According to the public record, 11, Ruby Way, Mansfield is a modern leasehold apartment and with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Ruby Way, Mansfield, NG18 is located in the borough of Mansfield within the NG18 postal district.
11, Ruby Way, Mansfield has 3 entries in the Land Registry database, most recently in November 2021 and a single entry in the EPC database dated March 2018.
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 11 Ruby Way Mansfield as £129,738 and the rental value as £892 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 11 Ruby Way Mansfield has increased by £8,294 (6.4%) and its rental value has increased by £24 per month (2.6%).
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 11, Ruby Way, Mansfield is in very good condition we estimate a sale value of £136,225 and rental value of £937 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £120,657 and a rental value of £830 per month.
If you were able to purchase this property for the estimated value of £129,738, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £638 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 HM Land Registry, 11, Ruby Way, Mansfield was last sold on 26 Nov 2021 for £102,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2021, the market for similar properties has risen 16.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Ruby Way, Mansfield within a radius of 47m over the last 2 years.
The most recent example is 54, Kings Walk, Mansfield, NG18 4XN, a Leasehold flat which sold for £99,000 in Jun 2021.
Read more about house prices in NG18.
Ruby Way, Mansfield, NG18 has a total of 48 addresses. According to our analysis of all the public data, 11, Ruby Way, Mansfield is the 26th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in NG18.
11, Ruby Way, Mansfield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Mar 2018.
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 11, Ruby Way, Mansfield is Mansfield station which is 1.4 km 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 11, Ruby Way, Mansfield, 45.8% of property is privately rented and 41.0% 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 11, Ruby Way, Mansfield, 27.1% of residents are recorded as possessing school level qualifications and 38.1% 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 11, Ruby 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 11, Ruby Way, Mansfield, 0.3% 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 11, Ruby Way, Mansfield, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.