7, Sherwood Drive
7, Sherwood Drive
Description & Estimates
7, Sherwood Drive, Matlock is recorded publicly as a modern freehold house across 1,517 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 7, Sherwood Drive, Matlock is £455,464 and its rental estimate is £1,562 per month, given the available information and assuming reasonable condition.
Sherwood Drive, Crich, Matlock, DE4 falls within the DE4 postal district, in the borough of Amber Valley.
Our Data Sources
7, Sherwood Drive, Matlock has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated February 2022.
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, Sherwood Drive, Matlock, we estimate a market value of £478,237 and a rental value of £1,640 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £423,581 and £1,452 per month respectively.
Recent Market Change
Over the last year, 7, Sherwood Drive, Matlock has seen its estimated sale value fall by £1,791 (0.4%) and its estimated rental value move up by £23 per month (1.5%). This results in an estimated gross rental yield of 4.1%.
Energy Efficiency
7, Sherwood Drive, Matlock has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Feb 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, Sherwood Drive, Matlock completed on 5th August 2022 at £479,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 5.4% over the period since August 2022.
- Sold Aug 2022£479,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Sherwood Drive, Matlock have sold within a radius of 2.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st July 2024, was 14, Oxhay Gardens, Matlock, DE4 5PE, a freehold house which sold for £370,000.
Read more about house prices in DE4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 46 addresses on Sherwood Drive, Crich, Matlock, DE4, 7, Sherwood Drive, Matlock comes out as the 11th largest and the 13th most expensive in our analysis of the public data.
It is also £136k more expensive than the average property across the DE4 district.
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Schools Nearby
- 300mCrich Junior School
- 300mCrich Church of England Infant School
- 1.6kmFritchley CofE (Aided) Primary & Nursery School
- 5.4kmSwanwick Hall School
- 6.1kmDavid Nieper Academy
- 6.6kmAnthony Gell School
More reading links
Public Transport Nearby
From 7, Sherwood Drive, Matlock, the nearest station is Whatstandwell, 2.0 kilometres away.
- 2.0kmWhatstandwell
- 2.9kmAmbergate
- 5.8kmCromford
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
