Ferrers Hill Farm, Pipers Lane, Markyate, St. Albans, AL3
SA

Ferrers Hill Farm, Pipers Lane, Markyate, St. Albans, AL3

By Savills

£ 1,400,000

Reviews

4 out of 5 stars

Savills says ..

Superior barn conversion in semi rural courtyard development

Property Oracle says ..

Location: Markyate is a desirable village in Hertfordshire, offering a peaceful yet convenient location. The proximity to good schools like Markyate Village School and Nursery (1.44km) is a significant advantage for families. While the distance to Luton and other transport links might seem considerable (6.20km to Leagrave station), this is typical for a village setting. The overall location score reflects the balance of village life and accessibility.

Condition: The property appears to be in excellent condition. The images showcase a recently renovated or well-maintained interior with modern fixtures and finishes. There is no visible evidence of wear and tear or the need for repairs.

Land: The property boasts a substantial plot size of 3,277.61 sqft, providing ample outdoor space. The presence of a garden, as visible in the images, further enhances the appeal and functionality of the property.

Price: The list price of £1,400,000 is significantly higher than the average price for the area (£556,862). However, this property is substantially larger (2,429.41 sqft) than the average (1,332 sqft). Considering its size, condition, and the desirable location, the price per sqft is justifiable compared to the average price per sqft in the area (£418.00). The high price is further supported by the limited availability of comparable properties in the area. While some nearby properties are listed at higher prices, the lack of sqft data for these properties makes a direct comparison difficult. The price should be considered in the context of its unique features and the premium associated with properties in this area.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
10
Location
8
Land
8
Bedrooms
4
Bathrooms
3
Sqft (est)
2,429.41
Lot (est)
3,277.61

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
590,421.00 £
Increased by 34.04 %
from 440,466.00 £
Est sale value
1,243,857.92 £
Increased by 31.96 %
from 942,611.08 £
Average area rental value
1,427.00 £/mo
Decreased by 43.31 %
from 2,517.00 £/mo
Est letting value
2,429.41 £/mo
Decreased by 50.00 %
from 4,858.82 £/mo
Est rental Yield
2.90 %
Decreased by 57.73 %
from 6.86 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Savills created the listing.

Nearby Schools

NameTypeOfstedDistance
Markyate Village School And NurseryCommunity SchoolGood1.44 KM
Caddington Village SchoolCommunity SchoolGood2.08 KM
Slip End Village SchoolCommunity SchoolGood2.97 KM
St Margaret Of Scotland Catholic Primary SchoolAcademy ConverterRequires improvement3.50 KM
The Stockwood Park AcademyAcademy Sponsor LedRequires improvement3.61 KM

Images

Hallway Kitchen Bedroom Front Elevated Courtyard Courtyard View Front Hallway Sitting Family Kitchen Utility Sitting Kitchen Office Main Bedroom En Suite Bedroom Garden Approach Rear Garden Garden Elevated Garden

Nearby Streets

NameAverage PriceAverage SqftDistance
London Road £ 1,619,00000.00 KM
Park View Drive £ 000.00 KM
Grange Close £ 000.00 KM
Little Green Lane £ 000.00 KM
Cavendish Road £ 490,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Leagrave1534LEA6.20 KM
Luton1536LUT6.39 KM
Luton Airport Parkway3645LTN7.69 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ferrers Hill Farm, Pipers Lane, Markyate, St. Albans, AL3 £ 1,400,000BUY8 / 100.00 KM
Caddington Common, Markyate, Hertforfshire £ 1,250,000BUY7 / 100.80 KM
Luton Road, Markyate, St. Albans, Hertfordshire £ 3,000,000BUY8 / 100.97 KM
High Street, Markyate, St. Albans, AL3 £ 900,000BUY7 / 101.07 KM
Mancroft Road, Aley Green, Bedfordshire, LU1 £ 795,000BUY7 / 101.08 KM

Nearby Properties

AddressPriceDistance
Willow Tree Farm £ 259,4670.13 KM
April Cottage £ 415,0000.82 KM
Beechurst £ 900,0000.82 KM
Fir Mount £ 530,0000.82 KM
Ellan Vannin £ 545,0000.89 KM