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According to the public record, 2 Spa Villas, Matlock is a modern apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Spa Villas, Matlock is £367,687 and the estimated rental value is £1,032 per month.
The apartment is within Spa Villas, Matlock Spa Road, Matlock, DE4.
Matlock Spa Road, Matlock, DE4 is located in the borough of Derbyshire Dales within the DE4 postal district.
2 Spa Villas, Matlock has no records in the the Land Registry and a single entry in the EPC database dated February 2021.
We combine this information with public data of neighbouring properties to estimate the property 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 2 Spa Villas, Matlock is in very good condition we estimate a sale value of £386,071 and a rental value of £1,083 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £341,949 and a rental value of £959 per month.
Over the last 12 months the sale value of 2 Spa Villas Matlock has decreased by an estimated £548 (0.1%) and its rental value has increased by an estimated £18 per month (1.7%), giving an expected gross yield of 3.4%.
2 Spa Villas, Matlock has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Feb 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Spa Villas, Matlock within a radius of 940 metres over the last 2 years.
The most recent example is 25 Spa Villas, Matlock Spa Road, Matlock, DE4 3ST, a leasehold flat which sold for £330,000 on the 24th October 2022.
Read more about house prices in DE4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Matlock Spa Road, Matlock, DE4 has a total of 63 addresses. According to our analysis of all the public data, 2 Spa Villas, Matlock is the 50th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £51k more expensive than the average property in DE4.
The closest station to 2 Spa Villas, Matlock is Matlock station which is 500 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Spa Villas, Matlock, 52.9% of property is privately owned outright and 31.7% is privately owned with a mortgage.
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 2 Spa Villas, Matlock, 20.2% of residents are recorded as possessing school level qualifications and 42.6% 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 2 Spa Villas, Matlock, the average age was 47.6 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 2 Spa Villas, Matlock, 0.7% 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 2 Spa Villas, Matlock, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.