6, Magnolia Way
6, Magnolia Way
Description & Estimates
Public records show 6, Magnolia Way, Shildon to be a mid-century freehold house with 775 ft2 of internal area, sitting on a 142 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
6, Magnolia Way, Shildon has an estimated sale value of £59,941 and an estimated rental value of £452 per month, assuming reasonable condition and based on the information available.
Magnolia Way, Shildon, DL4 lies within the DL4 postal district.
Our Data Sources
6, Magnolia Way, Shildon has 51 entries in the Land Registry , most recently in August 2021 and a single entry in the EPC database dated August 2021.
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
In very good condition, we estimate 6, Magnolia Way, Shildon would be worth £62,938, with a potential rental value of £474 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £55,745, with a rental value of £420 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 6, Magnolia Way, Shildon has climbed by £79 (0.1%) over the last year. During the same period, its estimated monthly rental value has risen by £14 (3.0%). The property's estimated gross yield is currently 9.0%.
Plot Size
6, Magnolia Way, Shildon occupies a 142 m2 plot as recorded by HM Land Registry.
Of the 29 other houses in this postcode, 21 have recorded plot sizes, and this one ranks as the 21st largest.
Energy Efficiency
6, Magnolia Way, Shildon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Aug 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
6, Magnolia Way, Shildon last changed hands on 12th August 2021, selling for £62,500. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 5 times since 1995.
The market for similar properties has risen by 46.6% since August 2021.
- Sold Aug 2021£62,500
- Sold Jul 2011£40,500
- Sold Sep 2006£53,125
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 570 metres of 6, Magnolia Way, Shildon across the last 2 years.
Most recently, 23, Magnolia Way, Shildon, DL4 2AH, a freehold house, sold at £53,000 on the 24th September 2021.
Read more about house prices in DL4.
•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 6, Magnolia Way, Shildon as the 22nd largest and the 26th most expensive of the 29 addresses on Magnolia Way, Shildon, DL4.
Against the DL4 postcode district average, it is £58k less expensive than the typical property.
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
Shildon station is the nearest stop to 6, Magnolia Way, Shildon at 300 metres away.
- 300mShildon
- 3.6kmNewton Aycliffe
- 4.0kmBishop Auckland
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.
