1, Armstrong Way
1, Armstrong Way
Description & Estimates
According to the public record, 1, Armstrong Way, Thetford is a modern freehold house with 936 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Armstrong Way, Thetford is £267,977 and the estimated rental value is £1,300 per month.
Armstrong Way, Thetford, IP24 is located in the borough of Breckland within the IP24 postal district.
Our Data Sources
1, Armstrong Way, Thetford has a single entry in the Land Registry from April 2022 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Armstrong Way, Thetford is in very good condition we estimate a sale value of £281,376 and a rental value of £1,365 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,218 and a rental value of £1,209 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Armstrong Way, Thetford has decreased by £5,821 (2.2%), while its estimated rental value has grown by £43 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 5.8%.
Energy Efficiency
1, Armstrong Way, Thetford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 1, Armstrong Way, Thetford was last sold on 28th April 2022 for £295,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2022, the market for similar properties has dropped by 25.7%.
- Sold Apr 2022£295,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Armstrong Way, Thetford within a radius of 930 metres over the last 2 years.
The most recent example is 23, Elswick Road, Thetford, IP24 2FS, a freehold house which sold for £290,000 on the 27th September 2024.
Read more about house prices in IP24.
- Sold Sep 2024£290,000 | 3 Bed House23, Elswick Road, Thetford, IP24 2FS23, Elswick Road, Thetford, IP24 2FS
- Sold Jul 2024£288,000 | 3 Bed House17, Elswick Road, Thetford, IP24 2FS17, Elswick Road, Thetford, IP24 2FS
- Sold Jun 2024£68,875 | 3 Bed House24, Marina Close, Thetford, IP24 2GD24, Marina Close, Thetford, IP24 2GD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Armstrong Way, Thetford, IP24 has a total of 8 addresses. According to our analysis of all the public data, 1, Armstrong Way, Thetford is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £37k more expensive than the average property in IP24.
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Schools Nearby
- 800mAdmirals Academy
- 800mRaleigh Infant Academy
- 1.1kmDrake Primary School
- 800mThe Thetford Academy
- 11.3kmBreckland School
- 14.8kmIxworth High School
More reading links
Public Transport Nearby
The closest station to 1, Armstrong Way, Thetford is Thetford station, which is 1.8 kilometres away.
- 1.8kmThetford
- 10.0kmHarling Road
- 10.2kmBrandon
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
