20, St. Michaels Close
20, St. Michaels Close
Description & Estimates
20, St. Michaels Close, Thetford is recorded publicly as a mid-century leasehold apartment across 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 20, St. Michaels Close, Thetford is £109,398 and its rental estimate is £680 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
20, St. Michaels Close, Thetford has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 20, St. Michaels Close, Thetford, we estimate a market value of £114,868 and a rental value of £714 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £101,740 and £633 per month respectively.
Recent Market Change
Over the last year, 20, St. Michaels Close, Thetford has seen its estimated sale value drop by £679 (0.6%) and its estimated rental value rise by £33 per month (4.8%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
20, St. Michaels Close, Thetford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Apr 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 20, St. Michaels Close, Thetford completed on 12th August 2022 at £115,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 7.3% over the period since August 2022.
- Sold Aug 2022£115,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 20, 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 9th September 2022, was 73, St. Michaels Close, Thetford, IP24 3EQ, a leasehold flat which sold for £125,000.
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, 20, St. Michaels Close, Thetford comes out as the 58th largest and the 85th most expensive in our analysis of the public data.
It is also £122k 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 20, 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.
