4, Mill Road
4, Mill Road
Description & Estimates
4, Mill Road, Thetford is described in the public record as a period house with 1,496 ft2 of internal area, sitting on a 529 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 4, Mill Road, Thetford is £319,671 and its rental estimate is £1,259 per month, given the available information and assuming reasonable condition.
Mill Road, Watton, Thetford, IP25 falls within the IP25 postal district, in the borough of Breckland.
Our Data Sources
4, Mill Road, Thetford has no records in the the Land Registry and a single entry in the EPC database dated May 2024.
We combine this information with public data 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.
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 4, Mill Road, Thetford, we estimate a market value of £335,654 and a rental value of £1,322 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £297,294 and £1,171 per month respectively.
Recent Market Change
Over the last year, 4, Mill Road, Thetford has seen its estimated sale value decline by £9,700 (3.0%) and its estimated rental value climb by £31 per month (2.4%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 4, Mill Road, Thetford as measuring 529 m2.
That makes it the 8th largest plot in the postcode, where 11 of the 15 other houses have recorded plot data.
Energy Efficiency
4, Mill Road, Thetford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Mill Road, Thetford have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was 55, Brandon Road, Thetford, IP25 6LB, a freehold house which sold for £306,055.
Read more about house prices in IP25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 15 addresses on Mill Road, Watton, Thetford, IP25, 4, Mill Road, Thetford comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £43k more expensive than the average property across the IP25 district.
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Schools Nearby
- 0mWatton Junior School
- 300mWatton Westfield Infant and Nursery School
- 1.8kmParker's Church of England Primary Academy
- 700mWayland Academy
- 11.6kmThe Nicholas Hamond Academy
- 14.7kmAttleborough Academy
More reading links
Public Transport Nearby
From 4, Mill Road, Thetford, the nearest station is Harling Road, 14.4 kilometres away.
- 14.4kmHarling Road
- 15.1kmEccles Road
- 15.2kmAttleborough
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.
