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According to the public record, 8, Newark Way, Mansfield is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 580 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Newark Way, Mansfield is £59,874 and the estimated rental value is £401 per month.
Newark Way, Mansfield, NG18 is located in the borough of Mansfield within the NG18 postal district.
8, Newark Way, Mansfield has 31 entries in the Land Registry , most recently in April 2008 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8, Newark Way, Mansfield is in very good condition we estimate a sale value of £62,868 and a rental value of £421 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £55,683 and a rental value of £372 per month.
Over the past 12 months, the estimated sale value of 8, Newark Way, Mansfield has declined by £2,431 (4.1%), while its estimated rental value has climbed by £6 per month (1.6%). Based on current estimates, the property offers a gross rental yield of 8.0%.
According to HM Land Registry, 8, Newark Way, Mansfield was last sold on 25th April 2008 for £58,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since April 2008, the market for similar properties has risen by 80.5%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Newark Way, Mansfield within a radius of 930 metres over the last 2 years.
The most recent example is 27, Newark Way, Mansfield, NG18 4NZ, a leasehold flat which sold for £45,000 on the 8th June 2020.
Read more about house prices in NG18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newark Way, Mansfield, NG18 has a total of 34 addresses. According to our analysis of all the public data, 8, Newark Way, Mansfield is the largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in NG18.
The closest station to 8, Newark Way, Mansfield is Mansfield station, which is 3.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, 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 8, 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 8, 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 8, 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 8, 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.
