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Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 48, Scholars Way, Mansfield is £204,832 and its rental estimate is £1,111 per month, given the available information and assuming reasonable condition.
Scholars Way, Mansfield, NG18 falls within the NG18 postal district, in the borough of Mansfield.
48, Scholars Way, Mansfield has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2009.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 48, Scholars Way, Mansfield, we estimate a market value of £215,074 and a rental value of £1,167 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £190,494 and £1,033 per month respectively.
Over the last year, 48, Scholars Way, Mansfield has seen its estimated sale value decrease by £5,519 (2.7%) and its estimated rental value grow by £34 per month (3.1%). This results in an estimated gross rental yield of 6.5%.
HM Land Registry records the plot of land for 48, Scholars Way, Mansfield as measuring 137 m2.
That makes it the 44th largest plot in the postcode, where 59 of the 63 other houses have recorded plot data.
48, Scholars Way, Mansfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jun 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 48, Scholars Way, Mansfield completed on 25th August 2006 at £135,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Over the past 2 years 3 properties similar to 48, Scholars Way, Mansfield have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th August 2023, was 33, Scholars Way, Mansfield, NG18 4YT, a freehold house which sold for £183,000.
Read more about house prices in NG18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 74 addresses on Scholars Way, Mansfield, NG18, 48, Scholars Way, Mansfield comes out as the 15th largest and the 19th most expensive in our analysis of the public data.
It is also £8k more expensive than the average property across the NG18 district.
From 48, Scholars Way, Mansfield, the nearest station is Mansfield, 1.2 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 48, Scholars Way, Mansfield, 47.3% of property is privately rented and 39.7% 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 48, Scholars Way, Mansfield, 19.4% of residents are recorded as possessing school level qualifications and 34.0% 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 48, Scholars Way, 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 48, Scholars Way, Mansfield, 0.4% 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 48, Scholars Way, Mansfield, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.