Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
3, Newark Way, Mansfield is described in the public record as a mid-century apartment with 488 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 3, Newark Way, Mansfield is £56,028 and its rental estimate is £391 per month, given the available information and assuming reasonable condition.
Newark Way, Mansfield, NG18 falls within the NG18 postal district, in the borough of Mansfield.
3, Newark Way, Mansfield has no records in the the Land Registry and a single entry in the EPC database dated December 2011.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 3, Newark Way, Mansfield, we estimate a market value of £58,830 and a rental value of £410 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £52,106 and £363 per month respectively.
Over the last year, 3, Newark Way, Mansfield has seen its estimated sale value decline by £2,275 (4.1%) and its estimated rental value climb by £6 per month (1.6%). This results in an estimated gross rental yield of 8.4%.
3, Newark Way, Mansfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Dec 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Over the past 2 years 3 properties similar to 3, Newark Way, Mansfield have sold within a radius of 900 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th June 2020, was 27, Newark Way, Mansfield, NG18 4NZ, a leasehold flat which sold for £45,000.
Read more about house prices in NG18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 34 addresses on Newark Way, Mansfield, NG18, 3, Newark Way, Mansfield comes out as the 31st largest and the 28th most expensive in our analysis of the public data.
It is also £141k less expensive than the average property across the NG18 district.
From 3, Newark Way, Mansfield, the nearest station is Mansfield, 3.1 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.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Newark Way, Mansfield, 69.7% of property is socially rented and 15.8% 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 3, Newark Way, Mansfield, 21.9% of residents are recorded as possessing school level qualifications and 18.9% 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 3, Newark Way, Mansfield, the average age was 39.3 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 3, Newark Way, Mansfield, 0.7% 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 3, Newark Way, Mansfield, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
