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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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157, Bancroft Lane, Mansfield is described in the public record as a mid-century house with 957 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 157, Bancroft Lane, Mansfield is £164,280 and its rental estimate is £992 per month, given the available information and assuming reasonable condition.
Bancroft Lane, Mansfield, NG18 falls within the NG18 postal district, in the borough of Mansfield.
157, Bancroft Lane, Mansfield has no records in the the Land Registry and a single entry in the EPC database dated December 2021.
We combine this information with public data 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.
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 157, Bancroft Lane, Mansfield, we estimate a market value of £172,494 and a rental value of £1,041 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £152,781 and £922 per month respectively.
Over the last year, 157, Bancroft Lane, Mansfield has seen its estimated sale value decrease by £4,427 (2.7%) and its estimated rental value grow by £30 per month (3.1%). This results in an estimated gross rental yield of 7.2%.
157, Bancroft Lane, Mansfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Dec 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 157, Bancroft Lane, Mansfield have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th October 2024, was 12, Williamson Street, Mansfield, NG19 6TD, a freehold house which sold for £161,000.
Read more about house prices in NG18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 125 addresses on Bancroft Lane, Mansfield, NG18, 157, Bancroft Lane, Mansfield comes out as the 60th largest and the 53rd most expensive in our analysis of the public data.
It is also £33k less expensive than the average property across the NG18 district.
From 157, Bancroft Lane, Mansfield, the nearest station is Mansfield, 1.2 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 157, Bancroft Lane, Mansfield, 46.7% of property is privately owned outright and 30.0% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 157, Bancroft Lane, Mansfield, 17.4% of residents are recorded as possessing school level qualifications and 21.4% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 157, Bancroft Lane, Mansfield, the average age was 41.6 and the most common age was 32.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 157, Bancroft Lane, Mansfield, 1.1% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 157, Bancroft Lane, Mansfield, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
