According to the public record, 5, Black Rock Way, Mansfield is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 676 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Black Rock Way, Mansfield, NG18 is located in the borough of Mansfield within the NG18 postal district.
5, Black Rock Way, Mansfield has a single entry in the Land Registry database from April 2006 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Black Rock Way Mansfield as £119,184 and the rental value as £845 per month giving an expected gross yield of 8.5%.
Over the last 12 months the sale value of 5 Black Rock Way Mansfield has increased by £7,620 (6.4%) and its rental value has increased by £22 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 5, Black Rock Way, Mansfield is in very good condition we estimate a sale value of £125,144 and rental value of £887 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £110,841 and a rental value of £785 per month.
If you were able to purchase this property for the estimated value of £119,184, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £586 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, 5, Black Rock Way, Mansfield was last sold on 21 Apr 2006 for £92,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Black Rock Way, Mansfield within a radius of 66m over the last 2 years.
The most recent example is 9, Black Rock Way, Mansfield, NG18 4YE, a Leasehold flat which sold for £111,000 in Aug 2023.
Read more about house prices in NG18.
Black Rock Way, Mansfield, NG18 has a total of 46 addresses. According to our analysis of all the public data, 5, Black Rock Way, Mansfield is the 17th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £86k less expensive than the average property in NG18.
The closest station to 5, Black Rock Way, Mansfield is Mansfield station which is 1.3 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 5, Black Rock 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 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 5, Black Rock 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 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 5, Black Rock 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 5, Black Rock 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 5, Black Rock 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.