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House Prices in NG18

The average house price in NG18 (Mansfield) is £208,928 using HM Land Registry data.

The average property price increased by £42,060 (38.27%) over the last 5 years and increased by £8,409 (5.33%) over the last 12 months.

Over the last year, there were 400 residential property sales – a decrease of 324 transactions (-81.00%) relative to the previous year. The majority of house sales (95) were in the £90,000 - £140,000 range. Then came properties in the £140,000 - £190,000 range, where 88 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 61 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,295 (-2%).

In June 2024, there were 77 new estate agency instructions, 71 agreed home sales and 43 property price reductions.

5-Year Average Property Prices in NG18 (Mansfield)

38.27%

Property prices in Mansfield increased by 38.27% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in NG18 (Mansfield) Over the Last Year

5.33%

Property prices in Mansfield increased by 5.33% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for NG18 (Mansfield) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in NG18 (Mansfield)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in NG18 (Mansfield)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in NG18 (Mansfield)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the NG18 (Mansfield) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NG18 postcode area since 1995.

Recent Sales in NG18 (Mansfield)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
42 Cobblestone Drive, Mansfield, Nottinghamshire, NG18 4GB	£189,950	£189,950	£00	07 Nov 2023	07 May 2024	182 Days
111 Victoria Street, Mansfield, Nottinghamshire, NG18 5SB	£110,000	£110,000	£00	02 Dec 2023	07 May 2024	157 Days
56a, Ladybrook Lane, Mansfield, Nottinghamshire, NG18 5JG	£110,000	£107,000	-£3,000	07 Oct 2023	29 Apr 2024	205 Days
39 Derby Street, Mansfield, Nottinghamshire, NG18 2SD	£115,000	£110,000	-£5,000	12 Jan 2024	26 Apr 2024	105 Days
11 Forest Road, Mansfield, Nottinghamshire, NG18 4BY	£175,000	£170,000	-£5,000	16 Jan 2024	26 Apr 2024	101 Days
5 Winchester Close, Mansfield, Nottinghamshire, NG18 4HL	£335,000	£332,000	-£3,000	12 Aug 2023	18 Apr 2024	250 Days
36 Oak Tree Lane, Mansfield, Nottinghamshire, NG18 3HJ	£210,000	£208,000	-£2,000	02 Jan 2024	10 Apr 2024	99 Days
28 Kitchener Drive, Mansfield, Nottinghamshire, NG18 2JG	£180,000	£180,000	£00	11 Nov 2023	10 Apr 2024	151 Days
9 Melrose Avenue, Mansfield, Nottinghamshire, NG18 4EG	£175,000	£170,000	-£5,000	06 Dec 2023	09 Apr 2024	125 Days
5 Quarry Bank, Mansfield, Nottinghamshire, NG18 4AT	£285,000	£282,500	-£2,500	12 Nov 2023	09 Apr 2024	149 Days
5 Budby Avenue, Mansfield, Nottinghamshire, NG18 3JA	£350,000	£335,000	-£15,000	21 Jul 2023	05 Apr 2024	259 Days
57 Lichfield Lane, Mansfield, Nottinghamshire, NG18 4RF	£300,000	£280,000	-£20,000	12 Dec 2023	28 Mar 2024	107 Days
9 Pineview Close, Mansfield, Nottinghamshire, NG18 4PQ	£425,000	£400,000	-£25,000	10 Nov 2023	27 Mar 2024	138 Days
9 Clifton Grove, Mansfield, Nottinghamshire, NG18 4HY	£375,000	£365,000	-£10,000	16 Oct 2023	22 Mar 2024	158 Days
147 Sheepbridge Lane, Mansfield, Nottinghamshire, NG18 5DT	£230,000	£225,000	-£5,000	04 Jan 2024	15 Mar 2024	71 Days
29 Highland Road, Mansfield, Nottinghamshire, NG18 4PS	£320,000	£295,000	-£25,000	15 Oct 2023	23 Feb 2024	131 Days
14 Heath Avenue, Mansfield, Nottinghamshire, NG18 3EU	£495,000	£450,000	-£45,000	14 Sep 2023	23 Feb 2024	162 Days
32 Little Carter Lane, Mansfield, Nottinghamshire, NG18 3AB	£250,000	£245,000	-£5,000	13 Oct 2023	14 Feb 2024	124 Days
58 Delamere Drive, Mansfield, Nottinghamshire, NG18 4DF	£360,000	£330,000	-£30,000	07 Nov 2023	12 Feb 2024	97 Days
73 Brick Kiln Lane, Mansfield, Nottinghamshire, NG18 5JY	£140,000	£140,000	£00	18 Sep 2023	09 Feb 2024	144 Days

Most Expensive Streets in NG18 (Mansfield)

Postcode	Street	Area	Average	No. of Sales
NG18 4PB	North Park	Mansfield	£631,250	4
NG18 4PN	The Avenue	Mansfield	£543,000	5
NG18 5AJ	High Oakham Road	Mansfield	£514,076	13
NG18 5AD	Alexandra Avenue	Mansfield	£499,625	4
NG18 2AN	Wildflower Rise	Mansfield	£484,714	20
NG18 4RD	Lichfield Lane	Mansfield	£480,000	3
NG18 5AL	High Oakham Drive	Mansfield	£466,500	4
NG18 4JR	Berry Hill Lane	Mansfield	£456,665	3
NG18 5GZ	Kings Lodge Drive	Mansfield	£450,660	5
NG18 5AH	High Oakham Hill	Mansfield	£450,600	5

Least Expensive Streets in NG18 (Mansfield)

Postcode	Street	Area	Average	No. of Sales
NG18 2LU	The Granary, Sandy Lane	Mansfield	£54,400	5
NG18 1TH	Newcastle Street	Mansfield	£57,833	3
NG18 3PX	Bamford Drive	Mansfield	£61,650	3
NG18 1HQ	Lord Street	Mansfield	£62,750	3
NG18 5QQ	Stockwell Court	Mansfield	£65,333	3
NG18 5RY	Victoria Street	Mansfield	£66,833	3
NG18 1HH	Lord Street	Mansfield	£67,500	3
NG18 2AJ	Nursery Court, Nursery Street, Mansfield	Mansfield	£71,333	3
NG18 2LL	Gladstone Street	Mansfield	£71,500	6
NG18 5SH	Moor Street	Mansfield	£72,533	3