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Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 5, 44, Magdala Road, Nottingham is a period leasehold apartment with 990 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 5, 44, Magdala Road, Nottingham is £248,232 and the estimated rental value is £1,009 per month.
The apartment is within 44, Magdala Road, Nottingham, NG3.
Magdala Road, Nottingham, NG3 is located within the NG3 postal district.
Flat 5, 44, Magdala Road, Nottingham has 61 entries in the Land Registry , most recently in January 2021 and a single entry in the EPC database dated June 2014.
We combine this information with that 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.
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 Flat 5, 44, Magdala Road, Nottingham is in very good condition we estimate a sale value of £260,644 and a rental value of £1,059 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,856 and a rental value of £938 per month.
Over the last 12 months the sale value of Flat 5 44 Magdala Road Nottingham has decreased by an estimated £1,648 (0.7%) and its rental value has increased by an estimated £29 per month (2.9%), giving an expected gross yield of 4.9%.
Flat 5, 44, Magdala Road, Nottingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Jun 2014.
The property is not connected to mains gas and has multiple glazing throughout. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 5, 44, Magdala Road, Nottingham was last sold on 7th January 2021 for £245,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since January 2021, the market for similar properties has dropped 13.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 44, Magdala Road, Nottingham within a radius of 470 metres over the last 2 years.
The most recent example is 54B , Mapperley Road, Nottingham, NG3 5AS, a leasehold flat which sold for £232,500 on the 9th August 2024.
Read more about house prices in NG3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Magdala Road, Nottingham, NG3 has a total of 184 addresses. According to our analysis of all the public data, Flat 5, 44, Magdala Road, Nottingham is the 54th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £30k more expensive than the average property in NG3.
The closest station to Flat 5, 44, Magdala Road, Nottingham is Nottingham station which is 2.5 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, 44, Magdala Road, Nottingham, 48.5% of property is privately rented and 23.9% is privately owned outright.
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 Flat 5, 44, Magdala Road, Nottingham, 17.9% of residents are recorded as possessing school level qualifications and 65.8% 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 Flat 5, 44, Magdala Road, Nottingham, the average age was 38 and the most common age was 22.
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 Flat 5, 44, Magdala Road, Nottingham, 1.9% 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 Flat 5, 44, Magdala Road, Nottingham, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
