Monksgate - IP24 1BY
Key Postcode Insights
IP24 1BY is a residential postcode situated on Monksgate, Thetford, IP24 with 28 addresses.
It ranks as the 578th largest and 595th most expensive of the 734 postcodes in the IP24 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 houses.
- Ave. Sale Price
- £329,802
- 10 Year change
- up 21.9%
- Ave. Rental Price
- £1,461pcm
- 10 Year change
- up 44.3%
- Ave. £ per ft²
- £277/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
IP24 1BY is a residential postcode situated on Monksgate, Thetford, IP24 with 28 addresses.
It ranks as the 578th largest and 595th most expensive of the 734 postcodes in the IP24 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 28 properties: 28 houses.
- Ave. Sale Price
- £329,802
- 10 Year change
- up 21.9%
- Ave. Rental Price
- £1,461pcm
- 10 Year change
- up 44.3%
- Ave. £ per ft²
- £277/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin IP24 1BY
- 21 Monksgate
Unknown
- 22 Monksgate
Unknown
- 23 Monksgate
4 Bed Mid-century House
- 24 Monksgate
4 Bed Mid-century House
- 25 Monksgate
3 Bed Mid-century House
Sales Market Trends
The last sale in IP24 1BY sold for £400,000 on 17th September 2024. Since then prices are down an average of 3.1%.
The current average value in the postcode is £329,802.
The IP24 1BY Sales Market has increased by 21.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.7% | £329,802 |
| June 2025 | 0.2% | £342,609 |
| June 2024 | -3.3% | £342,019 |
| June 2023 | 0.3% | £353,784 |
| June 2022 | 11.9% | £352,596 |
| June 2021 | 7% | £315,032 |
| June 2020 | 1.1% | £294,484 |
| June 2019 | 0.7% | £291,207 |
| June 2018 | 3.1% | £289,177 |
| June 2017 | 3.7% | £280,398 |
| June 2016 | 9.6% | £270,512 |
| June 2015 | 8.5% | £246,904 |
| June 2014 | 11.9% | £227,566 |
| June 2013 | 1.3% | £203,433 |
| June 2012 | 1.3% | £200,911 |
| June 2011 | -1.2% | £198,425 |
| June 2010 | 8.4% | £200,859 |
| June 2009 | -15.6% | £185,294 |
| June 2008 | -3.8% | £219,605 |
| June 2007 | 0% | £228,352 |
Rental Market Trends
The current average rental value in the postcode is £1,461.
The IP24 1BY Rental Market has increased by 44.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,461pcm |
| June 2025 | 5.1% | £1,419pcm |
| June 2024 | 3.1% | £1,351pcm |
| June 2023 | 3.8% | £1,310pcm |
| June 2022 | 7.6% | £1,262pcm |
| June 2021 | 7.1% | £1,173pcm |
| June 2020 | 1.1% | £1,095pcm |
| June 2019 | 0.1% | £1,083pcm |
| June 2018 | 3.6% | £1,082pcm |
| June 2017 | 3.2% | £1,045pcm |
| June 2016 | 3.1% | £1,012pcm |
| June 2015 | 4.6% | £982pcm |
| June 2014 | 7.9% | £939pcm |
| June 2013 | 3.8% | £870pcm |
| June 2012 | -1.3% | £838pcm |
| June 2011 | 7.4% | £849pcm |
| June 2010 | 3.5% | £791pcm |
| June 2009 | -9.7% | £764pcm |
| June 2008 | 0.3% | £847pcm |
| June 2007 | 0% | £844pcm |
Sales History
The last sale was on 17th September 2024 for £400,000 and since then the market in the area has decreased by 3.1%. The postcode has had a total of 30 sales since 1995.
IP24 1BY has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Sep 2024£400,000 | 4 Bed House42, Monksgate, Thetford, IP24 1BY42, Monksgate, Thetford, IP24 1BY
- Sold Mar 2024£221,000 | 4 Bed House41, Monksgate, Thetford, IP24 1BY41, Monksgate, Thetford, IP24 1BY
- Sold Aug 2019£290,000 | 3 Bed House32, Monksgate, Thetford, IP24 1BY32, Monksgate, Thetford, IP24 1BY
- Sold May 2019£264,000 | 3 Bed House25, Monksgate, Thetford, IP24 1BY25, Monksgate, Thetford, IP24 1BY
- Sold Sep 2016£284,000 | 4 Bed House24, Monksgate, Thetford, IP24 1BY24, Monksgate, Thetford, IP24 1BY
Nearby Postcodes
IP24 1BY is the 578th largest and the 595th most expensive postcode out of the 734 postcodes in the IP24 area.
- IP24 1BX, Monksgate, Thetford, IP24IP24 1BX22 Addresses|69 m away
- IP24 1EA, Canterbury Way, Thetford, IP24IP24 1EA17 Addresses|76 m away
- IP24 1DA, Abbey Barns Court, Thetford, IP24IP24 1DA26 Addresses|102 m away
- IP24 1DD, St. Albans Way, Thetford, IP24IP24 1DD29 Addresses|135 m away
- IP24 1ER, Salisbury Way, Thetford, IP24IP24 1ER40 Addresses|138 m away
Property Types
- 12 mid-century houses built between 1936 and 1979
- 3 houses of an unknown age
- 13 other addresses of unknown type
- mid-century house (12)
- house (3)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (1)
- F (0)
- C (2)
- G (0)
- D (8)
- No EPC (16)
Top 3 Most Expensive Sales
- Sold Sep 2024£400,000 | 4 Bed House42, Monksgate, Thetford, IP24 1BY42, Monksgate, Thetford, IP24 1BY
- Sold Feb 2025£390,000 | 5 Bed House8, Monksgate, Thetford, IP24 1BX8, Monksgate, Thetford, IP24 1BX
- Sold Mar 2023£320,000 | 4 Bed House3, Monksgate, Thetford, IP24 1BX3, Monksgate, Thetford, IP24 1BX
Schools Nearby
- The Bishop's Church of England Primary Academy300 m away
- Norwich Road Academy800 m away
- Redcastle Family School800 m away
- The Thetford Academy1.6 km away
- Breckland School9.6 km away
- Ixworth High School14.7 km away
More reading links
Public Transport Nearby
The closest station to IP24 1BY is Thetford station, which is 400 metres away.
- Thetford|400 m away
- Brandon|8.8 km away
- Harling Road|12.1 km away
- Lakenheath|14.3 km away
