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Property details for 1 Magdalen Street, Norwich NR3 1LE

Historic details available for this property Flat, Leasehold, 2 Beds, 1 Bath, 1 Recep - Edit
Zoopla Estimate: £210,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £210,000
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  • Value change
    3,700 (1.8%) 5,650 (2.8%) 14,200 (7.3%) 25,100 (13.6%) 40,050 (23.6%) 56,050 (36.4%) 59,550 (39.5%)  
    from 
  • Rental value
    £850 pcm
  • Confidence level
    86
  • Value range
    £197,000 - £224,000
  • Rental range
    £800 - £950 pcm

Monthly running costs Beta

£716 Monthly total
Remortgage
Average property value
Loan amount (60%) 126,000
Repayment term 25
Interest rate 0.5
Your payment £446 /mo Find remortgage deals In partnership with uSwitch
Average property value

The average property value derives from the Zoopla Estimate, which is our assessment of the current market value of a property according to the value of other properties in the area. Our data may be incomplete or inaccurate. Learn more

Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Home Insurance Rebuild value up to £109,000 Contents value up to £30,000 Average insurance cost £17/mo (£207/yr)
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Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £33 Electricity £40 Estimated energy cost £73/mo (£876/yr)

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Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 8200 kWh/year
Electricity: 2600 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Norwich

Estimated tax band C Council tax cost £142 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £16 Sewerage £22 Estimated water cost £38 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

Property type: Flat | Tenure: Leasehold | Last sale: £168,000 | Sale date: 7th Dec 2006 - Previous sales
Property type: Flat | Tenure: Leasehold | Previous sale: £110,000 | Sale date: 18th Jul 2002

This 2 bed leasehold flat is located at 1 Magdalen Street, Norwich NR3 1LE and has an estimated current value of £210,000. Magdalen Street, NR3 has 185 houses and flats on it with a current average value of £175,390, compared to an average property value of £188,021 for NR3. There have been 6 property sales on Magdalen Street over the last 5 years with an average sold house price of £148,183 and this flat was last sold on 7th Dec 2006 for £168,000. There are currently 146 properties to buy in NR3 with an average asking price of £189,648 and 107 properties to rent in NR3 with an average asking rent of £152 pw.

Property history

Property history Flat 1 134 Magdalen Street, Norwich, Norfolk NR3

Previously listed for rent on 7th Jul 2014 for £495 pcm

2 bed flat

Property history of 1 Magdalen Street, Norwich NR3 1LE

A 2 bedroom 2nd floor flat on Magdalen St, both bedrooms and kitchen are ample sized rooms, bathroom with shower and fitted carpets throughout. Further charges of £37 and £50 pcm will be payable to mpj Property Solutions for water rates and gas ...

See details for 1 Magdalen Street, Norwich NR3 1LE when it was last marketed:

Owner info

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Market activity
Average price paid £174,567 Sales 429 Current average value £188,021 (Zoopla Zed-Index) Value change £10,693 ▲ 6.03%

Property value data/graphs for NR3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £290,477 £249 3.3 £263,131
Semi-detached £208,496 £223 3.0 £204,503
Terraced £188,385 £238 2.8 £175,581
Flats £143,921 £252 1.8 £120,327

Current asking prices in NR3

Average: £192,169
Avg. current asking prices in NR3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £113,333
(3)
£177,591
(27)
£195,859
(51)
£312,143
(7)
£336,667
(3)
Flats £123,333
(21)
£168,569
(21)
£173,333
(3)
- -
All £122,083
(24)
£173,644
(48)
£194,607
(54)
£312,143
(7)
£336,667
(3)

Current asking rents in NR3

Average: £662 pcm
Avg. current asking prices in NR3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £457 pcm
(21)
£688 pcm
(16)
£733 pcm
(16)
£867 pcm
(5)
£360 pcm
(2)
Flats £486 pcm
(34)
£695 pcm
(20)
£843 pcm
(2)
- -
All £475 pcm
(55)
£692 pcm
(36)
£745 pcm
(18)
£867 pcm
(5)
£360 pcm
(2)

Fun facts for NR3

Highest value in NR3
Highest value streets Zed-Index
Dyers Yard £462,418
The Moorings £459,005
Fishergate £456,699
Elm Hill £405,160
St. Edmunds Wharf £394,074
Highest turnover in NR3
Highest turnover streets Turnover
Robert Gybson Way 54.5%
The Moorings 50.0%
Roaches Court 50.0%
Harry Watson Court 45.8%
Old Grove Court 43.8%

What Zoopla users think of Norwich

Overall rating:

  • currently 4 stars
Very good - 82% (229 ratings)

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Local info for Norwich

About the neighbours in NR3

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