FLAT E, 3, MAGDALA ROAD, NOTTINGHAM, NG3 5DD - £129,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FLAT E 3 MAGDALA ROAD is a very small flat of 44m², built sometime between 1900 and 1929, which could now be worth an estimated £147,469. It was last sold for £129,950 in September 2020, which was around 19% above the average September 2020 flat price in the City of Nottingham local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

FLAT E 3 MAGDALA ROAD Sold Prices

Land registry data shows four sales for FLAT E 3 MAGDALA ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the City of Nottingham local authority area for the corresponding sale date. All of the four FLAT E 3 MAGDALA ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 29 SEP	£129,950	£109,045	19% above HPI
2015 19 OCT	£110,000	£86,611	27% above HPI
2006 11 AUG	£112,500	£94,113	20% above HPI
1995 15 DEC	£41,000	£30,650	34% above HPI

What might FLAT E 3 MAGDALA ROAD be worth now?

FLAT E 3 MAGDALA ROAD might now be worth an estimated £147,469.

This is based on house price inflation of 13.5%, between September 2020 and July 2026, for flats, in the City of Nottingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.5% inflationary increase is applied to the most recent sale price for FLAT E 3 MAGDALA ROAD of £129,950 on 29th September 2020. For the value to have increased from £129,950 to £147,469 over the six years and two months to July 2026, the following assumptions must hold true:

• The value of FLAT E 3 MAGDALA ROAD has moved in line with the HPI for flats in the City of Nottingham local authority area.
• The September 2020 sale price of £129,950 represented a fair market value for the property.
• The size, condition, and specification of FLAT E 3 MAGDALA ROAD has not materially changed since September 2020.

How Large is FLAT E 3 MAGDALA ROAD?

FLAT E 3 MAGDALA ROAD is 44m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of flats in Nottingham, based on EPC data. 19% of flats are smaller than FLAT E 3 MAGDALA ROAD, and 79% of flats are larger. Note that EPC data is not available for all properties in Nottingham.

FLAT E 3 MAGDALA ROAD: Plot

FLAT E 3 MAGDALA ROAD sits on a plot of roughly 0.234 of an acre, or 946m².

Where is FLAT E 3 MAGDALA ROAD?

FLAT E, 3 MAGDALA ROAD is located in NOTTINGHAM, in the NG3 postcode district.