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House Prices in IP24

The average house price in IP24 (Thetford) is £225,800 using HM Land Registry data.

The average property price decreased by £6,116 (-0.3%) over the last 5 years and decreased by £1,223 (-0.06%) over the last 12 months.

Over the last year, there were 253 residential property sales – a decrease of 120 transactions (-47.43%) relative to the previous year. The majority of house sales (61) were in the £150,000 - £198,000 range. Then came properties in the £198,000 - £246,000 range, where 59 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 71 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,461 (-3%).

In Aug 2026, there were 61 new estate agency instructions, 12 agreed home sales and 24 property price reductions.

5-Year Average Property Prices in IP24 (Thetford)

-0.3%

Property prices in IP24 (Thetford) decreased by -0.3% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in IP24 (Thetford) Over the Last Year

-0.06%

Property prices in IP24 (Thetford) decreased by -0.06% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for IP24 (Thetford) - Aug 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in IP24 (Thetford)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in IP24 (Thetford)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in IP24 (Thetford)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the IP24 (Thetford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the IP24 postcode area since 1995.

Recent Sales in IP24 (Thetford)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
28 Ethelreda Drive, Thetford, IP24 2UB	£210,000	£202,500	-£7,500	21 Nov 2025	16 Jul 2026	237 Days
41 Highlands, Thetford, IP24 1JG	£280,000	£270,000	-£10,000	26 Dec 2025	10 Jul 2026	196 Days
131 Fairfields, Thetford, IP24 1JN	£150,000	£150,000	£0	15 Apr 2026	10 Jul 2026	86 Days
42 Mallow Road, Thetford, IP24 2YD	£230,000	£220,000	-£10,000	16 Feb 2026	06 Jul 2026	140 Days
60b, Croxton Road, Thetford, IP24 1JD	£250,000	£242,500	-£7,500	24 Nov 2025	03 Jul 2026	221 Days
16 Primrose Close, Thetford, IP24 2XD	£220,000	£215,000	-£5,000	15 Oct 2025	02 Jul 2026	260 Days
14 George Road, Thetford, IP24 2UD	£400,000	£385,000	-£15,000	07 Jan 2026	02 Jul 2026	176 Days
5 Shropham Road, Thetford, IP24 1NJ	£325,000	£310,000	-£15,000	25 Feb 2026	01 Jul 2026	126 Days
38 Benbow Road, Thetford, IP24 2TN	£350,000	£350,000	£0	14 Feb 2026	29 Jun 2026	135 Days
31 Harwood Avenue, Thetford, IP24 2LY	£220,000	£217,500	-£2,500	09 Jan 2026	26 Jun 2026	168 Days
43 Juniper Close, Thetford, IP24 2YG	£150,000	£150,000	£0	27 Feb 2026	23 Jun 2026	116 Days
52 St Johns Way, Thetford, IP24 3NP	£190,000	£190,000	£0	06 Feb 2026	19 Jun 2026	133 Days
28 Melford Bridge Road, Thetford, IP24 2HH	£170,000	£160,000	-£10,000	02 Jan 2026	19 Jun 2026	168 Days
29 Honey Bee Garden, Painter Street, Thetford, IP24 1AR	£135,000	£135,000	£0	03 Nov 2025	12 Jun 2026	221 Days
81 Brandon Road, Thetford, IP24 3ND	£240,000	£240,000	£0	10 Mar 2026	09 Jun 2026	91 Days
44 Admirals Way, Thetford, IP24 2TB	£170,000	£160,000	-£10,000	12 Nov 2025	05 Jun 2026	205 Days
25 Rosecroft Way, Thetford, IP24 2YE	£210,000	£208,000	-£2,000	23 Sep 2025	05 Jun 2026	255 Days
52 Mackenzie Road, Thetford, IP24 3NH	£290,000	£282,000	-£8,000	02 Aug 2025	02 Jun 2026	304 Days
14 Coltsfoot Way, Thetford, IP24 2WX	£325,000	£325,000	£0	14 Aug 2025	02 Jun 2026	292 Days
16 Swale View, Thetford, IP24 2FN	£220,000	£220,000	£0	02 Jan 2026	01 Jun 2026	150 Days

Most Expensive Streets in IP24 (Thetford)

Postcode	Street	Area	Average	No. of Sales
IP24 2ER	Castle Lane	Thetford	£620,666	3
IP24 1PT	Hallfield Road	Thetford	£614,086	3
IP24 2EP	Ford Street	Thetford	£613,333	3
IP24 1FS	Breakwell Close	Thetford	£573,750	4
IP24 2QX	Thetford Road	Thetford	£540,500	5
IP24 1NH	The Street	Thetford	£537,500	4
IP24 1NY	Wretham Road	Thetford	£530,000	3
IP24 2DZ	Arlington Way	Thetford	£521,566	15
IP24 1RL	Church Road	Thetford	£518,333	3
IP24 1LN	The Street	Thetford	£511,500	4

Least Expensive Streets in IP24 (Thetford)

Postcode	Street	Area	Average	No. of Sales
IP24 1QJ	Ben Culey Drive	Thetford	£103,500	9
IP24 2DH	Breckland Court, Pike Lane	Thetford	£110,000	3
IP24 3BF	Hanbury Court	Thetford	£114,500	17
IP24 3PZ	St Martins Way	Thetford	£122,833	3
IP24 2DL	Castle Street	Thetford	£127,000	4
IP24 1FF	Allisons Close	Thetford	£135,000	4
IP24 3BT	Chase Court	Thetford	£135,125	4
IP24 3HJ	Elm Road	Thetford	£140,666	3
IP24 2UP	Saxon House, Cypress Covert	Thetford	£146,071	7
IP24 2YB	Thistle Close	Thetford	£147,250	10