Residential dwellings
10,513
Addressable residential units in the area (OS AddressBase).
AL2 rents and yields
Asking rent £1,867/month · Gross yield 3.4% · 12 months, listings to Sep 2026
What is AL2?
AL2: residential dwellings 10,513.
HMO-shaped dwellings
0.2%
AL2 ranks 2nd of 4 neighbouring postcode districts for HMO-shaped dwellings.
Share of dwellings OS AddressBase classifies RH01/RH02/RH03: laid out as a house in multiple occupation. A statement about built form, not about a licence.
- Buildings
- 9,126
- Mixed-use buildings
- 98%
- HMO-shaped units
- 20%
- EPC A or B
- 12%
- EPC D or worse
- 48%
What does AL2 earn?
AL2: asking rent £1,867/month (12 months to Sep 2026, 185 lets).
Asking rent
£1,867/month 12 months to Sep 2026
185 lets
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 185 lets.
Gross yield, asking basis
3.4% 12 months to Sep 2026
317 lets
-0.9% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 317 lets.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
91 on 4 Nov 2026
Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 4 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.
How does AL2 vary by home size?
Asking rent in AL2 runs from £1,131/month for 1 bedroom to £3,360/month for 4 bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £1,131/month | 12 months to Sep 2026 · 10 of 12 months observed | — | 70 |
| 2 bedrooms | £1,537/month | 12 months to Sep 2026 · 8 of 12 months observed | — | 61 |
| 3 bedrooms | £2,088/month | 12 months to Sep 2026 · 10 of 12 months observed | — | 83 |
| 4 bedrooms | £3,360/month | 12 months to Sep 2026 · 6 of 12 months observed | — | 45 |
| 5+ bedrooms | Not published | — | — | — |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, within the last 12 calendar months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Who owns AL2?
Corporate landlords hold 73% of the 303 units in AL2 whose freeholder is classified; 97% of all units are not yet classified.
- Corporate landlords73% of classified · 220 units
- Individuals (not traceable in bulk)15% of classified · 46 units
- Housing associations10% of classified · 31 units
- RMC2.0% of classified · 6 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does AL2 rank?
AL2 ranks 3rd of 4 postcode districts in St. Albans for asking rent, at £1,867/month.
Asking rent · postcode districts in St. Albans
AL2 ranks 3rd of 4 postcode districts in St. Albans for asking rent, at £1,867/month.
| # | Area | Asking rent | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | AL5 | £2,681/month | 12 months to Sep 2026 · from monthly figures | 163 | measured |
| 2 | AL4 | £2,015/month | 12 months to Sep 2026 · from monthly figures | 192 | measured |
| 3 | AL2 | £1,867/month | 12 months to Sep 2026 · from monthly figures | 185 | measured |
| 4 | AL1 | £1,859/month | 12 months to Sep 2026 · from monthly figures | 540 | measured |
Gross yield, asking basis · postcode districts in St. Albans
AL2 ranks 2nd of 4 postcode districts in St. Albans for gross yield, asking basis, at 3.4%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | AL1 | 4.2% | 12 months to Sep 2026 · from monthly figures | 1,226 | measured |
| 2 | AL2 | 3.4% | 12 months to Sep 2026 · from monthly figures | 317 | measured |
| 3 | AL4 | 3.0% | 12 months to Sep 2026 · from monthly figures | 267 | measured |
| 4 | AL5 | 3.0% | 12 months to Sep 2026 · from monthly figures | 339 | measured |
Where next from AL2?
- St. AlbansThe wider market this area sits in.
- AL1Neighbouring postcode district · Asking £7,965/m² · Sep 2026
- AL4Neighbouring postcode district · Asking £7,697/m² · Sep 2026
- AL5Neighbouring postcode district · Asking £7,626/m² · Sep 2026
- AL3Next door, in another authority · Asking £7,520/m² · Sep 2026
- EN6Next door, in another authority · Asking £6,361/m² · Sep 2026
- HP2Next door, in another authority · Asking £4,790/m² · Sep 2026
- HP3Next door, in another authority · Asking £5,454/m² · Sep 2026
- WD25Next door, in another authority · Asking £5,823/m² · Sep 2026
- WD5Next door, in another authority · Asking £5,355/m² · Sep 2026
Questions about AL2
- What is the average rent in AL2?
- Homes to let in AL2 asked a median £1,867/month over the 12 months to Sep 2026, 185 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in AL2?
- 3.4% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Sep 2026, 317 lets. -0.9% on the previous 12 months.
- What kind of homes are in AL2?
- AL2 has 10,513 homes, 0.2% laid out as houses in multiple occupation.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
Everything else about AL2
- Property values in AL2Every addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in AL2Registered land with its area, tenure and what stands on it.
- Houses and flats for sale in AL2What is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in AL2What is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in AL2Registered completions from Price Paid, newest first.
- Planning applications in AL2What was proposed, who decided it and whether it was approved.
- Estate agents in AL2Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Residential dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| HMO-shaped dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 185 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 317 lets |
| Homes to rent | Portal listings; observed forwards from 5 Sep 2026 | on 4 Nov 2026 | 4 Nov 2026 | — |