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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, 38, Gloucester Way, Thetford is a mid-century freehold house with 871 ft2 of internal area.
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 38, Gloucester Way, Thetford is £117,445 and the estimated rental value is £717 per month.
Gloucester Way, Thetford, IP24 is located in the borough of Breckland within the IP24 postal district.
38, Gloucester Way, Thetford has 31 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated January 2023.
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 38, Gloucester Way, Thetford is in very good condition we estimate a sale value of £123,317 and a rental value of £753 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,224 and a rental value of £667 per month.
Over the last 12 months the sale value of 38 Gloucester Way Thetford has decreased by an estimated £2,551 (2.2%) and its rental value has increased by an estimated £24 per month (3.3%), giving an expected gross yield of 7.3%.
38, Gloucester Way, Thetford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jan 2023.
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, 38, Gloucester Way, Thetford was last sold on 1st September 2023 for £122,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since September 2023, the market for similar properties has risen 34.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Gloucester Way, Thetford within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 64, Gloucester Way, Thetford, IP24 1DN, a freehold house which sold for £110,000 on the 24th August 2018.
Read more about house prices in IP24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gloucester Way, Thetford, IP24 has a total of 156 addresses. According to our analysis of all the public data, 38, Gloucester Way, Thetford is the 91st largest and the 99th most expensive property on the street.
When compared to the postcode district it is £114k less expensive than the average property in IP24.
The closest station to 38, Gloucester Way, Thetford is Thetford station which is 1.0 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 38, Gloucester Way, Thetford, 74.8% of property is socially rented and 10.5% is privately rented.
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 38, Gloucester Way, Thetford, 37.1% of residents are recorded as possessing school level qualifications and 14.7% 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 38, Gloucester Way, Thetford, the average age was 36.5 and the most common age was 7.
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 38, Gloucester Way, Thetford, 1.0% 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 38, Gloucester Way, Thetford, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
