16, Raymond Street
16, Raymond Street
Description & Estimates
16, Raymond Street, Thetford is recorded publicly as a period freehold house across 1,778 ft2 of internal area, sitting on a 352 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 16, Raymond Street, Thetford is £328,538 and its rental estimate is £1,687 per month, given the available information and assuming reasonable condition.
Raymond Street, Thetford, IP24 falls within the IP24 postal district, in the borough of Breckland.
Our Data Sources
16, Raymond Street, Thetford has 21 entries in the Land Registry , most recently in August 2013 and a single entry in the EPC database dated August 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 16, Raymond Street, Thetford, we estimate a market value of £344,965 and a rental value of £1,772 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £305,540 and £1,569 per month respectively.
Recent Market Change
Over the last year, 16, Raymond Street, Thetford has seen its estimated sale value decline by £9,244 (2.8%) and its estimated rental value climb by £46 per month (2.7%). This results in an estimated gross rental yield of 6.2%.
Plot Size
HM Land Registry records the plot of land for 16, Raymond Street, Thetford as measuring 352 m2.
That makes it the 5th largest plot in the postcode, where 12 of the 14 other houses have recorded plot data.
Energy Efficiency
16, Raymond Street, Thetford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Aug 2011.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 16, Raymond Street, Thetford completed on 9th August 2013 at £185,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 57.2% over the period since August 2013.
- Sold Aug 2013£185,000
- Sold Feb 2000£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Raymond Street, Thetford have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st May 2023, was 28, Earls Street, Thetford, IP24 2AD, a freehold house which sold for £300,000.
Read more about house prices in IP24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 14 addresses on Raymond Street, Thetford, IP24, 16, Raymond Street, Thetford comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £97k more expensive than the average property across the IP24 district.
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Schools Nearby
- 400mNorwich Road Academy
- 700mQueensway Junior Academy
- 800mQueensway Infant Academy
- 1.8kmThe Thetford Academy
- 10.5kmBreckland School
- 13.8kmIxworth High School
More reading links
Public Transport Nearby
From 16, Raymond Street, Thetford, the nearest station is Thetford, 800 metres away.
- 800mThetford
- 9.7kmBrandon
- 11.7kmHarling Road
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
