5, Magnolia Way
5, Magnolia Way
Description & Estimates
The public record describes 5, Magnolia Way, Scunthorpe as a mid-century house with 936 ft2 of internal area, sitting on a 264 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Magnolia Way, Scunthorpe has an estimated sale value of £113,953 and an estimated rental value of £671 per month, assuming reasonable condition and based on the information available.
Magnolia Way, Scunthorpe, DN16 lies within the DN16 postal district.
Our Data Sources
5, Magnolia Way, Scunthorpe has no recent1 records in the the Land Registry and a single entry in the EPC database dated November 2012.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 5, Magnolia Way, Scunthorpe would be worth £119,651, with a potential rental value of £705 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £105,976, with a rental value of £624 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 5, Magnolia Way, Scunthorpe has dropped by £370 (0.3%) over the last year. During the same period, its estimated monthly rental value has risen by £29 (4.3%). The property's estimated gross yield is currently 7.1%.
Plot Size
5, Magnolia Way, Scunthorpe occupies a 264 m2 plot as recorded by HM Land Registry.
All 7 other houses in this postcode have recorded plot sizes, and this one ranks as the 6th largest.
Energy Efficiency
5, Magnolia Way, Scunthorpe has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Nov 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
5, Magnolia Way, Scunthorpe last changed hands on 8th December 2004, selling for £74,950. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Dec 2004£74,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of 5, Magnolia Way, Scunthorpe across the last 2 years.
Most recently, 33, Revesby Avenue, Scunthorpe, DN16 2DG, a freehold house, sold at £171,000 on the 14th July 2023.
Read more about house prices in DN16.
•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 5, Magnolia Way, Scunthorpe as the 5th largest and the 6th most expensive of the 7 addresses on Magnolia Way, Scunthorpe, DN16.
Against the DN16 postcode district average, it is £34k less expensive than the typical property.
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Schools Nearby
- 200mLincoln Gardens Primary School
- 600mOutwood Junior Academy Brumby
- 800mBushfield Road Infant School
- 500mSt Bede's Catholic Voluntary Academy
- 700mOutwood Academy Brumby
- 1.0kmMelior Community Academy
More reading links
Public Transport Nearby
Scunthorpe station is the nearest stop to 5, Magnolia Way, Scunthorpe at 1.5 kilometres away.
- 1.5kmScunthorpe
- 5.7kmAlthorpe
- 10.4kmKirton Lindsey
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.
