3, Meden Close
3, Meden Close
Description & Estimates
3, Meden Close, Mansfield appears in the public record as a leasehold apartment.
We estimate it to be a mid-century apartment with 649 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 3, Meden Close, Mansfield is £94,728 and its rental estimate is £521 per month, given the available information and assuming reasonable condition.
Meden Close, Pleasley, Mansfield, NG19 falls within the NG19 postal district, in the borough of Mansfield.
Our Data Sources
3, Meden Close, Mansfield has a single entry in the Land Registry from July 2014 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 1 out of 5 and is considered of low 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 3, Meden Close, Mansfield, we estimate a market value of £99,464 and a rental value of £547 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £88,097 and £484 per month respectively.
Recent Market Change
Over the last year, 3, Meden Close, Mansfield has seen its estimated sale value fall by £4,202 (4.4%) and its estimated rental value move up by £9 per month (1.8%). This results in an estimated gross rental yield of 6.6%.
Sold Prices
The most recent sale of 3, Meden Close, Mansfield completed on 29th July 2014 at £53,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 154.0% over the period since July 2014.
- Sold Jul 2014£53,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 3, Meden Close, Mansfield has sold within a radius of 1.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th December 2008, was 21, High Street, Mansfield, NG19 7SE, a leasehold flat which sold for £55,000.
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
Of the 10 addresses on Meden Close, Pleasley, Mansfield, NG19, 3, Meden Close, Mansfield comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £91k less expensive than the average property across the NG19 district.
More reading links
Schools Nearby
- 700mFarmilo Primary School and Nursery
- 900mAnthony Bek Community Primary School
- 1.8kmCrescent Primary School
- 3.0kmAll Saints' Catholic Voluntary Academy
- 3.2kmQueen Elizabeth's Academy
- 3.8kmThe Manor Academy
More reading links
Public Transport Nearby
From 3, Meden Close, Mansfield, the nearest station is Mansfield Woodhouse, 3.2 kilometres away.
- 3.2kmMansfield Woodhouse
- 4.6kmMansfield
- 4.6kmShirebrook
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.
