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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 8, Magna Close, Nottingham is a mid-century house with 731 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Magna Close, Nottingham is £292,538 and the estimated rental value is £1,259 per month.
Magna Close, Lowdham, Nottingham, NG14 is located in the borough of Newark and Sherwood within the NG14 postal district.
8, Magna Close, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated July 2022.
We combine this information with public data 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8, Magna Close, Nottingham is in very good condition we estimate a sale value of £307,165 and a rental value of £1,322 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,060 and a rental value of £1,171 per month.
Over the last 12 months the sale value of 8 Magna Close Nottingham has decreased by an estimated £4,213 (1.4%) and its rental value has increased by an estimated £14 per month (1.1%), giving an expected gross yield of 5.2%.
8, Magna Close, Nottingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Magna Close, Nottingham within a radius of 2.8 kilometres over the last 2 years.
The most recent example is 37, Lime Tree Gardens, Nottingham, NG14 7DJ, a freehold house which sold for £295,000 on the 6th January 2023.
Read more about house prices in NG14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Magna Close, Lowdham, Nottingham, NG14 has a total of 12 addresses. According to our analysis of all the public data, 8, Magna Close, Nottingham is the 10th largest and the most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in NG14.
The closest station to 8, Magna Close, Nottingham is Lowdham station which is 500 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Magna Close, Nottingham, 51.2% of property is privately owned outright and 30.1% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 8, Magna Close, Nottingham, 16.7% of residents are recorded as possessing school level qualifications and 42.0% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8, Magna Close, Nottingham, the average age was 47.1 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 8, Magna Close, Nottingham, 0.8% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 8, Magna Close, Nottingham, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
