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House Prices in IP24

The average house price in IP24 (Thetford) is £209,277 using HM Land Registry data.

The average property price decreased by £1,941 (-0.75%) over the last 5 years and decreased by £388 (-0.15%) over the last 12 months.

Over the last year, there were 261 residential property sales – a decrease of 84 transactions (-32.18%) relative to the previous year. The majority of house sales (60) were in the £188,000 - £236,000 range. Then came properties in the £236,000 - £284,000 range, where 55 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 67 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,710 (-3%).

In Mar 2026, there were 60 new estate agency instructions, 52 agreed home sales and 35 property price reductions.

5-Year Average Property Prices in IP24 (Thetford)

-0.75%

Property prices in IP24 (Thetford) decreased by -0.75% 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

-0.15%

Property prices in IP24 (Thetford) decreased by -0.15% 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) - Mar 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
70 Mackenzie Road, Thetford, IP24 3NH	£350,000	£350,000	£0	28 Oct 2025	19 Dec 2025	52 Days
20 Watermill Green, Thetford, IP24 3BW	£300,000	£285,000	-£15,000	15 May 2025	18 Dec 2025	217 Days
38a, Norwich Road, Thetford, IP24 2JE	£350,000	£340,000	-£10,000	11 Jun 2025	12 Dec 2025	184 Days
18 Sundew Close, Thetford, IP24 2XS	£145,000	£142,500	-£2,500	28 Oct 2025	12 Dec 2025	45 Days
Burrows, Watton Road, Thetford, IP24 1PB	£290,000	£285,000	-£5,000	12 Jul 2025	10 Dec 2025	151 Days
21 Pennycress Drive, Thetford, IP24 2TU	£280,000	£280,000	£0	16 Apr 2025	09 Dec 2025	237 Days
39 Mallow Road, Thetford, IP24 2YD	£280,000	£280,000	£0	04 Jul 2025	08 Dec 2025	157 Days
72 Stanford Road, Thetford, IP24 1FH	£325,000	£315,000	-£10,000	26 Dec 2024	04 Dec 2025	343 Days
34 Charlock Road, Thetford, IP24 2TR	£300,000	£300,000	£0	06 May 2025	03 Dec 2025	211 Days
3 Norfolk Road, Thetford, IP24 2DB	£220,000	£220,000	£0	19 Jun 2025	03 Dec 2025	167 Days
85 Admirals Way, Thetford, IP24 2TJ	£245,000	£245,000	£0	02 Apr 2025	01 Dec 2025	243 Days
17 Benbow Road, Thetford, IP24 2TW	£210,000	£205,000	-£5,000	30 Jul 2025	28 Nov 2025	121 Days
37 Shelley Way, Thetford, IP24 1UF	£175,000	£175,000	£0	15 Aug 2025	28 Nov 2025	105 Days
18 Raleigh Way, Thetford, IP24 2JS	£260,000	£260,000	£0	06 Aug 2025	25 Nov 2025	111 Days
16 Glad House, The Meadows, Thetford, IP24 2EU	£400,000	£382,000	-£18,000	19 Jun 2025	20 Nov 2025	154 Days
18 Lord Cecil Court, Thetford, IP24 2DR	£170,000	£167,000	-£3,000	28 Oct 2025	20 Nov 2025	23 Days
3 Harling Road, Thetford, IP24 1NP	£260,000	£260,000	£0	03 Mar 2025	17 Nov 2025	259 Days
18 Tennyson Way, Thetford, IP24 1LD	£270,000	£270,000	£0	02 May 2025	17 Nov 2025	199 Days
7 Hardy Close, Thetford, IP24 1LF	£230,000	£220,000	-£10,000	02 May 2025	14 Nov 2025	196 Days
83 St Johns Way, Thetford, IP24 3NR	£160,000	£158,000	-£2,000	18 Jun 2025	13 Nov 2025	148 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 1RL	Church Road	Thetford	£551,250	4
IP24 1NH	The Street	Thetford	£537,500	4
IP24 1NY	Wretham Road	Thetford	£530,000	3
IP24 2DZ	Arlington Way	Thetford	£524,892	14
IP24 2NA	Water Lane, Barnham	Thetford	£515,000	4
IP24 1FS	Breakwell Close	Thetford	£487,000	5
IP24 3ND	Brandon Road	Thetford	£479,900	5

Least Expensive Streets in IP24 (Thetford)

Postcode	Street	Area	Average	No. of Sales
IP24 2DL	Castle Street	Thetford	£104,333	3
IP24 1QJ	Ben Culey Drive	Thetford	£104,785	7
IP24 2DH	Breckland Court, Pike Lane	Thetford	£110,000	3
IP24 3BF	Hanbury Court	Thetford	£115,736	19
IP24 3PZ	St Martins Way	Thetford	£122,833	3
IP24 3BT	Chase Court	Thetford	£135,125	4
IP24 3HJ	Elm Road	Thetford	£140,666	3
IP24 1UE	Masefield Walk	Thetford	£143,833	3
IP24 2UP	Saxon House, Cypress Covert	Thetford	£144,062	8
IP24 1FF	Allisons Close	Thetford	£144,166	3