FLAT 1, 40, MAGDALEN ROAD, EXETER, EX2 4TE - £241,500

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 1 40 MAGDALEN ROAD is a flat, which could now be worth an estimated £252,061. It was last sold for £241,500 in December 2018, which was around 53% above the average December 2018 flat price in the Exeter local authority area.

FLAT 1 40 MAGDALEN ROAD Sold Prices

Land registry data shows three sales for FLAT 1 40 MAGDALEN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Exeter local authority area for the corresponding sale date. All of the three FLAT 1 40 MAGDALEN 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
2018 7 DEC	£241,500	£157,924	53% above HPI
2013 13 SEP	£249,950	£128,549	94% above HPI
2008 31 JUL	£240,000	£135,428	77% above HPI

What might FLAT 1 40 MAGDALEN ROAD be worth now?

FLAT 1 40 MAGDALEN ROAD might now be worth an estimated £252,061.

This is based on house price inflation of 4.4%, between December 2018 and May 2026, for flats, in the Exeter local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.4% inflationary increase is applied to the most recent sale price for FLAT 1 40 MAGDALEN ROAD of £241,500 on 7th December 2018. For the value to have increased from £241,500 to £252,061 over the eight years and seven months to May 2026, the following assumptions must hold true:

• The value of FLAT 1 40 MAGDALEN ROAD has moved in line with the HPI for flats in the Exeter local authority area.
• The December 2018 sale price of £241,500 represented a fair market value for the property.
• The size, condition, and specification of FLAT 1 40 MAGDALEN ROAD has not materially changed since December 2018.

Where is FLAT 1 40 MAGDALEN ROAD?

FLAT 1, 40 MAGDALEN ROAD is located in EXETER, in the EX2 postcode district.