According to the public record, 7, Kings Walk, Mansfield is a modern leasehold apartment and with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Kings Walk, Mansfield, NG18 is located in the borough of Mansfield within the NG18 postal district.
7, Kings Walk, Mansfield has 2 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated September 2020.
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 7 Kings Walk Mansfield as £119,086 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 7 Kings Walk Mansfield has increased by £7,613 (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 7, Kings Walk, Mansfield is in very good condition we estimate a sale value of £125,040 and rental value of £887 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £110,750 and a rental value of £785 per month.
If you were able to purchase this property for the estimated value of £119,086, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £585 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, 7, Kings Walk, Mansfield was last sold on 08 Dec 2020 for £95,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2020, the market for similar properties has risen 20.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Kings Walk, Mansfield within a radius of 0m over the last 2 years.
The most recent example is 1, Kings Walk, Mansfield, NG18 4YD, a Leasehold flat which sold for £114,000 in Feb 2023.
Read more about house prices in NG18.
Kings Walk, Mansfield, NG18 has a total of 84 addresses. According to our analysis of all the public data, 7, Kings Walk, Mansfield is the 40th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £86k less expensive than the average property in NG18.
7, Kings Walk, Mansfield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Sep 2020.
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 7, Kings Walk, 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 7, Kings Walk, 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 7, Kings Walk, 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 7, Kings Walk, 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 7, Kings Walk, 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 7, Kings Walk, 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.