17, Magnolia Close
17, Magnolia Close
Description & Estimates
17, Magnolia Close, Nottingham is recorded publicly as a modern leasehold house across 441 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 17, Magnolia Close, Nottingham is £113,310 and its rental estimate is £760 per month, given the available information and assuming reasonable condition.
Magnolia Close, Nottingham, NG8 falls within the NG8 postal district.
Our Data Sources
17, Magnolia Close, Nottingham has a single entry in the Land Registry from October 2012 and a single entry in the EPC database dated April 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 17, Magnolia Close, Nottingham, we estimate a market value of £118,975 and a rental value of £798 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £105,378 and £707 per month respectively.
Recent Market Change
Over the last year, 17, Magnolia Close, Nottingham has seen its estimated sale value move down by £2,680 (2.4%) and its estimated rental value increase by £13 per month (1.8%). This results in an estimated gross rental yield of 8.1%.
Energy Efficiency
17, Magnolia Close, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Apr 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 17, Magnolia Close, Nottingham completed on 5th October 2012 at £51,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 148.3% over the period since October 2012.
- Sold Oct 2012£51,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 17, Magnolia Close, Nottingham have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th June 2024, was 17, Honeysuckle Close, Nottingham, NG8 6GF, a leasehold house which sold for £125,000.
Read more about house prices in NG8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 13 addresses on Magnolia Close, Nottingham, NG8, 17, Magnolia Close, Nottingham comes out as the 8th largest and the 9th most expensive in our analysis of the public data.
It is also £120k less expensive than the average property across the NG8 district.
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Schools Nearby
- 300mBrocklewood Primary and Nursery School
- 500mJubilee L.E.A.D. Academy
- 700mDjanogly Strelley Academy
- 1.0kmThe Trinity Catholic School A Voluntary Academy
- 1.1kmBluecoat Beechdale Academy
- 1.4kmNottingham University Samworth Academy
More reading links
Public Transport Nearby
From 17, Magnolia Close, Nottingham, the nearest station is Bulwell, 3.3 kilometres away.
- 3.3kmBulwell
- 4.9kmIlkeston
- 5.9kmNottingham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
