56 Magnolia Drive

    56, MAGNOLIA DRIVE, NEWCASTLE UPON TYNE, NE5 3QG

    This semi-detached freehold property on Magnolia Drive last sold in October 2022 for £213,000. Based on price growth in the NE5 district since then, its estimated current value is £226,315 — placing it in the 31st percentile nationally and the 72nd percentile within NE5. The property covers 85 m² (915 sq ft), giving an estimated value of £2,663 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £213,000

    Oct 2022

    Estimated Valuation

    £226,315

    Est. £/sq ft

    £247/sq ft

    £2,663/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area915 sq ft (85 m²)
    EPC dateMay 2019
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Oct 2022

    £213,000

    25 Jul 2019

    New build

    £189,995

    Key Metrics

    Estimated valuation£226,315
    Value per sq ft / m²£247/sq ft (£2,663/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NE5 district percentile72nd percentile
    National percentile31st percentile

    District Context — NE5

    NE5 covers areas in the west of Newcastle upon Tyne, sitting within the broader North East region. It is a mixed residential community with a diverse socioeconomic profile.

    Average Property Price - NE5

    £200,588

    12

    National percentile

    Average Net Household Income - NE5

    £34,218

    27

    National percentile

    10-Year Annualised Price Growth - NE5

    4.8%

    85

    National percentile

    10-Year Annualised Rent Growth - NE

    4.0%

    54

    National percentile

    View full analysis for NE5

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