2 The Old Works Black Cut

    2 THE OLD WORKS, BLACK CUT, ST ALBANS, AL1 1PT

    This flat/maisonette leasehold property on Black Cut last sold in March 2025 for £325,000. Based on price growth in the AL1 district since then, its estimated current value is £325,000 — placing it in the 54th percentile nationally and the 17th percentile within AL1. The property covers 44 m² (474 sq ft), giving an estimated value of £7,386 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    474 sq ft

    44 m²

    Last Sale Price

    £325,000

    Mar 2025

    Estimated Valuation

    £325,000

    Est. £/sq ft

    £686/sq ft

    £7,386/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area474 sq ft (44 m²)
    EPC dateApr 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2025

    £325,000

    16 Jan 2015

    £290,000

    28 Mar 2002

    New build

    £144,000

    Key Metrics

    Estimated valuation£325,000
    Value per sq ft / m²£686/sq ft (£7,386/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    AL1 district percentile17th percentile
    National percentile54th percentile

    District Context — AL1

    AL1 covers St Albans and surrounding villages in Hertfordshire, north of London. It is a prosperous commuter area with strong schools and green spaces, appealing to affluent families and professionals.

    Average Property Price - AL1

    £633,281

    91

    National percentile

    Average Net Household Income - AL1

    £56,456

    96

    National percentile

    10-Year Annualised Price Growth - AL1

    3.2%

    36

    National percentile

    10-Year Annualised Rent Growth - AL

    3.9%

    50

    National percentile

    View full analysis for AL1

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