According to the public record, 8, Padstow Close, Mansfield is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,171 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Padstow Close, Mansfield, NG18 is located in the borough of Mansfield within the NG18 postal district.
8, Padstow Close, Mansfield has 21 entries in the Land Registry database, most recently in August 2007 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 8 Padstow Close Mansfield as £240,752 and the rental value as £1,322 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 8 Padstow Close Mansfield has increased by £13,967 (5.8%) and its rental value has increased by £26 per month (2.0%).
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 8, Padstow Close, Mansfield is in very good condition we estimate a sale value of £252,789 and rental value of £1,388 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,899 and a rental value of £1,229 per month.
If you were able to purchase this property for the estimated value of £240,752, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,183 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 HM Land Registry, 8, Padstow Close, Mansfield was last sold on 20 Aug 2007 for £153,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2007, the market for similar properties has risen 55.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Padstow Close, Mansfield within a radius of 45m over the last 2 years.
The most recent example is 15, Padstow Close, Mansfield, NG18 4QY, a Freehold house which sold for £240,000 in Mar 2022.
Read more about house prices in NG18.
Padstow Close, Mansfield, NG18 has a total of 16 addresses. According to our analysis of all the public data, 8, Padstow Close, Mansfield is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £35k more expensive than the average property in NG18.
The closest station to 8, Padstow Close, Mansfield is Mansfield station which is 3.4 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 8, Padstow Close, Mansfield, 69.7% of property is socially rented and 15.8% 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 8, Padstow Close, Mansfield, 21.9% of residents are recorded as possessing school level qualifications and 18.9% 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 8, Padstow Close, Mansfield, the average age was 39.3 and the most common age was 32.
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 8, Padstow Close, Mansfield, 0.7% 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 8, Padstow Close, Mansfield, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.