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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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45, Derwent Avenue, Mansfield is recorded publicly as a modern leasehold house across 1,582 ft2 of internal area, sitting on a 352 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 45, Derwent Avenue, Mansfield is £213,554 and its rental estimate is £1,047 per month, given the available information and assuming reasonable condition.
Derwent Avenue, Mansfield, NG18 falls within the NG18 postal district, in the borough of Mansfield.
45, Derwent Avenue, Mansfield has 2 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated May 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 45, Derwent Avenue, Mansfield, we estimate a market value of £224,231 and a rental value of £1,099 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £198,605 and £974 per month respectively.
Over the last year, 45, Derwent Avenue, Mansfield has seen its estimated sale value drop by £7,964 (3.7%) and its estimated rental value rise by £11 per month (1.0%). This results in an estimated gross rental yield of 5.9%.
HM Land Registry records the plot of land for 45, Derwent Avenue, Mansfield as measuring 352 m2.
That makes it the 11th largest plot in the postcode, where 35 of the 41 other houses have recorded plot data.
45, Derwent Avenue, Mansfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 May 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 45, Derwent Avenue, Mansfield completed on 4th December 2020 at £275,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 8.0% over the period since December 2020.
Over the past 2 years 3 properties similar to 45, Derwent Avenue, Mansfield have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st May 2024, was 2A, Crown Street, Mansfield, NG18 3JL, a freehold house which sold for £180,000.
Read more about house prices in NG18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 56 addresses on Derwent Avenue, Mansfield, NG18, 45, Derwent Avenue, Mansfield comes out as the 10th largest and the 39th most expensive in our analysis of the public data.
It is also £16k more expensive than the average property across the NG18 district.
From 45, Derwent Avenue, Mansfield, the nearest station is Mansfield, 2.4 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast 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 45, Derwent Avenue, Mansfield, 55.0% of property is privately owned outright and 36.4% 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 45, Derwent Avenue, Mansfield, 17.8% of residents are recorded as possessing school level qualifications and 19.7% 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 45, Derwent Avenue, Mansfield, the average age was 44.8 and the most common age was 57.
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 45, Derwent Avenue, 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 45, Derwent Avenue, Mansfield, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
