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House Valuation/11 Olive Grove, Forest Town, Mansfield, NG19 0AP

11 Olive Grove, Forest Town, Mansfield, NG19 0AP

NG19 0APProperty

AI-Powered Estimated Value

£233,000

This is an automated estimate. For an accurate, in-person valuation from a local estate agent — completely free and with no obligation — request one below.

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Valuation Confidence

How much data supports this estimate

90%High Confidence

We have strong data coverage for this property, making this one of our more reliable estimates.

What drives this confidence score

AI valuation generatedhigh
Floor area from EPChigh
Previous sale historyhigh
Recent EPC inspectionmedium
Local comparable sales (22 found)high
Property type classifiedmedium
Bedroom count availablemedium

How We Calculated This Valuation

Real accuracy stats and what went into this estimate

Built on 2B+ Datapoints

Validated against actual sale prices the model never saw — not a back-test on training data

Half Within £13,558

Median error of 4.74% — that's the midpoint across all test valuations, not a best case

3 in 4 Within 10%

75.4% of valuations land within 10% of the actual sale price

No Directional Bias

50.1% above, 49.9% below — the model doesn't systematically over or undervalue

Data Inputs for This Property

Floor area

86 m²

Bedrooms

3

Property type

Unknown

EPC rating

C (69/100)

Council tax band

B

HPI region

Mansfield

Previous sales

2 recorded

Local comparables

8 in postcode

EPC-Derived Features

Built form

Detached

Construction age

England and Wales: 1976-1982

Habitable rooms

5

Heated rooms

5

Main fuel

mains gas (not community)

Mains gas

Yes

How we know this works

Built on over 2 billion datapoints, the model was tested against actual property sales it had never seen during training. Half our valuations landed within £13,558 of the final sale price. Three quarters were within 10%, and 93% within 20%. Nearly 1 in 5 were accurate to within 1%. Crucially, the model has no systematic lean in either direction — it's as likely to be slightly above as slightly below.

What goes into the estimate

Each valuation draws on over 250 data points: what comparable properties nearby actually sold for (assessed by size match, recency, and a blend of both), the property's floor area, build type, age, energy performance, and council tax band, plus how prices in the Mansfield region have moved. Land Registry records 22 transactions in this postcode, and an EPC is available for this property.

Kept current between data releases

House price data always lags slightly behind the real market. To close that gap, the estimate is forward-adjusted using the latest UK House Price Index for the Mansfield region, so the figure reflects current conditions rather than what things looked like six months ago.

This is an automated estimate produced by a statistical model and should not be used as a formal valuation. For mortgage, legal, or transactional purposes, please obtain a RICS-accredited valuation from a qualified surveyor.

Comparable Sales in NG19 0AP

Recent transactions near this property used as valuation inputs

Sold Dec 202497£1,552/m²

£150,500

-43% /m²
Sold Aug 202486£1,744/m²

£150,000

-36% /m²
Sold May 202468£3,309/m²

£225,000

+22% /m²
Sold Apr 202367£3,433/m²

£230,000

+27% /m²
Sold Mar 201889£2,056/m²

£183,000

-24% /m²
Sold Jan 201791£1,720/m²

£156,500

-37% /m²
Sold Dec 201585£1,335/m²

£113,500

-51% /m²
Sold Aug 201587£1,034/m²

£90,000

-62% /m²

Showing the 8 most relevant recent transactions in the NG19 0AP postcode. These comparable sales, along with sector-level data and market indices, inform the valuation model.

Price Per Square Foot

How this property compares to the NG19 0AP average

This property

£252/sqft

926 sqft total

NG19 0AP average

£173/sqft

Based on 10 properties

vs postcode average

+46%

Above average for this postcode

Price History & Market Context

Transaction history and local pricing trends

This Property's Sales History

May 2013£127,950
Aug 1999£56,000

+£105,050 since last sale

+82.1% change vs estimated value

House Price Index — Mansfield

100.9

index value

-1.8% change over period

Recent Sales Near NG19 0AP

Dec 2024£150,500
Aug 2024£150,000
May 2024£225,000
Apr 2023£230,000
Jul 2021£122,500

Financial Calculators

Pre-populated with the estimated value of £233,000

Stamp Duty (SDLT)

Stamp duty payable£0

Effective rate: 0.00%

Full stamp duty calculator

Mortgage Repayments

Monthly repayment£1,165.58
Loan amount£209,700
Loan-to-value90%
Total interest£139,974
Total repayment£349,674
Full mortgage calculator

Frequently Asked Questions

Common questions about this valuation

Want to know more about this property?

View the full property page for EPC ratings, crime statistics, school data, transport links, and more.