7 Melford Common

    7, MELFORD COMMON, THETFORD, IP24 2HJ

    This terraced freehold property on Melford Common last sold in March 2023 for £150,000. Based on price growth in the IP24 district since then, its estimated current value is £138,249 — placing it in the 10th percentile nationally and the 9th percentile within IP24. The property covers 58 m² (624 sq ft), giving an estimated value of £2,384 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £150,000

    Mar 2023

    Estimated Valuation

    £138,249

    Est. £/sq ft

    £221/sq ft

    £2,384/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateJan 2023
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, electric

    Transaction History

    24 Mar 2023

    £150,000

    24 Aug 2009

    £81,000

    Key Metrics

    Estimated valuation£138,249
    Value per sq ft / m²£221/sq ft (£2,384/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP24 district percentile9th percentile
    National percentile10th percentile

    District Context — IP24

    IP24 covers rural areas in central Norfolk, positioned between Norwich and the Fenlands. It is a quiet, agricultural region with a traditional character and strong community identity.

    Average Property Price - IP24

    £247,644

    27

    National percentile

    Average Net Household Income - IP24

    £38,004

    49

    National percentile

    10-Year Annualised Price Growth - IP24

    3.6%

    51

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP24

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