FLAT 3, 18, MAGDALEN ROAD, EXETER, EX2 4TD - £235,000

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 3 18 MAGDALEN ROAD is a midsized flat of 56m², built sometime before 1900, which could now be worth an estimated £207,831. It was last sold for £235,000 in October 2022, which was around 24% above the average October 2022 flat price in the Exeter local authority area. The most recent EPC inspection was April 2020, where the current energy rating was D, and the potential energy rating was C.

FLAT 3 18 MAGDALEN ROAD Sold Prices

Land registry data shows three sales for FLAT 3 18 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 3 18 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
2022 10 OCT	£235,000	£189,331	24% above HPI
2003 15 SEP	£125,000	£104,511	20% above HPI
1998 27 MAR	£39,000	£38,561	1% above HPI

What might FLAT 3 18 MAGDALEN ROAD be worth now?

FLAT 3 18 MAGDALEN ROAD might now be worth an estimated £207,831.

This is based on house price deflation of 11.6%, between October 2022 and March 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 11.6% deflationary decrease is applied to the most recent sale price for FLAT 3 18 MAGDALEN ROAD of £235,000 on 10th October 2022. For the value to have decreased from £235,000 to £207,831 over the four years and seven months to March 2026, the following assumptions must hold true:

• The value of FLAT 3 18 MAGDALEN ROAD has moved in line with the HPI for flats in the Exeter local authority area.
• The October 2022 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 3 18 MAGDALEN ROAD has not materially changed since October 2022.

How Large is FLAT 3 18 MAGDALEN ROAD?

FLAT 3 18 MAGDALEN ROAD is 56m² according to the EPC inspection conducted in April 2020. This puts it in the smallest 50% of flats in Exeter, based on EPC data. 48% of flats are smaller than FLAT 3 18 MAGDALEN ROAD, and 50% of flats are larger. Note that EPC data is not available for all properties in Exeter.

FLAT 3 18 MAGDALEN ROAD: Plot

FLAT 3 18 MAGDALEN ROAD sits on a plot of roughly 0.154 of an acre, or 625m².

Where is FLAT 3 18 MAGDALEN ROAD?

FLAT 3, 18 MAGDALEN ROAD is located in EXETER, in the EX2 postcode district.