Pear Tree Cottage, Alfreton
Pear Tree Cottage, Alfreton
Description & Estimates
Pear Tree Cottage, Alfreton appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 2,215 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of Pear Tree Cottage, Alfreton is £395,191 and its rental estimate is £1,521 per month, given the available information and assuming reasonable condition.
Oakerthorpe, Alfreton, DE55 falls within the DE55 postal district, in the borough of Amber Valley.
Our Data Sources
Pear Tree Cottage, Alfreton has a single entry in the Land Registry from December 2011 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
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 Pear Tree Cottage, Alfreton, we estimate a market value of £414,951 and a rental value of £1,597 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £367,528 and £1,415 per month respectively.
Recent Market Change
Over the last year, Pear Tree Cottage, Alfreton has seen its estimated sale value decrease by £13,342 (3.4%) and its estimated rental value grow by £13 per month (0.8%). This results in an estimated gross rental yield of 4.6%.
Sold Prices
The most recent sale of Pear Tree Cottage, Alfreton completed on 5th December 2011 at £350,000 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 risen by 17.8% over the period since December 2011.
- Sold Dec 2011£350,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Pear Tree Cottage, Alfreton have sold within a radius of 2.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd May 2024, was The Briars, Wingfield Road, Alfreton, DE55 7LH, a freehold house which sold for £395,000.
Read more about house prices in DE55.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 41 addresses on Oakerthorpe, Alfreton, DE55, Pear Tree Cottage, Alfreton comes out as the 4th largest and the 7th most expensive in our analysis of the public data.
It is also £191k more expensive than the average property across the DE55 district.
More reading links
Schools Nearby
- 1.2kmSouth Wingfield Primary School
- 2.2kmCroft Infant School
- 2.3kmSwanwick Primary School
- 2.5kmDavid Nieper Academy
- 2.5kmSwanwick Hall School
- 5.5kmThe Ripley Academy
More reading links
Public Transport Nearby
From Pear Tree Cottage, Alfreton, the nearest station is Alfreton, 3.5 kilometres away.
- 3.5kmAlfreton
- 5.3kmAmbergate
- 5.7kmWhatstandwell
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.
