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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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The public record describes 3, Elgin Way, Thetford as a modern house with 775 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
3, Elgin Way, Thetford has an estimated sale value of £139,178 and an estimated rental value of £859 per month, assuming reasonable condition and based on the information available.
Elgin Way, Thetford, IP24 lies in the borough of Breckland, within the IP24 postal district.
3, Elgin Way, Thetford has no records in the the Land Registry and a single entry in the EPC database dated March 2023.
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.
In very good condition, we estimate 3, Elgin Way, Thetford would be worth £146,137, with a potential rental value of £902 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £129,435, with a rental value of £799 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 3, Elgin Way, Thetford has decreased by £3,023 (2.2%) over the last year. During the same period, its estimated monthly rental value has grown by £29 (3.3%). The property's estimated gross yield is currently 7.4%.
3, Elgin Way, Thetford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 3, Elgin Way, Thetford across the last 2 years.
Most recently, 19, Coventry Way, Thetford, IP24 1DX, a freehold house, sold at £166,000 on the 17th June 2022.
Read more about house prices in IP24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 3, Elgin Way, Thetford as the 11th largest and the 8th most expensive of the 24 addresses on Elgin Way, Thetford, IP24.
Against the IP24 postcode district average, it is £92k less expensive than the typical property.
Thetford station is the nearest stop to 3, Elgin Way, Thetford at 1.1 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Elgin Way, Thetford, 66.1% of property is socially rented and 12.6% is privately owned with a mortgage.
The graph below shows how this compares to East of England 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 3, Elgin Way, Thetford, 31.6% of residents are recorded as possessing school level qualifications and 13.7% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Elgin Way, Thetford, the average age was 36.5 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 3, Elgin Way, 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 3, Elgin Way, Thetford, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
