Our Data Sources
7, Merchant Drive, Alfreton has 2 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated April 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 7, Merchant Drive, Alfreton, we estimate a market value of £334,876 and a rental value of £1,175 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £296,605 and £1,041 per month respectively.
Plot Size
HM Land Registry records the plot of land for 7, Merchant Drive, Alfreton as measuring 383 m2.
That makes it the 4th largest plot in the postcode, where all 19 other houses have recorded plot data.
Energy Efficiency
7, Merchant Drive, Alfreton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Apr 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, Merchant Drive, Alfreton completed on 9th September 2022 at £310,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 4.9% over the period since September 2022.
- Sold Sep 2022£310,000
- Sold Jan 2015£230,000
Similar Properties Sold Nearby
Over the past 2 years 54 properties similar to 7, Merchant Drive, Alfreton have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th February 2025, was 3, Merchant Drive, Alfreton, DE55 1NA, a freehold house which sold for £315,000.
Read more about house prices in DE55.
- Sold Feb 2025£315,000 | 4 Bed House3, Merchant Drive, Alfreton, DE55 1NA3, Merchant Drive, Alfreton, DE55 1NA
- Sold Feb 2020£265,000 | 4 Bed House19, Merchant Drive, Alfreton, DE55 1NA19, Merchant Drive, Alfreton, DE55 1NA
- Sold Sep 2017£255,000 | 4 Bed House8, Merchant Drive, Alfreton, DE55 1NA8, Merchant Drive, Alfreton, DE55 1NA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 19 addresses on Merchant Drive, Leabrooks, Alfreton, DE55, 7, Merchant Drive, Alfreton comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £114k more expensive than the average property across the DE55 district.
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Schools Nearby
- Somerlea Park Junior School400 m away
- Riddings Infant and Nursery School600 m away
- Somercotes Infant and Nursery School600 m away
- Swanwick Hall School1.7 km away
- David Nieper Academy2.3 km away
- The Ripley Academy3.6 km away
More reading links
Public Transport Nearby
- Alfreton|2.8 km away
- Langley Mill|6.9 km away
- Ambergate|7.5 km away
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.
