58, St. Michaels Close
58, St. Michaels Close
Description & Estimates
58, St. Michaels Close, Thetford is described in the public record as a mid-century apartment with 635 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 58, St. Michaels Close, Thetford is £108,655 and its rental estimate is £676 per month, given the available information and assuming reasonable condition.
St. Michaels Close, Thetford, IP24 falls within the IP24 postal district, in the borough of Breckland.
Our Data Sources
58, St. Michaels Close, Thetford has no records in the the Land Registry and a single entry in the EPC database dated March 2020.
We combine this information with public data 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
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 58, St. Michaels Close, Thetford, we estimate a market value of £114,088 and a rental value of £710 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £101,050 and £628 per month respectively.
Recent Market Change
Over the last year, 58, St. Michaels Close, Thetford has seen its estimated sale value move down by £674 (0.6%) and its estimated rental value increase by £32 per month (4.8%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
58, St. Michaels Close, Thetford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Mar 2020.
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 58, St. Michaels Close, Thetford have sold within a radius of 750 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th September 2022, was 73, St. Michaels Close, Thetford, IP24 3EQ, a leasehold flat which sold for £125,000.
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 102 addresses on St. Michaels Close, Thetford, IP24, 58, St. Michaels Close, Thetford comes out as the 67th largest and the 91st most expensive in our analysis of the public data.
It is also £123k less expensive than the average property across the IP24 district.
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Schools Nearby
- 400mQueensway Junior Academy
- 400mQueensway Infant Academy
- 900mRedcastle Family School
- 2.3kmThe Thetford Academy
- 10.5kmBreckland School
- 13.3kmIxworth High School
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Public Transport Nearby
From 58, St. Michaels Close, Thetford, the nearest station is Thetford, 1.3 kilometres away.
- 1.3kmThetford
- 9.9kmBrandon
- 12.1kmHarling Road
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.
