According to the public record, Flat 5, The Old Hat Factory, St. Albans is a modern leasehold apartment and with 979 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in The Old Hat Factory, Inkerman Road, St. Albans, AL1.
Inkerman Road, St. Albans, AL1 is located in the borough of St. Albans within the AL1 postal district.
Flat 5, The Old Hat Factory, St. Albans has 3 entries in the Land Registry database, most recently in March 2023 and a single entry in the EPC database dated November 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 5 The Old Hat Factory St. Albans as £546,449 and the rental value as £2,058 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of Flat 5 The Old Hat Factory St. Albans has increased by £4,147 (0.8%) and its rental value has increased by £128 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 Flat 5, The Old Hat Factory, St. Albans is in very good condition we estimate a sale value of £573,771 and rental value of £2,161 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £508,197 and a rental value of £1,914 per month.
According to HM Land Registry, Flat 5, The Old Hat Factory, St. Albans was last sold on 22 Mar 2023 for £580,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2023, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, The Old Hat Factory, St. Albans within a radius of 296m over the last 2 years.
The most recent example is 61, Milliners Court, St. Albans, AL1 3XT, a Leasehold flat which sold for £500,000 in Aug 2023.
Read more about house prices in AL1.
Our network of Estate Agents report 3 lets within a 295m radius of Flat 5, The Old Hat Factory, St. Albans over the last 2 years.
Most recently Flat 1, 12, Old London Road, St. Albans, AL1 1QQ, a Leasehold flat let by Collinson Hall for an undisclosed amount in Mar 2024.
Inkerman Road, St. Albans, AL1 has a total of 60 addresses. According to our analysis of all the public data, Flat 5, The Old Hat Factory, St. Albans is the 16th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in AL1.
Flat 5, The Old Hat Factory, St. Albans has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Nov 2018.
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 Flat 5, The Old Hat Factory, St. Albans is St Albans City station which is 400 m away.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 5, The Old Hat Factory, 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 Flat 5, The Old Hat Factory, St. Albans, 44.9% of property is privately owned with a mortgage and 37.0% 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 Flat 5, The Old Hat Factory, St. Albans, 11.2% of residents are recorded as possessing school level qualifications and 69.6% 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 Flat 5, The Old Hat Factory, St. Albans, 0.9% 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 Flat 5, The Old Hat Factory, 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.