3 Old Methodist Church, Matlock
3 Old Methodist Church, Matlock
Description & Estimates
3 Old Methodist Church, Matlock appears in the public record as a leasehold apartment.
We estimate it to be a period apartment with 686 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 3 Old Methodist Church, Matlock is £321,689 and its rental estimate is £988 per month, given the available information and assuming reasonable condition.
Old Methodist Church, Bank Road is a residential building on Bank Road, Matlock, DE4 and falls within the DE4 postal district and the borough of Derbyshire Dales.
Our Data Sources
3 Old Methodist Church, Matlock has a single entry in the Land Registry from August 2019 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 3 Old Methodist Church, Matlock, we estimate a market value of £337,773 and a rental value of £1,037 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £299,170 and £918 per month respectively.
Recent Market Change
Over the last year, 3 Old Methodist Church, Matlock has seen its estimated sale value fall by £4,922 (1.5%) and its estimated rental value move up by £7 per month (0.7%). This results in an estimated gross rental yield of 3.7%.
Sold Prices
The most recent sale of 3 Old Methodist Church, Matlock completed on 23rd August 2019 at £125,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 36.5% over the period since August 2019.
- Sold Aug 2019£125,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 3 Old Methodist Church, Matlock have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th December 2017, was 1 Old Methodist Church, Bank Road, Matlock, DE4 3GL, a leasehold flat which sold for £123,500.
Read more about house prices in DE4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 72 addresses on Bank Road, Matlock, DE4, 3 Old Methodist Church, Matlock comes out as the 60th largest and the 21st most expensive in our analysis of the public data.
It is also £3k more expensive than the average property across the DE4 district.
More reading links
Schools Nearby
- 400mCastle View Primary School
- 500mAll Saints CofE Infant School
- 600mSt Joseph's Catholic Voluntary Academy
- 1.2kmHighfields School
- 7.1kmAnthony Gell School
- 10.5kmTupton Hall School
More reading links
Public Transport Nearby
From 3 Old Methodist Church, Matlock, the nearest station is Matlock, 600 metres away.
- 600mMatlock
- 2.2kmMatlock Bath
- 3.1kmCromford
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
