18, Magnolia Close
18, Magnolia Close
Description & Estimates
18, Magnolia Close, Nottingham is recorded publicly as a modern leasehold house across 452 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 18, Magnolia Close, Nottingham is £114,686 and its rental estimate is £770 per month, given the available information and assuming reasonable condition.
Magnolia Close, Nottingham, NG8 falls within the NG8 postal district.
Our Data Sources
18, Magnolia Close, Nottingham has 31 entries in the Land Registry , most recently in March 2024 and a single entry in the EPC database dated July 2018.
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 18, Magnolia Close, Nottingham, we estimate a market value of £120,420 and a rental value of £808 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £106,658 and £716 per month respectively.
Recent Market Change
Over the last year, 18, Magnolia Close, Nottingham has seen its estimated sale value drop by £2,712 (2.4%) and its estimated rental value rise by £14 per month (1.8%). This results in an estimated gross rental yield of 8.1%.
Energy Efficiency
18, Magnolia Close, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jul 2018.
The property is 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 18, Magnolia Close, Nottingham completed on 28th March 2024 at £95,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 19.5% over the period since March 2024.
- Sold Mar 2024£95,000
- Sold Jul 2021£90,000
- Sold Feb 2001£31,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 18, 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, 18, Magnolia Close, Nottingham comes out as the 6th largest and the 7th most expensive in our analysis of the public data.
It is also £119k 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 18, 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.
