Postcode District:
AL4
Postcode District Name:
St. Albans
Location:
The AL4 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Ashley, Colney Heath, Cunningham, Hatfield North, Hatfield West, Hertfordshire, Kimpton, London Colney, Marshalswick, Marshalswick North, Marshalswick South, Oaklands, Sandridge, Shenley, Smallford, St Albans, Tyttenhanger, Welham Green, Wheathampstead.
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Amenities:
Notes:
If you have any comments about AL4 that you would like to share with all visitors to this site, please feel free to post anything in our "Have your say about AL4" section.
A Mouseprice property guide for AL4 St. Albans is coming soon. In the meantime, please have a look at the raw data and statistics about AL4 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commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date.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 AL4 is 10755 homes.
Property in this postcode district (AL4) has been growing at a nominal annual rate of 9% over the last 5 years. This rate can be indicative ofan 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).
Average property prices in this postcode district over the last three months have been approximately £300555.
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 9.7. 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 9.2%.
Housing stock:
If you are specifically looking to buy Semi- Detached Houses, this would be an excellent area for you to explore, with 39% of properties being this type.
Terraced Houses account for the lowest percentage of the housing stock in this district, at only 16.9%.
This is an area with a high proportion of property suitable for families with children.
Socially rented accommodation represents 12.7% of the total rented accommodation in the area.
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 £291679.
Who lives here:
There are 12889 men and 13266 women in this postcode district.
The average age in this area is 37.
This area has a high percentage of married people at 27.3%.
Average working hours in this area for men are 43 and for women are 32.
This area has 4.9 people per square kilometre.
Job prospects in this area are good with low unemployment (1.5%). 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 32.2%.
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