60 Magnolia Way, Costessey, Norwich, NR8 5EH is a leasehold flat built between 2007-2011. The property offers approximately 592 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £154,590 , which equates to approximately £261 per square foot. It was last sold on 21 Jan 2014 for £106,000. Since then, the value has increased by £48,590, representing a 45.8% increase, or approximately 3.9% per year.

The current estimated value of £154,590 is:

  • 37.3% lower than the average property price on Magnolia Way
  • 35.9% lower than the average in the NR8 5EH postcode area
  • and 48.3% lower than the average price for Norwich as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 7 July 2021, 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
592 sq ft
Tenure
Leasehold
Price (estimate)
£154,590
Price Per sq ft (estimate)
£261
Bedroom Count (estimate)
1 bedroom

EPC Summary

60 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 7 Jul 2021.

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 8 Sep 2011, and the property received the same rating of B with an unchanged energy efficiency score of 81.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NR8 5EH

57 th / 59
Price Rank
36% lower than average
47 th / 56
Size Rank
37% smaller than average
38 th / 56
Price Per Sq FT Rank
1% higher than average

Compared to other properties in NR8 5EH , this flat's estimated value ranks 57th out of 59. Based on price per square foot, it ranks 38th 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 47th out of 56 properties in its postcode area.

Sale History

Today
£154,590
streetscan.co.uk estimate
+46 %
21 Jan 2014
£106,000
Leasehold
-5.4 %
2 May 2008
£112,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 560 sq ft
sale price: £135,000
sale date: 3 May 2024
rooms: 3
size: 646 sq ft
sale price: £185,000
sale date: 6 Oct 2023
rooms: 3
size: 560 sq ft
sale price: £143,000
sale date: 30 Nov 2022
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

Data Sources

The property at 60 Magnolia Way, Costessey, Norwich, NR8 5EH appears two times in the Land Registry records, with the latest transaction recorded on 21 Jan 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Jul 2021. 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.