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Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 183, Nottingham Road, Mansfield is £87,966 and the estimated rental value is £548 per month.
Nottingham Road, Mansfield, NG18 is located in the borough of Mansfield within the NG18 postal district.
183, Nottingham Road, Mansfield has 2 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated October 2022.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 183, Nottingham Road, Mansfield is in very good condition we estimate a sale value of £92,364 and a rental value of £575 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £81,808 and a rental value of £509 per month.
Over the last 12 months the sale value of 183 Nottingham Road Mansfield has decreased by an estimated £215 (0.2%) and its rental value has increased by an estimated £18 per month (3.3%), giving an expected gross yield of 7.5%.
183, Nottingham Road, Mansfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 183, Nottingham Road, Mansfield was last sold on 15th December 2023 for £170,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2023, the market for similar properties has dropped 48.7%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 730 metres radius of 183, Nottingham Road, Mansfield over the last 2 years.
The most recent example is 187, Nottingham Road, Mansfield, NG18 4AA, a leasehold flat which sold for £70,500 on the 25th March 2022.
Read more about house prices in NG18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nottingham Road, Mansfield, NG18 has a total of 176 addresses. According to our analysis of all the public data, 183, Nottingham Road, Mansfield is the 144th largest and the 161st most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in NG18.
The closest station to 183, Nottingham Road, Mansfield is Mansfield station which is 1.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 183, Nottingham Road, Mansfield, 44.4% of property is privately owned with a mortgage and 34.3% is privately owned outright.
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 183, Nottingham Road, Mansfield, 14.1% of residents are recorded as possessing school level qualifications and 27.7% 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 183, Nottingham Road, Mansfield, the average age was 42.6 and the most common age was 52.
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 183, Nottingham Road, Mansfield, 0.0% 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 183, Nottingham Road, Mansfield, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.