the most common age was 47.
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 17, The Larches, St. Albans, 0.0% 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 17, The Larches, St. Albans, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.