16 Magnolia Way, Costessey, Norwich, NR8 5EH is a leasehold flat built between 2003-2006. The property offers approximately 398 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £134,139 , which equates to approximately £337 per square foot. It was last sold on 7 Apr 2022 for £134,000. Since then, the value has increased by £139, representing a 0.1% increase, or approximately 0.0% per year.

The current estimated value of £134,139 is:

  • 45.6% lower than the average property price on Magnolia Way
  • 44.4% lower than the average in the NR8 5EH postcode area
  • and 55.1% lower than the average price for Norwich as a whole

View sold house prices in NR8 5EH

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
398 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£134,139
Price Per sq ft (estimate)
£337
Bedroom Count (estimate)
1 bedroom

EPC Summary

16 Magnolia Way, Costessey, Norwich, South Norfolk, Norfolk, NR8 5EH has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 17 Apr 2014.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to NR8 5EH

56 th / 59
Price Rank
44% lower than average
55 th / 56
Size Rank
57% smaller than average
6 th / 56
Price Per Sq FT Rank
30% higher than average

Compared to other properties in NR8 5EH , this flat's estimated value ranks 56th out of 59. Based on price per square foot, it ranks 6th out of 56 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 55th out of 56 properties in its postcode area.

Sale History

Today
£134,139
streetscan.co.uk estimate
+0 %
7 Apr 2022
£134,000
Leasehold
+27.6 %
25 Oct 2019
£105,000
Leasehold
-4.5 %
25 Sep 2017
£110,000
Leasehold
-6 %
14 Dec 2006
£116,995
Leasehold

Area Insights

Similar Properties Sold Nearby

11 Magnolia Way, Costessey, Norwich, NR8 5EH
rooms: 3
size: 388 sq ft
sale price: £106,000
sale date: 18 Jul 2016

Data Sources

The property at 16 Magnolia Way, Costessey, Norwich, NR8 5EH appears four times in the Land Registry records, with the latest transaction recorded on 7 Apr 2022. It also has a single Energy Performance Certificate (EPC) from 17 Apr 2014. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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