5, Millgate Street
5, Millgate Street
Description & Estimates
5, Millgate Street, Thetford is described in the public record as a modern house with 828 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Millgate Street, Thetford is £206,715 and its rental estimate is £1,157 per month, given the available information and assuming reasonable condition.
Millgate Street, Methwold, Thetford, IP26 falls within the IP26 postal district, in the borough of King's Lynn and West Norfolk.
Our Data Sources
5, Millgate Street, Thetford has no records in the the Land Registry and a single entry in the EPC database dated May 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 5, Millgate Street, Thetford, we estimate a market value of £217,050 and a rental value of £1,215 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £192,245 and £1,076 per month respectively.
Recent Market Change
Over the last year, 5, Millgate Street, Thetford has seen its estimated sale value fall by £6,641 (3.2%) and its estimated rental value move up by £26 per month (2.2%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
5, Millgate Street, Thetford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 May 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Millgate Street, Thetford have sold within a radius of 4.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th April 2025, was 32, Old Feltwell Road, Thetford, IP26 4PW, a freehold house which sold for £220,000.
Read more about house prices in IP26.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 11 addresses on Millgate Street, Methwold, Thetford, IP26, 5, Millgate Street, Thetford comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £44k less expensive than the average property across the IP26 district.
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Schools Nearby
- 400mDuchy of Lancaster Methwold CofE Primary School
- 2.9kmThe Norman Church of England Primary School, Northwold
- 4.2kmEdmund de Moundeford VC Primary School, Feltwell
- 600mIceni Secondary Academy
- 9.7kmBreckland School
- 14.5kmDownham Market Academy
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Public Transport Nearby
From 5, Millgate Street, Thetford, the nearest station is Lakenheath, 8.5 kilometres away.
- 8.5kmLakenheath
- 8.9kmBrandon
- 14.1kmShippea Hill
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.
