7, Magpie Lane
7, Magpie Lane
Description & Estimates
7, Magpie Lane, Eastleigh is described in the public record as a modern house with 688 ft2 of internal area, sitting on a 154 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 7, Magpie Lane, Eastleigh is £290,953 and its rental estimate is £1,383 per month, given the available information and assuming reasonable condition.
Magpie Lane, Eastleigh, SO50 falls within the SO50 postal district, in the borough of Eastleigh.
Our Data Sources
7, Magpie Lane, Eastleigh has no records in the the Land Registry and a single entry in the EPC database dated June 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 7, Magpie Lane, Eastleigh, we estimate a market value of £305,501 and a rental value of £1,452 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £270,586 and £1,286 per month respectively.
Recent Market Change
Over the last year, 7, Magpie Lane, Eastleigh has seen its estimated sale value drop by £6,782 (2.3%) and its estimated rental value rise by £55 per month (4.0%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for 7, Magpie Lane, Eastleigh as measuring 154 m2.
That makes it the 14th largest plot in the postcode, where 15 of the 20 other houses have recorded plot data.
Energy Efficiency
7, Magpie Lane, Eastleigh has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jun 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Magpie Lane, Eastleigh have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th August 2023, was 3, Cedar Road, Eastleigh, SO50 9NR, a freehold house which sold for £287,000.
Read more about house prices in SO50.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 76 addresses on Magpie Lane, Eastleigh, SO50, 7, Magpie Lane, Eastleigh comes out as the 67th largest and the 56th most expensive in our analysis of the public data.
It is also £38k less expensive than the average property across the SO50 district.
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Schools Nearby
- 700mNightingale Primary School
- 700mStoneham Park Primary Academy
- 1.0kmCherbourg Primary School
- 1.8kmThe Toynbee School
- 2.0kmSaint George Catholic Voluntary Aided College Southampton
- 2.0kmCrestwood Community School
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Public Transport Nearby
From 7, Magpie Lane, Eastleigh, the nearest station is Southampton Airport Parkway, 1.4 kilometres away.
- 1.4kmSouthampton Airport Parkway
- 1.7kmEastleigh
- 2.4kmSwaythling
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
