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According to the public record, 2, The Meadows, Thetford is a mid-century freehold house with 1,173 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, The Meadows, Thetford is £319,026 and the estimated rental value is £1,435 per month.
The Meadows, Thetford, IP24 is located in the borough of Breckland within the IP24 postal district.
2, The Meadows, Thetford has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated August 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.
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, The Meadows, Thetford is in very good condition we estimate a sale value of £334,977 and a rental value of £1,507 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,694 and a rental value of £1,335 per month.
Over the last 12 months the sale value of 2 The Meadows Thetford has decreased by an estimated £9,805 (3.1%) and its rental value has increased by an estimated £35 per month (2.5%), giving an expected gross yield of 5.4%.
2, The Meadows, Thetford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Aug 2022.
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, The Meadows, Thetford was last sold on 17th March 2023 for £325,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2023, the market for similar properties has dropped 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, The Meadows, Thetford within a radius of 670 metres over the last 2 years.
The most recent example is 20, Redgate, Thetford, IP24 2HA, a freehold house which sold for £300,000 on the 30th November 2023.
Read more about house prices in IP24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Meadows, Thetford, IP24 has a total of 29 addresses. According to our analysis of all the public data, 2, The Meadows, Thetford is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £91k more expensive than the average property in IP24.
The closest station to 2, The Meadows, Thetford is Thetford station which is 1.3 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, The Meadows, Thetford, 64.8% of property is privately owned outright and 25.0% 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, The Meadows, Thetford, 9.8% of residents are recorded as possessing school level qualifications and 19.1% 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, The Meadows, Thetford, the average age was 41 and the most common age was 32.
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, The Meadows, Thetford, 0.0% 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, The Meadows, 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.
