42, Victory Way
42, Victory Way
Description & Estimates
42, Victory Way, Thetford is described in the public record as a modern house with 1,022 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 42, Victory Way, Thetford is £264,998 and its rental estimate is £1,370 per month, given the available information and assuming reasonable condition.
Victory Way, Thetford, IP24 falls within the IP24 postal district, in the borough of Breckland.
Our Data Sources
42, Victory Way, Thetford has no records in the the Land Registry and a single entry in the EPC database dated November 2022.
We combine this information with public data 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.
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 42, Victory Way, Thetford, we estimate a market value of £278,248 and a rental value of £1,438 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £246,448 and £1,274 per month respectively.
Recent Market Change
Over the last year, 42, Victory Way, Thetford has seen its estimated sale value decrease by £5,756 (2.2%) and its estimated rental value grow by £46 per month (3.3%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
42, Victory Way, Thetford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 42, Victory Way, Thetford have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd December 2022, was 52, Victory Way, Thetford, IP24 2FD, a freehold house which sold for £280,000.
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 58 addresses on Victory Way, Thetford, IP24, 42, Victory Way, Thetford comes out as the 48th largest and the 45th most expensive in our analysis of the public data.
It is also £34k more expensive than the average property across the IP24 district.
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Schools Nearby
- 900mAdmirals Academy
- 900mRaleigh Infant Academy
- 1.2kmDrake Primary School
- 1.0kmThe Thetford Academy
- 11.5kmBreckland School
- 14.8kmIxworth High School
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Public Transport Nearby
From 42, Victory Way, Thetford, the nearest station is Thetford, 2.0 kilometres away.
- 2.0kmThetford
- 9.8kmHarling Road
- 10.3kmBrandon
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
