Matlock

Area Guide For Matlock

Matlock is the province town of Derbyshire, England. It is arranged at the south eastern edge of the Peak District. The town is twinned with the French town Eaubonne. The previous spa resort Matlock Bath lies promptly south of the town on the A6. The common area of Matlock Town had a populace in the 2011 UK statistics of 9,543.The number of inhabitants in the more extensive Matlock urban region is roughly 20,000. The Matlock territory is considered to incorporate Wirksworth, owing to the nearby nearness of the towns. This would bring the range's populace more like 30,000.

 
 

Matlock Map

Estimated Price: £243,819
Average Asking Price: £328,766
Price change in last one year: £10,684
Average Price Paid: £207,616
Average Rent Rates: £700

 
 

Property Prices Breakdown in Matlock

Average Price for property in Matlock is around £243,819 which varies based on type of property you are interested in and ranges from £329,612 for detached house to around £197,020 for semi-detached. Similarly terraced house is around £166,962 and a flat is worth £181,615. Values have been changing and have risen £704 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,902 in last 6 months, £10,684 in last 1 year, £18,875 in last 2 years, £26,469 in last 3 years, £16,259 in last 4 years and £18,892 in last 5 years.

Currently average asking price of a property in Matlock is around £328,766 based on approximately 483 properties for sale. Same is the case with rental options based on 81 properties up for rent, average asking rent is around £700 per month.

Estimated property value in Matlock is £243,819. Average asking price is £328,766 while average price paid is £204,626 which is up by £10,684 and Avg. asking rent £700.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Matlock area. In last 1 year alone average price buyer paid is around £204,626 based on approximately 483 sales in Matlock area alone. If you compare it to last 3 years sales of 1,407 properties where buyers paid around £204,767. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £207,616 for 2,256 and average amount paid for purchase of approx. 2,970 properties sold in last 7 years comes to about £205,335 per sale.

 
 

Properties For Sale in Matlock

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £318,120, £188,876 for a 2 bedroom house, £268,419 for a 3 bedroom house, £398,121 for a 4 bedroom house and £502,169 for a 5 bedroom house. For a flat similarly the prices varies from £145,400 for a single bedroom to £217,303 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £238,750. To sum up the asking prices for properties in Matlock it comes to around average £254,487 for 1 bedroom property, £195,193 for 2 bedroom, £266,387 for 3 bedroom, £398,121 for 4 bedroom and £502,169 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £375 for 1 bedroom to £561 for 2 bedroom, £677 for 3 bedroom and £949 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £454. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £551 and £617 for 3 bedroom. You should be generally be expecting around average £437 rent per month for single bedroom property, £559 for 2 bedroom, £670 for 3 bedroom and approximately £949 for 4 bedroom property in Matlock area.

Popular Houses in Matlock

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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