16, St. Michaels Close
16, St. Michaels Close
Description & Estimates
16, St. Michaels Close, Thetford appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,025 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 16, St. Michaels Close, Thetford is £195,164 and its rental estimate is £1,172 per month, given the available information and assuming reasonable condition.
St. Michaels Close, Thetford, IP24 falls within the IP24 postal district, in the borough of Breckland.
Our Data Sources
16, St. Michaels Close, Thetford has a single entry in the Land Registry from November 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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, St. Michaels Close, Thetford, we estimate a market value of £204,922 and a rental value of £1,231 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £181,502 and £1,090 per month respectively.
Recent Market Change
Over the last year, 16, St. Michaels Close, Thetford has seen its estimated sale value fall by £4,239 (2.2%) and its estimated rental value move up by £39 per month (3.3%). This results in an estimated gross rental yield of 7.2%.
Sold Prices
The most recent sale of 16, St. Michaels Close, Thetford completed on 14th November 2008 at £145,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 66.4% over the period since November 2008.
- Sold Nov 2008£145,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, St. Michaels Close, Thetford have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th December 2024, was 11, St. Michaels Close, Thetford, IP24 3EG, a freehold house which sold for £205,000.
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 102 addresses on St. Michaels Close, Thetford, IP24, 16, St. Michaels Close, Thetford comes out as the 8th largest and the 13th most expensive in our analysis of the public data.
It is also £36k less expensive than the average property across the IP24 district.
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Schools Nearby
- 400mQueensway Junior Academy
- 400mQueensway Infant Academy
- 900mRedcastle Family School
- 2.3kmThe Thetford Academy
- 10.5kmBreckland School
- 13.3kmIxworth High School
More reading links
Public Transport Nearby
From 16, St. Michaels Close, Thetford, the nearest station is Thetford, 1.3 kilometres away.
- 1.3kmThetford
- 9.9kmBrandon
- 12.1kmHarling 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.
