124, Magdalen Road
124, Magdalen Road
Description & Estimates
Public records show 124, Magdalen Road, Norwich to be a modern leasehold apartment with 602 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
124, Magdalen Road, Norwich has an estimated sale value of £168,805 and an estimated rental value of £801 per month, assuming reasonable condition and based on the information available.
The apartment sits within 124, Magdalen Road, Norwich, NR3.
Magdalen Road, Norwich, NR3 lies in the borough of Norwich, within the NR3 postal district.
Our Data Sources
124, Magdalen Road, Norwich has a single entry in the Land Registry from November 2019 and a single entry in the EPC database dated September 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 124, Magdalen Road, Norwich would be worth £177,245, with a potential rental value of £841 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £156,988, with a rental value of £745 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 124, Magdalen Road, Norwich has declined by £248 (0.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £28 (3.5%). The property's estimated gross yield is currently 5.7%.
Energy Efficiency
124, Magdalen Road, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Sep 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
124, Magdalen Road, Norwich last changed hands on 15th November 2019, selling for £160,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 4.6% since November 2019.
- Sold Nov 2019£160,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 350 metres of 124, Magdalen Road, Norwich across the last 2 years.
Most recently, 124E, Magdalen Road, Norwich, NR3 4AN, a leasehold flat, sold at £160,000 on the 5th January 2024.
Read more about house prices in NR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 124, Magdalen Road, Norwich as the 111th largest and the 116th most expensive of the 163 addresses on Magdalen Road, Norwich, NR3.
Against the NR3 postcode district average, it is £40k less expensive than the typical property.
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Schools Nearby
- 300mAngel Road Junior School
- 300mAngel Road Infant School
- 400mMagdalen Gates Primary School
- 500mSewell Park Academy
- 1.1kmJane Austen College
- 2.0kmThe Open Academy
More reading links
Public Transport Nearby
Norwich station is the nearest stop to 124, Magdalen Road, Norwich at 1.8 kilometres away.
- 1.8kmNorwich
- 7.4kmSalhouse
- 8.5kmBrundall Gardens
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
