4-5, Tower Cottages
4-5, Tower Cottages
Description & Estimates
Public records show 4-5, Tower Cottages, Thetford to be a period freehold house with 1,259 ft2 of internal area, sitting on a 191 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
4-5, Tower Cottages, Thetford has an estimated sale value of £324,111 and an estimated rental value of £1,440 per month, assuming reasonable condition and based on the information available.
Tower Cottages, Barnham, Thetford, IP24 lies in the borough of West Suffolk, within the IP24 postal district.
Our Data Sources
4-5, Tower Cottages, Thetford has a single entry in the Land Registry from September 2007 and a single entry in the EPC database dated March 2019.
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
In very good condition, we estimate 4-5, Tower Cottages, Thetford would be worth £340,316, with a potential rental value of £1,512 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £301,423, with a rental value of £1,340 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 4-5, Tower Cottages, Thetford has fallen by £7,875 (2.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £45 (3.1%). The property's estimated gross yield is currently 5.3%.
Plot Size
4-5, Tower Cottages, Thetford occupies a 191 m2 plot as recorded by HM Land Registry.
Of the 5 other houses in this postcode, 3 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
4-5, Tower Cottages, Thetford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Mar 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, wood logs.
Sold Prices
4-5, Tower Cottages, Thetford last changed hands on 28th September 2007, selling for £224,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 25.8% since September 2007.
- Sold Sep 2007£224,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.1 kilometres of 4-5, Tower Cottages, Thetford across the last 2 years.
Most recently, 5, St. Martins Lane, Thetford, IP24 2NQ, a freehold house, sold at £270,000 on the 3rd September 2024.
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
Our analysis of the public data ranks 4-5, Tower Cottages, Thetford as the 4th largest and the 3rd most expensive of the 5 addresses on Tower Cottages, Barnham, Thetford, IP24.
Against the IP24 postcode district average, it is £93k more expensive than the typical property.
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Schools Nearby
- 300mBarnham Church of England Voluntary Controlled Primary School
- 2.9kmQueensway Infant Academy
- 3.0kmQueensway Junior Academy
- 5.3kmThe Thetford Academy
- 10.9kmIxworth High School
- 11.8kmBreckland School
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Public Transport Nearby
Thetford station is the nearest stop to 4-5, Tower Cottages, Thetford at 4.3 kilometres away.
- 4.3kmThetford
- 11.6kmBrandon
- 13.8kmHarling Road
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
