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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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32, Ocean Way, Thetford is recorded publicly as a modern freehold house across 1,550 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 32, Ocean Way, Thetford is £383,116 and its rental estimate is £1,719 per month, given the available information and assuming reasonable condition.
Ocean Way, Thetford, IP24 falls within the IP24 postal district, in the borough of Breckland.
32, Ocean Way, Thetford has a single entry in the Land Registry from December 2024 and a single entry in the EPC database dated November 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 32, Ocean Way, Thetford, we estimate a market value of £402,272 and a rental value of £1,805 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £356,298 and £1,599 per month respectively.
Over the last year, 32, Ocean Way, Thetford has seen its estimated sale value drop by £9,309 (2.4%) and its estimated rental value rise by £53 per month (3.1%). This results in an estimated gross rental yield of 5.4%.
32, Ocean Way, Thetford has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 27 Nov 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 32, Ocean Way, Thetford completed on 19th December 2024 at £403,750 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 dropped by 12.6% over the period since December 2024.
Over the past 2 years 3 properties similar to 32, Ocean Way, Thetford have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th December 2024, was 26, Mickle Road, Thetford, IP24 2GQ, a freehold house which sold for £408,500.
Read more about house prices in IP24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 35 addresses on Ocean Way, Thetford, IP24, 32, Ocean Way, Thetford comes out as the 2nd largest and the most expensive in our analysis of the public data.
It is also £152k more expensive than the average property across the IP24 district.
From 32, Ocean Way, Thetford, the nearest station is Thetford, 2.1 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 32, Ocean Way, Thetford, 44.4% of property is privately owned with a mortgage and 37.0% is privately owned outright.
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 32, Ocean Way, Thetford, 18.4% of residents are recorded as possessing school level qualifications and 21.5% 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 32, Ocean Way, Thetford, the average age was 47.1 and the most common age was 57.
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 32, Ocean Way, 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 32, Ocean Way, Thetford, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
