Three Bears Cottage, Mansfield
Three Bears Cottage, Mansfield
Description & Estimates
Three Bears Cottage, Mansfield appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 2,660 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of Three Bears Cottage, Mansfield is £420,806 and its rental estimate is £2,027 per month, given the available information and assuming reasonable condition.
Derby Road, Mansfield, NG18 falls within the NG18 postal district, in the borough of Ashfield.
Our Data Sources
Three Bears Cottage, Mansfield has 31 entries in the Land Registry , most recently in May 2012 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 Three Bears Cottage, Mansfield, we estimate a market value of £441,846 and a rental value of £2,128 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £391,350 and £1,885 per month respectively.
Recent Market Change
Over the last year, Three Bears Cottage, Mansfield has seen its estimated sale value drop by £17,079 (4.1%) and its estimated rental value rise by £2 per month (0.1%). This results in an estimated gross rental yield of 5.8%.
Sold Prices
The most recent sale of Three Bears Cottage, Mansfield completed on 25th May 2012 at £380,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 37.5% over the period since May 2012.
- Sold May 2012£380,000
- Sold Dec 2002£245,000
- Sold Oct 1995£147,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Three Bears Cottage, Mansfield have sold within a radius of 2.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th March 2021, was 3, The Copse, Mansfield, NG18 4SA, a freehold house which sold for £440,000.
Read more about house prices in NG18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 26 addresses on Derby Road, Mansfield, NG18, Three Bears Cottage, Mansfield comes out as the 4th largest and the 9th most expensive in our analysis of the public data.
It is also £224k more expensive than the average property across the NG18 district.
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Schools Nearby
- 1.7kmHigh Oakham Primary School
- 2.6kmAbbey Hill Primary & Nursery
- 2.8kmKing Edward Primary School & Nursery
- 3.3kmOutwood Academy Kirkby
- 3.8kmSutton Community Academy
- 4.1kmAll Saints' Catholic Voluntary Academy
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Public Transport Nearby
From Three Bears Cottage, Mansfield, the nearest station is Sutton Parkway, 2.7 kilometres away.
- 2.7kmSutton Parkway
- 3.1kmMansfield
- 3.6kmKirkby-in-Ashfield
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
