North Park, Mansfield, NG18

Street Guide For North Park, Mansfield, NG18

 

North Park, Mansfield, NG18 Map

Estimated Price: £498,351
Average Asking Price: £179,471
Price change in last one year: £31,609
Average Price Paid: £435,998
Average Rent Rates: £1,292

 

Property Prices Breakdown in North Park, Mansfield, NG18

Average Price for property in North Park, Mansfield, NG18 is around £498,351 e.g. average price for detached house is around 498,351. Values have been changing and have risen £572 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,858 in last 6 months, £31,609 in last 1 year, £45,106 in last 2 years, £56,763 in last 3 years, £49,441 in last 4 years and £42,530 in last 5 years.

Currently average asking price of a property in North Park, Mansfield, NG18 is around £179,471 based on approximately 2 properties for sale. Same is the case with rental options based on 98 properties up for rent, average asking rent is around £1,292 per month.

Estimated property value in North Park, Mansfield, NG18 is £498,351. Average asking price is £179,471 while average price paid is £379,000 which is up by £31,609 and Avg. asking rent £1,292.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in North Park, Mansfield, NG18 area. In last 1 year alone average price buyer paid is around £379,000 based on approximately 2 sales in North Park, Mansfield, NG18 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £435,998. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £435,998 for 3 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £430,832 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £100,573, £147,949 for a 3 bedroom house, £233,012 for a 4 bedroom house and £398,434 for a 5 bedroom house. For a flat similarly the prices varies from £66,170 for a single bedroom to £107,167 for a 2 bedroom Flat. To sum up the asking prices for properties in North Park, Mansfield, NG18 it comes to around average £66,170 for 1 bedroom property, £102,727 for 2 bedroom, £147,949 for 3 bedroom, £233,012 for 4 bedroom and £398,434 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £849 for 1 bedroom to £426 for 2 bedroom, £564 for 3 bedroom and £808 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £372. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £466 and £523 for 3 bedroom. You should be generally be expecting around average £425 rent per month for single bedroom property, £438 for 2 bedroom, £560 for 3 bedroom and approximately £808 for 4 bedroom property in North Park, Mansfield, NG18 area.

Popular Houses in North Park, Mansfield, NG18

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around North Park, Mansfield, NG18