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2, Hills Yard Mews, Redbourn, St Albans, Hertfordshire, AL3 7FA See map
2 Hills Yard Mews is a flat with a valuation of £342,000.
Since the property was last sold in January 2021 for £340,000, its value has risen by £2,000.
Valuation Trends
Sold property prices and home valuation trends over time
Learn about how we value property
Property Summary
Flat features, location, and investment performance
2 Hills Yard Mews is a leasehold flat. If the property has typical features for the street, its size would be expected to be between 700 and 830 sq ft, based on the £415 to £487 average cost per sq ft for flats on Hills Yard Mews.
The property was a reasonable investment for its previous owner, who made a £15,000 profit between November 2016 and January 2021.
Investment
2, Hills Yard Mews, Redbourn, St Albans, Hertfordshire AL3 7FA
Sold Prices
Timeline of sold property prices
Since 2 Hills Yard Mews's first recorded sale in 2016, the flat's price has risen by £17,000 or 1% per year.
During the same period, the price of an average home on Hills Yard Mews stayed the same, and the average UK home increased by 5% per year.
- Current valuation£342,000
Flat leasehold
+ 1% - Sold January 2021£340,000
Flat leasehold
+ 5% - Sold November 2016£325,000
Flat leasehold new-build
Valuation Comparison
Comparison of local and national property prices
House Prices in Hills Yard Mews start at £311,000 for the cheapest property on the street, rising to £475,000 for the most expensive.
2 Hills Yard Mews is worth 6% less than the £364,000 average property on Hills Yard Mews and 14% more than the £300,000 average home in England.
Recently sold nearby
View allValuation details
Property valuation details and commonly asked questions
In this section
- How is the property valuation estimated?
- Where are the figures sourced?
- What should I do if the details are incorrect?
How is the property valuation estimated?
Every month, our Automated Valuation Model (AVM) determines property values.
Our AVM collects data from reputable sources, like HM Land Registry, and uses the data to estimate what each property is worth.
In our tests, we have found that the sale price of a property falls within our AVM's confidence range in most cases. However, there are scenarios where the valuations are not accurate. For example, if significant alterations have been made to a property recently or if a property is unique with few comparables.
For more details on the workings of our AVM, including its strengths, limitations, and how it measures up to traditional valuation methods, please refer to our guide 'How We Value Property'.
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 property prices, and data on property types/tenures, are sourced from the HM Land Registry.
There is a time delay in property sales appearing in HM Land Registry, which can be up to three months.
What should I do 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.
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