# NG18 5GL Area Summary
The NG18 5GL postcode is located in Mansfield, Nottinghamshire, covering parts of the town's residential areas. With 79 properties analysed and an average price of just £59,317, this area represents one of the most affordable segments of the UK property market. These significantly below-average prices typically indicate a predominance of ex-local authority housing, leasehold flats, or properties requiring modernisation.
The exceptionally low average property value suggests this area offers substantial opportunities for first-time buyers, buy-to-let investors, and those seeking entry-level housing in the East Midlands. Mansfield has historically been a former mining town with strong industrial heritage, and certain pockets continue to offer budget-conscious housing options. Properties at this price point may include studio flats, one-bedroom apartments, or smaller terraced houses, often requiring refurbishment. Whilst capital appreciation has traditionally been modest in this price bracket, the area benefits from reasonable transport links and local amenities typical of an established Nottinghamshire town.
Potential buyers should conduct thorough due diligence regarding property condition, tenure type, and any associated service charges or ground rents that could affect overall affordability.
The average house price in NG18 5GL, Mansfield is £59,317. Prices range from £39,000 to £81,724.
There are 79 properties in NG18 5GL, Mansfield.
NG18 5GL contains 79 flat / maisonette properties.
Average house prices in NG18 5GL have fallen by 5.4% from £59,687 in 2014 to £56,475 in 2024.
NG18 5GL is located in Mansfield, Nottinghamshire, England.
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