According to the public record, 1, Springwood Drive, Mansfield is a modern freehold house and with 1,785 ft2 of internal area and sits on a 556 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Springwood Drive, Mansfield Woodhouse, Mansfield, NG19 is located in the borough of Mansfield within the NG19 postal district.
1, Springwood Drive, Mansfield has a single entry in the Land Registry database from August 2021 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Springwood Drive Mansfield as £444,130 and the rental value as £1,664 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 1 Springwood Drive Mansfield has increased by £27,318 (6.2%) and its rental value has increased by £26 per month (1.5%).
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 1, Springwood Drive, Mansfield is in very good condition we estimate a sale value of £466,337 and rental value of £1,747 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £413,041 and a rental value of £1,548 per month.
If you were able to purchase this property for the estimated value of £444,130, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,183 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Springwood Drive, Mansfield sits on a plot of 556m2.
We have plot size data on 14 out of 20 other houses in the postcode and 1, Springwood Drive, Mansfield sits on the 4th largest plot.
According to HM Land Registry, 1, Springwood Drive, Mansfield was last sold on 10 Aug 2021 for £348,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2021, the market for similar properties has risen 17.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Springwood Drive, Mansfield within a radius of 118m over the last 2 years.
The most recent example is 3, Springwood Drive, Mansfield, NG19 9EB, a Freehold house which sold for £445,000 in Sep 2022.
Read more about house prices in NG19.
Springwood Drive, Mansfield Woodhouse, Mansfield, NG19 has a total of 20 addresses. According to our analysis of all the public data, 1, Springwood Drive, Mansfield is the 7th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £252k more expensive than the average property in NG19.
1, Springwood Drive, Mansfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Sep 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Springwood Drive, Mansfield is Mansfield Woodhouse station which is 600 m away.
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 1, Springwood Drive, Mansfield, 38.7% of property is privately owned outright and 29.7% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 1, Springwood Drive, Mansfield, 20.9% of residents are recorded as possessing school level qualifications and 17.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Springwood Drive, Mansfield, the average age was 43.9 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 1, Springwood Drive, 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 1, Springwood Drive, 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.