58 Magnolia Way, Costessey, Norwich, NR8 5EH is a leasehold flat built between 2007-2011. The property offers approximately 753 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £143,168 , which equates to approximately £190 per square foot. It was last sold on 14 Apr 2021 for £135,000. Since then, the value has increased by £8,168, representing a 6.1% increase, or approximately 1.3% per year.

The current estimated value of £143,168 is:

  • 42.0% lower than the average property price on Magnolia Way
  • 40.7% lower than the average in the NR8 5EH postcode area
  • and 52.1% lower than the average price for Norwich as a whole

At the most recent EPC inspection on 27 August 2024, the property was recorded as owner-occupied.

View sold house prices in NR8 5EH

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
753 sq ft
Tenure
Leasehold
Price (estimate)
£143,168
Price Per sq ft (estimate)
£190
Bedroom Count (estimate)
2 bedrooms

EPC Summary

58 Magnolia Way, Costessey, Norwich, South Norfolk, Norfolk, NR8 5EH has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 27 Aug 2024.

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.

The previous EPC assessment was conducted on 16 Oct 2012, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 1.3%.

Since the previous assessment, several changes were observed:

  • The wall energy efficiency changing from very good to good, with the construction or insulation remaining cavity wall, as built, insulated (assumed).
  • The lighting was updated from low energy lighting in 44% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NR8 5EH

39 th / 59
Price Rank
41% lower than average
33 rd / 56
Size Rank
19% smaller than average
42 nd / 56
Price Per Sq FT Rank
27% lower than average

Compared to other properties in NR8 5EH , this flat's estimated value ranks 39th out of 59. Based on price per square foot, it ranks 42th out of 56 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 33th out of 56 properties in its postcode area.

Sale History

Today
£143,168
streetscan.co.uk estimate
+6 %
14 Apr 2021
£135,000
Leasehold
-10 %
14 Dec 2007
£149,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 743 sq ft
sale price: £152,500
sale date: 28 Jun 2024
rooms: 3
size: 646 sq ft
sale price: £185,000
sale date: 6 Oct 2023
rooms: 3
size: 667 sq ft
sale price: £165,000
sale date: 19 Aug 2022
rooms: 3
size: 646 sq ft
sale price: £155,000
sale date: 22 Apr 2022
rooms: 3
size: 646 sq ft
sale price: £120,000
sale date: 29 Jan 2021

Data Sources

The property at 58 Magnolia Way, Costessey, Norwich, NR8 5EH appears two times in the Land Registry records, with the latest transaction recorded on 14 Apr 2021. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Aug 2024. 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.