Flat 2, Monument Place, 2, Ashwell Street, St Albans, Hertfordshire, AL3 5LB See map
Flat 2 Monument Place 2 Ashwell Street is a 400-square-foot [1] flat with an estimated price today of £305,000.
Since the property was last sold in October 2021 for £308,000, its value has fallen by £3,000 or 1%.
House Price Trends
Sold house prices and house price trends over time
Property Details
Flat features, location, and investment performance
Flat 2 Monument Place 2 Ashwell Street is a flat with a leasehold tenure. A 2016 survey recorded the property as having 400 square feet of floor space and an expected layout of 1 bedroom and 1 reception room. The property was built in 1900-1929.
The property has been a good investment for its owners. Since its first recorded sale, the flat's price has risen 14% per year on average, and in the last year, it has fallen 2%.
Flat 2, Monument Place, 2, Ashwell Street, St Albans, Hertfordshire AL3 5LB
Sold House Prices
Timeline of sold house prices and cost per square foot
Since Flat 2 Monument Place 2 Ashwell Street's first recorded sale in 1997, the flat's price has risen by £239,500 or 14% per year.
During the same period, the price of an average home on Ashwell Street increased by £550,000 or 18% per year, and the average UK home increased by 15% per year.
- Current valuation£305,000
Flat leasehold, £763 per square foot
- 1% - Sold October 2021£308,000
Flat leasehold, £770 per square foot
+ 6% - Sold June 2016£290,000
Flat leasehold, £725 per square foot
+ 343% - Sold January 1997£65,500
Flat leasehold new-build, £164 per square foot
House Price Comparison
Comparison of local and national house prices
House Prices in Ashwell Street start at £305,000 for the cheapest property on the street, rising to £1,115,000 for the most expensive.
Flat 2 Monument Place 2 Ashwell Street is worth 54% less than the £667,000 average property on Ashwell Street and 3% more than the £296,000 UK average home.
Compare Average Flat Prices in England and Wales
Energy Efficiency
Energy usage and efficiency compared to the average flat in England and Wales. Figures from a 2016 survey
Recently sold on Ashwell Street
View allValuation details
Property valuation details and commonly asked questions
- Is the Flat 2 Monument Place 2 Ashwell Street valuation rising or falling?
- Can I afford to buy Flat 2 Monument Place 2 Ashwell Street?
- How is the Flat 2 Monument Place 2 Ashwell Street investment score calculated?
- How does the size of Flat 2 Monument Place 2 Ashwell Street compare?
- How is the Flat 2 Monument Place 2 Ashwell Street valuation estimated?
- Where are the figures sourced?
- What if the details are incorrect?
Is the Flat 2 Monument Place 2 Ashwell Street valuation rising or falling?
The Flat 2 Monument Place 2 Ashwell Street valuation estimate has fallen in the past year, decreasing by 2% or £5,306.
Can I afford to buy Flat 2 Monument Place 2 Ashwell Street?
What property you can afford will depend on your financial situation and estimates of how much you can afford to borrow for a mortgage. Mortgage lenders use different rules to calculate how much you can borrow and what interest you will pay.
For example, if a mortgage lender allowed you to borrow 4.5x income and you could afford a 30% deposit of £91,500, then your annual income would need to be at least £47,444 to meet Flat 2 Monument Place 2 Ashwell Street's current valuation of £305,000.
How is the Flat 2 Monument Place 2 Ashwell Street investment score calculated?
The investment score measures historic short-term and long-term house price trends.
Properties with high long-term and short-term returns will have the highest scores. Equally, properties with negative returns will have a lower score.
Past performance, however, does not guarantee future returns, and price rises may have been due to extensions or other improvements to the property.
How does the size of Flat 2 Monument Place 2 Ashwell Street compare?
The flat has 400 sq ft of internal floor area, which is 58% smaller than the 950-square-foot average UK home.
How is the Flat 2 Monument Place 2 Ashwell Street valuation estimated?
A house or flat valuation is estimated using sold prices and house price trends of similar properties in the area.
Each valuation uses our Repeat Sales House Price Index, which tracks price trends in large areas such as cities or towns. We use the index and local price trends (e.g. price increases in a street or postcode) to estimate property value.
The value estimates are most accurate when a property has sold recently and when there are similar properties nearby.
A valuation can, in some cases, be inaccurate. For example, if there have been significant changes to a property since it was last sold (e.g. an extension).
We try to make the valuations as accurate as possible, but they are estimates. When buying or selling property, you should speak to a qualified professional.
Where are the figures sourced?
Sold house prices and property types/tenures are from HM Land Registry.
There is a time delay in property sales appearing in HM Land Registry, which can be up to three months.
[1] Other property details, such as energy efficiency, are estimates from a 2016 property survey.
What if the details are incorrect?
We generate all our property valuations programmatically. They cannot be manually edited based on new information, such as evidence of redevelopment.
If sold property prices or property types are incorrect, you should verify them with HM Land Registry. You can notify HM Land Registry of any errors.
If any other property details are incorrect or out-of-date, they will update automatically when next surveyed.
You can verify property details related to energy efficiency.