According to the public record, 7, Newtown, Thetford is a mid-century freehold house with 947 ft2 of internal area and sits on a 313 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Newtown, Thetford, IP24 is located in the borough of Breckland within the IP24 postal district.
7, Newtown, Thetford has a single entry in the Land Registry database from October 2016 and a single entry in the EPC database dated May 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 7 Newtown Thetford as £193,735 and the rental value as £876 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 7 Newtown Thetford has increased by £2,029 (1.0%) and its rental value has increased by £4 per month (0.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7, Newtown, Thetford is in very good condition we estimate a sale value of £203,422 and rental value of £920 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,174 and a rental value of £815 per month.
If you were able to purchase this property for the estimated value of £193,735, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £952 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 7, Newtown, Thetford sits on a plot of 313m2.
We have plot size data on 10 out of 20 other houses in the postcode and 7, Newtown, Thetford sits on the 9th largest plot.
According to HM Land Registry, 7, Newtown, Thetford was last sold on 28 Oct 2016 for £137,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2016, the market for similar properties has risen 22.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Newtown, Thetford within a radius of 620 metres over the last 2 years.
The most recent example is 6, Fulmerston Road, Thetford, IP24 3BG, a Freehold house which sold for £202,000 in Dec 2022.
Read more about house prices in IP24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newtown, Thetford, IP24 has a total of 72 addresses. According to our analysis of all the public data, 7, Newtown, Thetford is the 64th largest and the 70th most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in IP24.
7, Newtown, Thetford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 May 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 7, Newtown, Thetford is Thetford station which is 1.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Newtown, Thetford, 33.3% of property is socially rented and 26.5% is privately owned outright.
The graph below shows how this compares to Greater London 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 7, Newtown, Thetford, 19.6% of residents are recorded as possessing school level qualifications and 21.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Newtown, Thetford, the average age was 38.1 and the most common age was 7.
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 7, Newtown, Thetford, 0.0% 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 7, Newtown, Thetford, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.