1, Oak Bank Close
1, Oak Bank Close
Description & Estimates
Public records show 1, Oak Bank Close, Mansfield to be a mid-century freehold house with 968 ft2 of internal area, sitting on a 692 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
1, Oak Bank Close, Mansfield has an estimated sale value of £315,254 and an estimated rental value of £1,297 per month, assuming reasonable condition and based on the information available.
Oak Bank Close, Mansfield, NG19 lies in the borough of Mansfield, within the NG19 postal district.
Our Data Sources
1, Oak Bank Close, Mansfield has 2 entries in the Land Registry , most recently in August 2019 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 1, Oak Bank Close, Mansfield would be worth £331,017, with a potential rental value of £1,362 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £293,186, with a rental value of £1,206 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Oak Bank Close, Mansfield has declined by £9,456 (3.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £39 (3.0%). The property's estimated gross yield is currently 4.9%.
Plot Size
1, Oak Bank Close, Mansfield occupies a 692 m2 plot as recorded by HM Land Registry.
All 4 other houses in this postcode have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
1, Oak Bank Close, Mansfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Oct 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
1, Oak Bank Close, Mansfield last changed hands on 9th August 2019, selling for £292,500. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 41.7% since August 2019.
- Sold Aug 2019£292,500
- Sold Jan 2019£223,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 610 metres of 1, Oak Bank Close, Mansfield across the last 2 years.
Most recently, 7, West Bank Avenue, Mansfield, NG19 7DJ, a freehold house, sold at £239,500 on the 13th December 2024.
Read more about house prices in NG19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Oak Bank Close, Mansfield as the 4th largest and the 3rd most expensive of the 4 addresses on Oak Bank Close, Mansfield, NG19.
Against the NG19 postcode district average, it is £130k more expensive than the typical property.
More reading links
Schools Nearby
- 400mSt Philip Neri With St Bede Catholic Voluntary Academy
- 1.0kmWainwright Primary Academy
- 1.1kmMansfield Primary Academy
- 700mQueen Elizabeth's Academy
- 800mThe Brunts Academy
- 1.0kmAll Saints' Catholic Voluntary Academy
More reading links
Public Transport Nearby
Mansfield station is the nearest stop to 1, Oak Bank Close, Mansfield at 900 metres away.
- 900mMansfield
- 1.2kmMansfield Woodhouse
- 5.1kmSutton Parkway
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
