Thetford House Prices Thetford House Prices

The average house price in Thetford is £236,807 using HM Land Registry data.

The average property price increased by £20,438 (8.96%) over the last 5 years and increased by £4,086 (1.67%) over the last 12 months.

Over the last year, there were 249 residential property sales – a decrease of 29 transactions (-11.65%) relative to the previous year. The majority of house sales (67) were in the £174,000 - £218,000 range. Then came properties in the £218,000 - £262,000 range, where 62 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 48 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,825 (-3%).

In Nov 2025, there were 38 new estate agency instructions, 25 agreed home sales and 8 property price reductions.

5-Year Average Property Prices in Thetford

8.96%

Property prices in Thetford increased by 8.96% 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 Thetford Over the Last Year

1.67%

Property prices in Thetford increased by 1.67% 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.

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).

Property Market Heat Gauge for Thetford - Nov 2025

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 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 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 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 Thetford since 1995

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

Recent Property Sales in Thetford

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
70 Mackenzie Road, Thetford, IP24 3NH£350,000£350,000£028 Oct 202519 Dec 202552 Days
20 Watermill Green, Thetford, IP24 3BW£300,000£285,000-£15,00015 May 202518 Dec 2025217 Days
38a, Norwich Road, Thetford, IP24 2JE£350,000£340,000-£10,00011 Jun 202512 Dec 2025184 Days
18 Sundew Close, Thetford, IP24 2XS£145,000£142,500-£2,50023 Jun 202512 Dec 2025172 Days
21 Pennycress Drive, Thetford, IP24 2TU£280,000£280,000£016 Apr 202509 Dec 2025237 Days
39 Mallow Road, Thetford, IP24 2YD£280,000£280,000£004 Jul 202508 Dec 2025157 Days
72 Stanford Road, Thetford, IP24 1FH£325,000£315,000-£10,00026 Dec 202404 Dec 2025343 Days
34 Charlock Road, Thetford, IP24 2TR£300,000£300,000£006 May 202503 Dec 2025211 Days
3 Norfolk Road, Thetford, IP24 2DB£220,000£220,000£019 Jun 202503 Dec 2025167 Days
85 Admirals Way, Thetford, IP24 2TJ£245,000£245,000£002 Apr 202501 Dec 2025243 Days
17 Benbow Road, Thetford, IP24 2TW£210,000£205,000-£5,00030 Jul 202528 Nov 2025121 Days
37 Shelley Way, Thetford, IP24 1UF£175,000£175,000£015 Aug 202528 Nov 2025105 Days
18 Raleigh Way, Thetford, IP24 2JS£260,000£260,000£006 Aug 202525 Nov 2025111 Days
16 Glad House, The Meadows, Thetford, IP24 2EU£400,000£382,000-£18,00019 Jun 202520 Nov 2025154 Days
18 Lord Cecil Court, Thetford, IP24 2DR£170,000£167,000-£3,00028 Oct 202520 Nov 202523 Days
18 Tennyson Way, Thetford, IP24 1LD£270,000£270,000£002 May 202517 Nov 2025199 Days
7 Hardy Close, Thetford, IP24 1LF£230,000£220,000-£10,00002 May 202514 Nov 2025196 Days
83 St Johns Way, Thetford, IP24 3NR£160,000£158,000-£2,00018 Jun 202513 Nov 2025148 Days
2j, Oddfellows Hall, Earls Street, Thetford, IP24 2AD£200,000£200,000£017 Apr 202513 Nov 2025210 Days
6 Sundew Close, Thetford, IP24 2XS£215,000£210,000-£5,00028 Oct 202529 Oct 20251 Days

Most Expensive Streets in Thetford

PostcodeStreetAreaAverageNo. of Sales
IP24 2ERCastle LaneThetford£620,6663
IP24 2EPFord StreetThetford£613,3333
IP24 2DZArlington WayThetford£528,34613
IP24 3NDBrandon RoadThetford£479,9005
IP24 2FQCedar RoadCroxton£450,0009
IP24 3NGSanton CloseThetford£423,7504
IP24 2DPCastle StreetThetford£413,3333
IP24 3HXGoshawk WayThetford£399,6663
IP24 2FPHoy DriveThetford£392,10010
IP24 3NFRedcastle RoadThetford£391,2504

Least Expensive Streets in Thetford

PostcodeStreetAreaAverageNo. of Sales
IP24 1QJBen Culey DriveThetford£106,0836
IP24 2DHBreckland CourtPike Lane£110,0003
IP24 3BFHanbury CourtThetford£117,16618
IP24 2DLCastle StreetThetford£118,2504
IP24 3PZSt Martins WayThetford£122,8333
IP24 3BTChase CourtThetford£135,1254
IP24 3HJElm RoadThetford£140,6663
IP24 1UEMasefield WalkThetford£143,8333
IP24 2UPSaxon HouseCypress Covert£144,0628
IP24 1FFAllisons CloseThetford£144,1663

Explore Thetford and Neighbouring Area House Prices

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