4, Magnolia Way
4, Magnolia Way
Description & Estimates
4, Magnolia Way, Shildon is recorded publicly as a mid-century freehold house across 775 ft2 of internal area, sitting on a 165 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Magnolia Way, Shildon is £59,941 and its rental estimate is £452 per month, given the available information and assuming reasonable condition.
Magnolia Way, Shildon, DL4 falls within the DL4 postal district.
Our Data Sources
4, Magnolia Way, Shildon has a single entry in the Land Registry from December 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 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 4, Magnolia Way, Shildon, we estimate a market value of £62,938 and a rental value of £474 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £55,745 and £420 per month respectively.
Recent Market Change
Over the last year, 4, Magnolia Way, Shildon has seen its estimated sale value increase by £79 (0.1%) and its estimated rental value grow by £14 per month (3.0%). This results in an estimated gross rental yield of 9.0%.
Plot Size
HM Land Registry records the plot of land for 4, Magnolia Way, Shildon as measuring 165 m2.
That makes it the 12th largest plot in the postcode, where 21 of the 29 other houses have recorded plot data.
Energy Efficiency
4, Magnolia Way, Shildon has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Sep 2019.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 4, Magnolia Way, Shildon completed on 17th December 2019 at £33,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 58.5% over the period since December 2019.
- Sold Dec 2019£33,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Magnolia Way, Shildon have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th September 2021, was 23, Magnolia Way, Shildon, DL4 2AH, a freehold house which sold for £53,000.
Read more about house prices in DL4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 29 addresses on Magnolia Way, Shildon, DL4, 4, Magnolia Way, Shildon comes out as the 23rd largest and the 27th most expensive in our analysis of the public data.
It is also £58k less expensive than the average property across the DL4 district.
More reading links
Schools Nearby
- 400mSt John's Church of England Aided Primary School, Shildon
- 800mTimothy Hackworth Primary School
- 1.2kmThornhill Primary School
- 2.6kmGreenfield Academy
- 4.0kmKing James I Academy Bishop Auckland
- 4.2kmSt John's Catholic School & Sixth Form College
More reading links
Public Transport Nearby
From 4, Magnolia Way, Shildon, the nearest station is Shildon, 300 metres away.
- 300mShildon
- 3.6kmNewton Aycliffe
- 4.0kmBishop Auckland
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.
