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By comparing it to neighbours, we estimate that it is a modern house with 2,081 ft2 of internal area and sits on a 505 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, The Paddock, Alfreton is £556,933 and the estimated rental value is £1,928 per month.
The Paddock, Alfreton, DE55 is located in the borough of Amber Valley within the DE55 postal district.
1, The Paddock, Alfreton has 21 entries in the Land Registry , most recently in June 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, The Paddock, Alfreton is in very good condition we estimate a sale value of £584,780 and a rental value of £2,024 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £517,948 and a rental value of £1,793 per month.
Over the last 12 months the sale value of 1 The Paddock Alfreton has decreased by an estimated £13,546 (2.4%) and its rental value has increased by an estimated £29 per month (1.5%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 1, The Paddock, Alfreton sits on a plot of 505m2.
We have plot size data on 4 out of 4 other houses in the postcode and 1, The Paddock, Alfreton sits on the 2nd largest plot.
According to HM Land Registry, 1, The Paddock, Alfreton was last sold on 20th June 2008 for £355,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2008, the market for similar properties has risen 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, The Paddock, Alfreton within a radius of 2.9 kilometres over the last 2 years.
The most recent example is The Manor, Manor Court, Alfreton, DE55 7NZ, a freehold house which sold for £570,000 on the 27th May 2021.
Read more about house prices in DE55.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Paddock, Alfreton, DE55 has a total of 4 addresses. According to our analysis of all the public data, 1, The Paddock, Alfreton is the largest and the most expensive property on the street.
When compared to the postcode district it is £354k more expensive than the average property in DE55.
The closest station to 1, The Paddock, Alfreton is Alfreton station which is 4.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, The Paddock, Alfreton, 54.0% of property is socially rented and 22.1% is privately owned outright.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, The Paddock, Alfreton, 17.3% of residents are recorded as possessing school level qualifications and 18.1% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, The Paddock, Alfreton, the average age was 48.5 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, The Paddock, Alfreton, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, The Paddock, Alfreton, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.