Flat 5, Richmond Court, 40 Magdala Road, Nottingham, NG3 5DF is a leasehold flat built between 1900-1929. The property offers approximately 1,281 square feet of living space. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £310,601 , which equates to approximately £242 per square foot. It was last sold on 21 Feb 2019 for £237,500. Since then, the value has increased by £73,101, representing a 30.8% increase, or approximately 4.5% per year.

The current estimated value of £310,601 is:

  • 5.3% higher than the average property price on Magdala Road
  • 3.5% higher than the average in the NG3 5DF postcode area
  • and 7.9% lower than the average price for Nottingham as a whole

At the most recent EPC inspection on 16 August 2018, the property was recorded as owner-occupied.

View sold house prices in NG3 5DF

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
1281 sq ft
Tenure
Leasehold
Price (estimate)
£310,601
Price Per sq ft (estimate)
£242
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Flat 5, Richmond Court, 40 Magdala Road, Nottingham, City Of Nottingham, Nottinghamshire, NG3 5DF has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 16 Aug 2018.

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 the main heating system, though the cylinder has no thermostat. The windows are single glazed.

The previous EPC assessment was conducted on 28 Oct 2008. The rating of E remains the same, but the energy efficiency score improved by 10.6%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from good to average.
  • The lighting was updated from no low energy lighting to low energy lighting in 75% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to NG3 5DF

10 th / 73
Price Rank
3% higher than average
8 th / 54
Size Rank
57% bigger than average
15 th / 54
Price Per Sq FT Rank
34% lower than average

Compared to other properties in NG3 5DF , this flat's estimated value ranks 10th out of 73. Based on price per square foot, it ranks 15th out of 54 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 8th out of 54 properties in its postcode area.

Sale History

Today
£310,601
streetscan.co.uk estimate
+31 %
21 Feb 2019
£237,500
Leasehold
+22.4 %
24 Apr 2009
£194,000
Leasehold
+9.6 %
19 Dec 2007
£177,000
Leasehold
-3 %
16 Aug 2002
£182,500
Leasehold
+26.7 %
21 Sep 2001
£144,000
Leasehold
+25.2 %
13 Aug 1998
£115,000
Leasehold
+91.7 %
24 Nov 1995
£60,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 1259 sq ft
sale price: £230,000
sale date: 16 Jul 2021
rooms: 4
size: 1292 sq ft
sale price: £200,000
sale date: 7 Apr 2021
rooms: 5
size: 1249 sq ft
sale price: £292,000
sale date: 13 Jan 2020
rooms: 4
size: 1249 sq ft
sale price: £270,000
sale date: 26 Apr 2019
rooms: 4
size: 1181 sq ft
sale price: £207,000
sale date: 15 Nov 2018

Data Sources

The property at Flat 5, Richmond Court, 40 Magdala Road, Nottingham, NG3 5DF appears seven times in the Land Registry records, with the latest transaction recorded on 21 Feb 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Aug 2018. 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.


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