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Mansfield House Prices Mansfield House Prices

The average house price in Mansfield is £207,532 using HM Land Registry data.

The average property price increased by £47,396 (27.79%) over the last 5 years and increased by £9,473 (4.54%) over the last 12 months.

Over the last year, there were 593 residential property sales – a decrease of 439 transactions (-74.03%) relative to the previous year. The majority of house sales (146) were in the £90,000 - £138,000 range. Then came properties in the £138,000 - £186,000 range, where 137 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 62 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,075 (-2%).

In April 2024, there were 134 new estate agency instructions, 107 agreed home sales and 60 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

27.79%

Property prices in Mansfield increased by 27.79% 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

4.54%

Property prices in Mansfield increased by 4.54% 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 - April 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 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
86 Langford Road, Mansfield, Nottinghamshire, NG19 6QE£140,000£140,000£0009 Oct 202326 Feb 2024140 Days
29 Highland Road, Mansfield, Nottinghamshire, NG18 4PS£320,000£295,000-£25,00015 Oct 202323 Feb 2024131 Days
32 Little Carter Lane, Mansfield, Nottinghamshire, NG18 3AB£250,000£245,000-£5,00013 Oct 202314 Feb 2024124 Days
58 Delamere Drive, Mansfield, Nottinghamshire, NG18 4DF£360,000£330,000-£30,00007 Nov 202312 Feb 202497 Days
33 Bonington Road, Mansfield, Nottinghamshire, NG19 6QH£180,000£175,000-£5,00016 Aug 202309 Feb 2024177 Days
38 Gordondale Road, Mansfield, Nottinghamshire, NG19 7DG£220,000£215,000-£5,00002 Aug 202309 Feb 2024191 Days
73 Brick Kiln Lane, Mansfield, Nottinghamshire, NG18 5JY£140,000£140,000£0018 Sep 202309 Feb 2024144 Days
14 Sadler Street, Mansfield, Nottinghamshire, NG19 6AL£105,000£56,250-£48,75028 Jun 202302 Feb 2024219 Days
7 Gedling Street, Mansfield, Nottinghamshire, NG18 4AH£95,000£89,000-£6,00010 Oct 202301 Feb 2024114 Days
51 Scarcliffe Street, Mansfield, Nottinghamshire, NG18 2PU£125,000£110,000-£15,00010 Oct 202301 Feb 2024114 Days
51 Birch Grove, Mansfield, Nottinghamshire, NG18 4JH£450,000£417,000-£33,00021 Jul 202331 Jan 2024194 Days
113 Ladybrook Lane, Mansfield, Nottinghamshire, NG18 5JH£100,000£90,000-£10,00029 Jun 202326 Jan 2024211 Days
37 Brunt Street, Mansfield, Nottinghamshire, NG18 1AX£172,950£170,000-£2,95003 Nov 202323 Jan 202481 Days
24 Allington Drive, Mansfield, Nottinghamshire, NG19 6NA£350,000£345,000-£5,00015 Aug 202318 Jan 2024156 Days
96 Bonington Road, Mansfield, Nottinghamshire, NG19 6QQ£170,000£170,000£0024 Jul 202312 Jan 2024172 Days
11 Opal Close, Mansfield, Nottinghamshire, NG18 4XD£300,000£290,000-£10,00001 Sep 202312 Jan 2024133 Days
190 Chesterfield Road North, Mansfield, Nottinghamshire, NG19 7JD£200,000£190,750-£9,25002 Feb 202318 Dec 2023319 Days
9 Berwick Avenue, Mansfield, Nottinghamshire, NG19 6ND£210,000£200,000-£10,00018 Jul 202315 Dec 2023150 Days
247 Sutton Road, Mansfield, Nottinghamshire, NG18 5HR£250,000£245,000-£5,00010 Jul 202315 Dec 2023158 Days
53 Budby Avenue, Mansfield, Nottinghamshire, NG18 3JA£240,000£236,500-£3,50017 Oct 202308 Dec 202352 Days

Most Expensive Streets in Mansfield

PostcodeStreetAreaAverageNo. of Sales
NG18 4PBNorth ParkMansfield£631,2504
NG18 4PNThe AvenueMansfield£543,0005
NG18 5AJHigh Oakham RoadMansfield£514,07613
NG18 5ADAlexandra AvenueMansfield£499,6254
NG18 2ANWildflower RiseMansfield£482,33119
NG18 4RDLichfield LaneMansfield£480,0003
NG18 5ALHigh Oakham DriveMansfield£466,5004
NG18 4JRBerry Hill LaneMansfield£456,6653
NG18 5GZKings Lodge DriveMansfield£450,6605
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 1HJBishop StreetMansfield£61,5003
NG18 3PXBamford DriveMansfield£61,6503
NG18 1HQLord StreetMansfield£62,7503
NG18 5QQStockwell CourtMansfield£65,3333
NG18 5RYVictoria StreetMansfield£66,8333
NG18 1HHLord StreetMansfield£67,5003
NG18 2AJNursery CourtNursery Street, Mansfield£71,3333
NG18 2LLGladstone StreetMansfield£71,5006

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