GREEN HAVEN, 38 ELVIN ROAD
Recent sale
£270k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
11 Elvin Road, Dereham, NR19 2DX
UPRN:100090771211Detached Bungalow3 bedsBuilt 1950-1966
FreeholdCouncil Tax: Band CEPC: C (70)
Data freshness:Listing· freshListing: fresh, refreshed today (2026-10-23T04:00:04.135672+00:00)Planning· 5mo agoPlanning: stale, refreshed 5mo ago (2026-05-20T08:19:50.636452+00:00)EPC· 5mo agoEPC: stale, refreshed 5mo ago (2026-05-20T10:58:39.129138+00:00)Risk· 2y agoRisk: stale, refreshed 2y ago (2024-12-31T00:00:00+00:00)Crime· freshCrime: fresh, refreshed 6d ago (2026-10-17T11:20:03.253738+00:00)Amenities· 1mo agoAmenities: ageing, refreshed 1mo ago (2026-09-23T00:00:00+00:00)Area· Census 2021Area: static reference data (Census 2021); authoritative and does not refresh
Valuation estimateUpdated today
£298,000
Estimated value
Range: £283k - £312k|Last sold: £199k (2023-06-12)
Estimate of £298k for this detached bungalow. 237 sales in NR19 in the last 12 months; median £235k.
Estimate confidence
High confidence
Value History
Current estimate
£298k
£283k - £312k - High confidence
Annualised (CAGR)
-7.28%
Over the full window
Peak estimate
£607k
Feb 2023
From peak
-50.91%
Drawdown from peak
AVM estimate (model)Repeat-sales index - NR19 district (quarterly)index YoY +2.81%
Growth by window
3m
+0.00%
6m
-7.45%
12m
-11.04%
24m
+24.17%
60m
-39.92%
Rental Market
Estimated rent (pcm)
£1,100
/ month
Gross yield
4.40%
Rent ÷ asking price
Net yield
3.05%
Assumes ~31% running costs (not this property's)
Vacancy trend
12-month change
Market Metrics
Median Area Price
£235k
NR19 sales, last 12 months
12m Price Growth
+61.8%
NR19 median, Land Registry
Days on Market
77d
NR19 average
Sales & Yield
3 metricsTransactions / 12m
237
NR19 sales
Area Gross Yield
6.23%
NR19 medians
Last Sold
£199k
2023-06-12
Investment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£300,000
- SDLT standard£5,000
- SDLT BTL surcharge (5%)£15,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£322,100
Funding
- Deposit (25%)£75,000
- Mortgage (75% LTV)£225,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£97,100
Monthly Returns
- Monthly Rent (estimate)£1,100
- Mortgage Payment (IO)-£984
- Management (10%)-£110
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£94
Capital Returns
- 5yr Property Value£320,488
- 5yr Capital Gain (1.33% pa, historical)+£20,488
- 5yr Cumulative Rent (net)+£55,829
- Less mortgage interest-£59,040
- 5yr Total Return+£17,277
Modelled on the live asking price. Assumed, as in the PDF report: 25% deposit, 5.25% interest-only mortgage, management 10% of rent, insurance £40/mo, maintenance £60/mo, legal, survey and broker £2,100. Refurbishment, voids and letting fees are not costed.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £303,990 | £78,990 | -£1,128 | +£2,862 | 2.9% |
| Year 2 | £308,033 | £83,033 | -£2,016 | +£6,017 | 6.2% |
| Year 3 | £312,130 | £87,130 | -£2,659 | +£9,471 | 9.8% |
| Year 4 | £316,281 | £91,281 | -£3,063 | +£13,218 | 13.6% |
| Year 5 | £320,488 | £95,488 | -£3,211 | +£17,277 | 17.8% |
Modelled on the live asking price. Capital growth 1.33% a year is the NR19 area's 5-year historical rate (Land Registry medians), not a forecast. Rent grows 2% a year (assumed); management is 10% of each year's rent. Mortgage held interest-only at 5.25% for 5 years. Refurbishment, voids and letting fees are not costed. ROI is on cash required (£97,100).
Price Forecast
No forecast available.
Demand & Supply
DemandSupply
Comparable Sales
42B ELVIN ROAD
Recent sale
£145k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
COACH HOUSE ELVIN ROAD
Recent sale
£260k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
11 ELVIN ROAD
Recent sale
£199k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Area Economic Intelligence
Signal
£28,930
Median earnings (local authority)
Signal
2,701
Population
Signal
4.4%
Households Deprived