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Mansfield House Prices Mansfield House Prices

The average house price in Mansfield is £173,987 using HM Land Registry data.

The average property price increased by £41,616 (23.81%) over the last 5 years and increased by £8,319 (4%) over the last 12 months.

Over the last year, there were 631 residential property sales – a decrease of 371 transactions (-58.80%) relative to the previous year. The majority of house sales (153) were in the £138,000 - £186,000 range. Then came properties in the £90,000 - £138,000 range, where 152 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,075 (-2%).

In Oct 24, there were new estate agency instructions, agreed home sales and 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

23.81%

Property prices in Mansfield increased by 23.81% 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

4%

Property prices in Mansfield increased by 4% 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 - Oct 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
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
1 Kingfisher Road, Mansfield, Nottinghamshire, NG19 6EG£360,000£347,900-£12,10031 Jan 202401 Aug 2024183 Days
3 Kingfisher Road, Mansfield, Nottinghamshire, NG19 6EG£289,995£289,000-£99516 Feb 202401 Aug 2024167 Days
120 Victoria Street, Mansfield, Nottinghamshire, NG18 5RY£100,000£95,000-£5,00015 Mar 202431 Jul 2024138 Days
5 Quarry Dale View, Mansfield, Nottinghamshire, NG18 4UL£250,000£250,000£0018 Mar 202430 Jul 2024134 Days
7 Wingfield Road, Mansfield, Nottinghamshire, NG18 3HT£325,000£322,500-£2,50004 Mar 202430 Jul 2024148 Days
19 Brick Kiln Lane, Mansfield, Nottinghamshire, NG18 5LA£240,000£237,500-£2,50021 Feb 202429 Jul 2024159 Days
18 Newport Crescent, Mansfield, Nottinghamshire, NG19 6BY£170,000£160,000-£10,00011 Oct 202326 Jul 2024289 Days
175 Southwell Road West, Mansfield, Nottinghamshire, NG18 4HD£290,000£280,000-£10,00026 Dec 202326 Jul 2024213 Days
20 St Catherine Street, Mansfield, Nottinghamshire, NG18 2RF£150,000£150,000£0001 Jun 202325 Jul 2024420 Days
129 Little Barn Lane, Mansfield, Nottinghamshire, NG18 3JS£220,000£220,000£0001 Feb 202422 Jul 2024172 Days
2 Berry Park Lea, Mansfield, Nottinghamshire, NG18 4RN£324,995£308,000-£16,99529 Nov 202322 Jul 2024236 Days
40 St Johns View, Mansfield, Nottinghamshire, NG18 1QP£110,000£110,000£0029 Feb 202419 Jul 2024141 Days
47 Sadler Street, Mansfield, Nottinghamshire, NG19 6AJ£120,000£120,000£0009 Feb 202416 Jul 2024158 Days
6 Penzance Place, Mansfield, Nottinghamshire, NG18 3ER£210,000£206,000-£4,00008 Feb 202412 Jul 2024155 Days
30 Cranmer Grove, Mansfield, Nottinghamshire, NG19 7JR£260,000£255,000-£5,00010 Nov 202311 Jul 2024244 Days
5 Blythe Close, Mansfield, Nottinghamshire, NG19 6NP£220,000£215,000-£5,00030 Jan 202410 Jul 2024162 Days
238 Berry Hill Lane, Mansfield, Nottinghamshire, NG18 4JP£295,000£295,000£0012 Dec 202308 Jul 2024209 Days

Most Expensive Streets in Mansfield

PostcodeStreetAreaAverageNo. of Sales
NG18 4PBNorth ParkMansfield£631,2504
NG18 4PNThe AvenueMansfield£543,0005
NG18 5AJHigh Oakham RoadMansfield£521,50012
NG18 5ADAlexandra AvenueMansfield£499,6254
NG18 5AHHigh Oakham HillMansfield£492,0004
NG18 2ANWildflower RiseMansfield£484,71420
NG18 4PDThe AvenueMansfield£481,7147
NG18 5ALHigh Oakham DriveMansfield£466,5004
NG18 4JRBerry Hill LaneMansfield£456,6653
NG18 4PRParkland CloseMansfield£446,8333

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
NG18 2AJNursery CourtNursery Street, Mansfield£71,3333
NG18 2LLGladstone StreetMansfield£71,5006
NG18 5SHMoor StreetMansfield£72,5333
NG18 1QFThoresby StreetMansfield£73,8754
NG19 6AYHoward RoadMansfield£74,37510

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