38 Spindle Drive

    38, SPINDLE DRIVE, THETFORD, IP24 2UQ

    This flat/maisonette leasehold property on Spindle Drive last sold in December 2017 for £121,000. Based on price growth in the IP24 district since then, its estimated current value is £131,320 — placing it in the 9th percentile nationally and the 8th percentile within IP24. The property covers 59 m² (635 sq ft), giving an estimated value of £2,226 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £121,000

    Dec 2017

    Estimated Valuation

    £131,320

    Est. £/sq ft

    £207/sq ft

    £2,226/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area635 sq ft (59 m²)
    EPC dateSept 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    8 Dec 2017

    £121,000

    6 Jun 2016

    £115,000

    Key Metrics

    Estimated valuation£131,320
    Value per sq ft / m²£207/sq ft (£2,226/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP24 district percentile8th percentile
    National percentile9th 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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