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Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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5, Wheatacres, Thetford is recorded publicly as a modern freehold house across 753 ft2 of internal area, sitting on a 307 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Wheatacres, Thetford is £219,946 and its rental estimate is £1,174 per month, given the available information and assuming reasonable condition.
Wheatacres, Thetford, IP24 falls within the IP24 postal district, in the borough of Breckland.
5, Wheatacres, Thetford has a single entry in the Land Registry from December 2015 and a single entry in the EPC database dated May 2015.
We combine this information with that 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.
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, Wheatacres, Thetford, we estimate a market value of £230,943 and a rental value of £1,233 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £204,550 and £1,092 per month respectively.
Over the last year, 5, Wheatacres, Thetford has seen its estimated sale value drop by £4,777 (2.2%) and its estimated rental value rise by £39 per month (3.3%). This results in an estimated gross rental yield of 6.4%.
HM Land Registry records the plot of land for 5, Wheatacres, Thetford as measuring 307 m2.
That makes it the 14th largest plot in the postcode, where 15 of the 20 other houses have recorded plot data.
5, Wheatacres, Thetford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 May 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 5, Wheatacres, Thetford completed on 2nd December 2015 at £176,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 25.6% over the period since December 2015.
Over the past 2 years 3 properties similar to 5, Wheatacres, Thetford have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th December 2024, was 12, Crown House Close, Thetford, IP24 1AJ, a freehold house which sold for £230,000.
Read more about house prices in IP24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 20 addresses on Wheatacres, Thetford, IP24, 5, Wheatacres, Thetford comes out as the 18th largest and the 17th most expensive in our analysis of the public data.
It is also £11k less expensive than the average property across the IP24 district.
From 5, Wheatacres, Thetford, the nearest station is Thetford, 400 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Wheatacres, Thetford, 45.9% of property is privately rented and 23.5% is privately owned outright.
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 5, Wheatacres, Thetford, 18.0% of residents are recorded as possessing school level qualifications and 22.5% 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 5, Wheatacres, Thetford, the average age was 41 and the most common age was 32.
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 5, Wheatacres, Thetford, 0.5% 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 5, Wheatacres, Thetford, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
