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In this area, houses of this size normally have 3 bedrooms with a garden.
2, Millgate Street, Thetford has an estimated sale value of £214,791 and an estimated rental value of £1,194 per month, assuming reasonable condition and based on the information available.
Millgate Street, Methwold, Thetford, IP26 lies in the borough of King's Lynn and West Norfolk, within the IP26 postal district.
2, Millgate Street, Thetford has 21 entries in the Land Registry , most recently in December 2024 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 2, Millgate Street, Thetford would be worth £225,531, with a potential rental value of £1,254 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £199,756, with a rental value of £1,110 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 2, Millgate Street, Thetford has fallen by £6,901 (3.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £27 (2.2%). The property's estimated gross yield is currently 6.7%.
2, Millgate Street, Thetford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Feb 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
2, Millgate Street, Thetford last changed hands on 13th December 2024, selling for £242,500. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 7.7% since December 2024.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.6 kilometres of 2, Millgate Street, Thetford across the last 2 years.
Most recently, 3, Crown Street, Thetford, IP26 4NR, a freehold house, sold at £260,000 on the 21st March 2025.
Read more about house prices in IP26.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 2, Millgate Street, Thetford as the 6th largest and the 6th most expensive of the 11 addresses on Millgate Street, Methwold, Thetford, IP26.
Against the IP26 postcode district average, it is £36k less expensive than the typical property.
Lakenheath station is the nearest stop to 2, Millgate Street, Thetford at 8.5 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Millgate Street, Thetford, 47.1% of property is privately owned outright and 25.7% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Millgate Street, Thetford, 14.6% of residents are recorded as possessing school level qualifications and 23.4% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Millgate Street, Thetford, the average age was 42.3 and the most common age was 52.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Millgate Street, Thetford, 0.3% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Millgate Street, Thetford, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.