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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Tern Close, Thetford is a modern freehold house with 968 ft2 of internal area and sits on a 559 m2 plot.
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 2, Tern Close, Thetford is £311,336 and the estimated rental value is £964 per month.
Tern Close, Watton, Thetford, IP25 is located in the borough of Breckland within the IP25 postal district.
2, Tern Close, Thetford has 31 entries in the Land Registry , most recently in February 2021 and a single entry in the EPC database dated April 2019.
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.
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 2, Tern Close, Thetford is in very good condition we estimate a sale value of £326,902 and a rental value of £1,013 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,542 and a rental value of £897 per month.
Over the last 12 months the sale value of 2 Tern Close Thetford has decreased by an estimated £12,237 (3.9%) and its rental value has increased by an estimated £22 per month (2.3%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 2, Tern Close, Thetford sits on a plot of 559m2.
We have plot size data on 8 out of 8 other houses in the postcode and 2, Tern Close, Thetford sits on the 2nd largest plot.
2, Tern Close, Thetford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Tern Close, Thetford was last sold on 8th February 2021 for £325,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since February 2021, the market for similar properties has risen 15.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Tern Close, Thetford within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 11, Woodpecker Drive, Thetford, IP25 6TW, a freehold house which sold for £315,000 on the 22nd March 2024.
Read more about house prices in IP25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tern Close, Watton, Thetford, IP25 has a total of 8 addresses. According to our analysis of all the public data, 2, Tern Close, Thetford is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in IP25.
The closest station to 2, Tern Close, Thetford is Harling Road station which is 14.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Tern Close, Thetford, 57.9% of property is privately owned outright and 20.4% 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, Tern Close, Thetford, 11.8% of residents are recorded as possessing school level qualifications and 15.6% 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, Tern Close, Thetford, the average age was 46.3 and the most common age was 72.
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, Tern Close, Thetford, 0.7% 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, Tern Close, Thetford, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
