The local search volume for [magazines world] in the UK is actually zero searches monthly, and 73 searches globally per month, not the thousands quoted.
The figures you are quoting at the broad match search volumes, which mean any searches containing the words, in any order.
Try looking at the difference between searches for [United Manchester] versus [Manchester United] in the different search types. In the broad match search both searches have the same number of searches = 2.7 million, because the word order is not important, when you switch to [exact searches] the difference is very clear, as anyone who lives in the UK might well have been able to predict.
MagazinesWorld.co.uk is a brandable domain with zero search volume, and as such only has value (IMO) if it's developed into a successful site, otherwise it = £0.