344 Lower Somercotes

    344, LOWER SOMERCOTES, SOMERCOTES, ALFRETON, DE55 4LP

    This terraced freehold property on Lower Somercotes last sold in December 2021 for £112,000. Based on price growth in the DE55 district since then, its estimated current value is £125,603 — placing it in the 8th percentile nationally and the 14th percentile within DE55. The property covers 80 m² (861 sq ft), giving an estimated value of £1,570 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    80 m²

    (861 sq ft)

    Last Sale Price

    £112,000

    Dec 2021

    Estimated Valuation

    £125,603

    Est. £/m²

    £1,570/m²

    £146/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area80 m² (861 sq ft)
    EPC dateDec 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Dec 2021

    £112,000

    16 Jan 2004

    £59,000

    2 Aug 1996

    £23,500

    Key Metrics

    Estimated valuation£125,603
    Value per m² / sq ft£1,570/m² (£146/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DE55 district percentile14th percentile
    National percentile8th percentile

    District Context — DE55

    DE55 covers Alfreton and surrounding areas in Derbyshire, in the East Midlands. It is a longstanding residential community with a manufacturing and trades heritage, offering relatively affordable housing.

    Average Property Price - DE55

    £225,849

    20

    National percentile

    Average Net Household Income - DE55

    £33,039

    19

    National percentile

    10-Year Annualised Price Growth - DE55

    4.9%

    87

    National percentile

    10-Year Annualised Rent Growth - DE

    4.2%

    63

    National percentile

    View full analysis for DE55

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