2, Oakridge Close
2, Oakridge Close
Description & Estimates
2, Oakridge Close, Mansfield appears in the public record as a leasehold house sitting on a 307 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 376 ft2 of internal area and a garden.
Locally, houses of this size normally have 2 bedrooms.
Our estimate of the sale value of 2, Oakridge Close, Mansfield is £125,329 and its rental estimate is £672 per month, given the available information and assuming reasonable condition.
Oakridge Close, Forest Town, Mansfield, NG19 falls within the NG19 postal district, in the borough of Mansfield.
Our Data Sources
2, Oakridge Close, Mansfield has 21 entries in the Land Registry , most recently in December 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 2, Oakridge Close, Mansfield, we estimate a market value of £131,596 and a rental value of £706 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £116,556 and £625 per month respectively.
Recent Market Change
Over the last year, 2, Oakridge Close, Mansfield has seen its estimated sale value decrease by £3,882 (3.1%) and its estimated rental value grow by £24 per month (3.6%). This results in an estimated gross rental yield of 6.4%.
Plot Size
HM Land Registry records the plot of land for 2, Oakridge Close, Mansfield as measuring 307 m2.
That makes it the 2nd largest plot in the postcode, where 8 of the 10 other houses have recorded plot data.
Sold Prices
The most recent sale of 2, Oakridge Close, Mansfield completed on 10th December 2007 at £33,750 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 64.3% over the period since December 2007.
- Sold Dec 2007£33,750
- Sold Mar 1995£41,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 2, Oakridge Close, Mansfield has sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th May 2022, was 16, Woodland Road, Mansfield, NG19 0EN, a freehold house which sold for £70,000.
Read more about house prices in NG19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 10 addresses on Oakridge Close, Forest Town, Mansfield, NG19, 2, Oakridge Close, Mansfield comes out as the 10th largest and the 10th most expensive in our analysis of the public data.
It is also £60k less expensive than the average property across the NG19 district.
More reading links
Schools Nearby
- 300mHeatherley Primary School
- 400mForest Town Primary School
- 600mHolly Primary School
- 700mSamworth Church Academy
- 1.2kmThe Brunts Academy
- 2.4kmThe Manor Academy
More reading links
Public Transport Nearby
From 2, Oakridge Close, Mansfield, the nearest station is Mansfield Woodhouse, 2.3 kilometres away.
- 2.3kmMansfield Woodhouse
- 2.3kmMansfield
- 6.1kmShirebrook
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
