11, Elgin Way
11, Elgin Way
Description & Estimates
11, Elgin Way, Thetford is described in the public record as a modern house with 785 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 11, Elgin Way, Thetford is £140,143 and its rental estimate is £864 per month, given the available information and assuming reasonable condition.
Elgin Way, Thetford, IP24 falls within the IP24 postal district, in the borough of Breckland.
Our Data Sources
11, Elgin Way, Thetford has no records in the the Land Registry and a single entry in the EPC database dated February 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 11, Elgin Way, Thetford, we estimate a market value of £147,150 and a rental value of £907 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £130,333 and £803 per month respectively.
Recent Market Change
Over the last year, 11, Elgin Way, Thetford has seen its estimated sale value decline by £3,044 (2.2%) and its estimated rental value climb by £29 per month (3.3%). This results in an estimated gross rental yield of 7.4%.
Energy Efficiency
11, Elgin Way, Thetford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Feb 2022.
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 11, Elgin Way, Thetford have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th September 2022, was 42, Ely Way, Thetford, IP24 1DR, a freehold house which sold for £165,000.
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 24 addresses on Elgin Way, Thetford, IP24, 11, Elgin Way, Thetford comes out as the 8th largest and the 7th most expensive in our analysis of the public data.
It is also £91k less expensive than the average property across the IP24 district.
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Schools Nearby
- 500mThe Bishop's Church of England Primary Academy
- 1.1kmRedcastle Family School
- 1.5kmNorwich Road Academy
- 2.0kmThe Thetford Academy
- 8.9kmBreckland School
- 15.2kmIxworth High School
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Public Transport Nearby
From 11, Elgin Way, Thetford, the nearest station is Thetford, 1.1 kilometres away.
- 1.1kmThetford
- 8.0kmBrandon
- 12.7kmHarling 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.
