1 The Old Works Black Cut

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

    This flat/maisonette leasehold property on Black Cut last sold in July 2013 for £255,000. Based on price growth in the AL1 district since then, its estimated current value is £370,701 — placing it in the 63rd percentile nationally and the 24th percentile within AL1. The property covers 44 m² (474 sq ft), giving an estimated value of £8,425 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

    £255,000

    Jul 2013

    Estimated Valuation

    £370,701

    Est. £/sq ft

    £783/sq ft

    £8,425/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

    18 Jul 2013

    £255,000

    18 Feb 2011

    £228,000

    7 Jul 2006

    £202,000

    1 Feb 2002

    New build

    £152,000

    Key Metrics

    Estimated valuation£370,701
    Value per sq ft / m²£783/sq ft (£8,425/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    AL1 district percentile24th percentile
    National percentile63rd 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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