3, Mercer Crescent
3, Mercer Crescent
Description & Estimates
The public record lists 3, Mercer Crescent, Alfreton as a freehold house sitting on a 450 m2 plot.
Comparison with its neighbours suggests a mid-century house with 973 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
3, Mercer Crescent, Alfreton has an estimated sale value of £214,752 and an estimated rental value of £988 per month, assuming reasonable condition and based on the information available.
Mercer Crescent, Alfreton, DE55 lies in the borough of Amber Valley, within the DE55 postal district.
Our Data Sources
3, Mercer Crescent, Alfreton has a single entry in the Land Registry from February 2012 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 3, Mercer Crescent, Alfreton would be worth £225,490, with a potential rental value of £1,037 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £199,719, with a rental value of £919 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Mercer Crescent, Alfreton has declined by £4,820 (2.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £18 (1.9%). The property's estimated gross yield is currently 5.5%.
Plot Size
3, Mercer Crescent, Alfreton occupies a 450 m2 plot as recorded by HM Land Registry.
Of the 4 other houses in this postcode, 3 have recorded plot sizes, and this one ranks as the 2nd largest.
Sold Prices
3, Mercer Crescent, Alfreton last changed hands on 3rd February 2012, selling for £120,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 66.7% since February 2012.
- Sold Feb 2012£120,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 720 metres of 3, Mercer Crescent, Alfreton across the last 2 years.
Most recently, 98, Birchwood Road, Alfreton, DE55 7QD, a freehold house, sold at £220,000 on the 6th March 2024.
Read more about house prices in DE55.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Mercer Crescent, Alfreton as the 2nd largest and the 2nd most expensive of the 4 addresses on Mercer Crescent, Alfreton, DE55.
Against the DE55 postcode district average, it is £10k more expensive than the typical property.
More reading links
Schools Nearby
- 300mLeys Junior School
- 900mWoodbridge Junior School
- 1.0kmCroft Infant School
- 800mDavid Nieper Academy
- 2.8kmSwanwick Hall School
- 2.9kmFrederick Gent School
More reading links
Public Transport Nearby
Alfreton station is the nearest stop to 3, Mercer Crescent, Alfreton at 800 metres away.
- 800mAlfreton
- 8.0kmKirkby-in-Ashfield
- 8.1kmAmbergate
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
