1B, Magdalen Close
1B, Magdalen Close
Description & Estimates
1B, Magdalen Close, Norwich is recorded publicly as a modern freehold house across 365 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 1B, Magdalen Close, Norwich is £164,238 and its rental estimate is £688 per month, given the available information and assuming reasonable condition.
Magdalen Close, Norwich, NR3 falls within the NR3 postal district, in the borough of Norwich.
Our Data Sources
1B, Magdalen Close, Norwich has a single entry in the Land Registry from January 2017 and a single entry in the EPC database dated July 2013.
We combine this information with that 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
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 1B, Magdalen Close, Norwich, we estimate a market value of £172,450 and a rental value of £722 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £152,742 and £640 per month respectively.
Recent Market Change
Over the last year, 1B, Magdalen Close, Norwich has seen its estimated sale value fall by £2,004 (1.2%) and its estimated rental value move up by £18 per month (2.6%). This results in an estimated gross rental yield of 5.0%.
Energy Efficiency
1B, Magdalen Close, Norwich has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jul 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 1B, Magdalen Close, Norwich completed on 17th January 2017 at £122,500 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 26.9% over the period since January 2017.
- Sold Jan 2017£122,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1B, Magdalen Close, Norwich have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th August 2021, was 3A, Bull Close, Norwich, NR3 1SX, a freehold house which sold for £160,000.
Read more about house prices in NR3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 62 addresses on Magdalen Close, Norwich, NR3, 1B, Magdalen Close, Norwich comes out as the 62nd largest and the 2nd most expensive in our analysis of the public data.
It is also £44k less expensive than the average property across the NR3 district.
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Schools Nearby
- 100mMagdalen Gates Primary School
- 600mGeorge White Junior School
- 600mAngel Road Junior School
- 600mJane Austen College
- 1.0kmSewell Park Academy
- 1.7kmNotre Dame High School, Norwich
More reading links
Public Transport Nearby
From 1B, Magdalen Close, Norwich, the nearest station is Norwich, 1.3 kilometres away.
- 1.3kmNorwich
- 7.6kmSalhouse
- 8.3kmBrundall Gardens
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 very low, based on Environment Agency data.
