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Mansfield House Prices Mansfield House Prices

The average house price in Mansfield is £215,424 using HM Land Registry data.

The average property price increased by £39,794 (22.08%) over the last 5 years and increased by £7,973 (3.76%) over the last 12 months.

Over the last year, there were 574 residential property sales – a decrease of 236 transactions (-41.11%) relative to the previous year. The majority of house sales (149) were in the £150,000 - £200,000 range. Then came properties in the £100,000 - £150,000 range, where 141 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 108 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,798 (-2%).

In Dec 24, there were 65 new estate agency instructions, 69 agreed home sales and 52 property price reductions.

Neighbouring Areas: Mansfield Woodhouse, Forest Town, Sutton in Ashfield, Rainworth

Postcodes Covered: NG17, NG18, NG19, NG21

5-Year Average Property Prices in Mansfield

22.08%

Property prices in Mansfield increased by 22.08% 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 Mansfield Over the Last Year

3.76%

Property prices in Mansfield increased by 3.76% 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.

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).

Property Market Heat Gauge for Mansfield - Dec 24

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 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 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 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 Mansfield since 1995

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

Recent Property Sales in Mansfield

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
18 Cobblestone Drive, Mansfield, Nottinghamshire, NG18 4GB£125,000£125,000£0020 Jun 202422 Nov 2024155 Days
59 Albion Street, Mansfield, Nottinghamshire, NG19 7AX£120,000£115,000-£5,00029 Apr 202413 Nov 2024198 Days
14 Langford Road, Mansfield, Nottinghamshire, NG19 6QD£160,000£155,000-£5,00017 May 202411 Nov 2024178 Days
4 Columbia Avenue, Mansfield, Nottinghamshire, NG18 3LD£135,000£130,000-£5,00010 Jun 202408 Nov 2024151 Days
19 Berry Park Lea, Mansfield, Nottinghamshire, NG18 4RN£299,995£290,000-£9,99509 Jul 202406 Nov 2024120 Days
4 Wharmby Avenue, Mansfield, Nottinghamshire, NG19 7JN£145,000£145,000£0018 Jun 202401 Nov 2024136 Days
32 Birks Road, Mansfield, Nottinghamshire, NG19 6JU£149,995£145,000-£4,99503 Aug 202401 Nov 202490 Days
50 Wallis Road, Mansfield, Nottinghamshire, NG18 2HN£120,000£110,000-£10,00007 Nov 202331 Oct 2024359 Days
10 Big Barn Lane, Mansfield, Nottinghamshire, NG18 3LS£160,000£158,500-£1,50024 Jul 202430 Oct 202498 Days
35 Beverley Drive, Mansfield, Nottinghamshire, NG18 4QL£340,000£335,500-£4,50025 Jun 202429 Oct 2024126 Days
8 Sherview Avenue, Mansfield, Nottinghamshire, NG18 3DX£275,000£270,000-£5,00019 Mar 202428 Oct 2024223 Days
21 Charnwood Grove, Mansfield, Nottinghamshire, NG18 3EF£220,000£215,000-£5,00010 Jul 202425 Oct 2024107 Days
194 Victoria Street, Mansfield, Nottinghamshire, NG18 5RZ£89,850£85,000-£4,85018 Jun 202424 Oct 2024128 Days
8 Penzance Place, Mansfield, Nottinghamshire, NG18 3ER£240,000£225,000-£15,00022 Jul 202424 Oct 202494 Days
19 Fairfield Drive, Mansfield, Nottinghamshire, NG18 3EQ£180,000£170,500-£9,50020 Mar 202421 Oct 2024215 Days
17 Flintham Court, Mansfield, Nottinghamshire, NG18 4NB£130,000£130,000£0019 Apr 202418 Oct 2024182 Days
2 Millside, Mansfield, Nottinghamshire, NG18 2EQ£99,750£99,750£0007 May 202418 Oct 2024164 Days
65 Derwent Avenue, Mansfield, Nottinghamshire, NG18 3PD£210,000£203,000-£7,00015 May 202409 Aug 202486 Days
1 Redgate Street, Mansfield, Nottinghamshire, NG19 6ER£155,000£155,000£0019 Apr 202408 Aug 2024111 Days
25 West Bank Wynd, Mansfield, Nottinghamshire, NG19 7DQ£240,000£240,000£0005 Apr 202402 Aug 2024119 Days

Most Expensive Streets in Mansfield

PostcodeStreetAreaAverageNo. of Sales
NG18 4RELichfield LaneMansfield£695,0003
NG18 4PBNorth ParkMansfield£631,2504
NG18 5ALHigh Oakham DriveMansfield£577,6666
NG18 5AJHigh Oakham RoadMansfield£546,75012
NG18 4PNThe AvenueMansfield£543,0005
NG18 5AHHigh Oakham HillMansfield£492,0004
NG18 2ANWildflower RiseMansfield£483,06121
NG18 5ADAlexandra AvenueMansfield£482,8333
NG18 4PDThe AvenueMansfield£481,7147
NG18 4SRCroft AvenueMansfield£468,3333

Least Expensive Streets in Mansfield

PostcodeStreetAreaAverageNo. of Sales
NG18 2LUThe GranarySandy Lane£54,4005
NG18 1THNewcastle StreetMansfield£57,8333
NG18 1HQLord StreetMansfield£62,7503
NG18 5QQStockwell CourtMansfield£65,3333
NG18 1HHLord StreetMansfield£67,5003
NG19 6AYHoward RoadMansfield£74,37510
NG18 2LPHardwick StreetMansfield£75,0003
NG18 2LLGladstone StreetMansfield£75,8005
NG19 6AXHoward RoadMansfield£75,9287
NG18 2JROld Bakery WayMansfield£76,5005

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