Postcode District:
AL3
Postcode District Name:
St. Albans
Location:
The AL3 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Ashley, Batchwood, Bedfordshire, Caddington, Hyde and Slip End, Childwickbury, Flamstead, Gorhambury, Harpenden South, Hertfordshire, Markyate, Marshalswick South, Porters Wood, Redbourn, Sandridge, Sandridgebury, St Albans, St Peters, Verulam, Watling, Wheathampstead.
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Amenities:
Notes:
If you have any comments about AL3 that you would like to share with all visitors to this site, please feel free to post anything in our "Have your say about AL3" section.
A Mouseprice property guide for AL3 St. Albans is coming soon. In the meantime, please have a look at the raw data and statistics about AL3 that can be found by click the relevant links on the left hand side.
Old area guide:
The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.
Market trends:
 The size of the property market in AL3 is 10814 homes.
The postcode district AL3 has been experiencing annual growth of 9% over the last 5 years excluding the effect of inflation. This growth rate tends to indicatean area which has invested in improving housing stock, transport links or other local infrastructure. It may also suggest proximity to an area of economic growth such as one of the financial clusters (London, Leeds, Bristol etc.) or strong local presence in growth industries (for example investment in university facilities, attractiveness of an area to IT companies or other knowledge- based organisations).
Over the last 3 months, the average property value for this postcode district has been £326289.
Since most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 10.2. Places like this represent the “well- heeled” districts of each postcode area. Although recently there have been some spectacular price increases in more expensive areas, in general, prices appreciate slowly in more expensive places because there is less demand for more expensive properties, and the turnover of them is slower because they are not commonly used as investment property.
New transactions as a percentage of overall sales are 8.6%.
Housing stock:
If you are specifically looking to buy Semi- Detached Houses, this would be an excellent area for you to explore, with 32% of properties being this type.
The least common type of property in this area is Flats (12.9% of the total housing stock).
Socially rented accommodation represents a significant percentage of the total rented accommodation in the area at 15.1%.
The majority of property in this area is owner occupied.
The average price of a two bed property in this area is higher than the national average of £187894 at £362904.
Who lives here:
Total population in this area is 25960.
The average age in this area is 38.
This area has a high percentage of married people at 27.5%.
Average working hours in this area for men are 43 and for women are 32.
This area has 3.8 people per square kilometre.
Job prospects in this area are good with low unemployment (1.8%). Most jobs are found in the Real Estate and Wholesale & Retail sectors.
This area has one of the highest proportions of degree educated people in the country, at 35.3%.
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