Ely Way - IP24 1DR
Key Postcode Insights
IP24 1DR is a residential postcode situated on Ely Way, Thetford, IP24 with 47 addresses.
It ranks as the 700th largest and 126th 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 47 properties: 47 houses.
- Ave. Sale Price
- £156,125
- 10 Year change
- up 22.1%
- Ave. Rental Price
- £964pcm
- 10 Year change
- up 44.5%
- Ave. £ per ft²
- £169/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Key Postcode Insights
IP24 1DR is a residential postcode situated on Ely Way, Thetford, IP24 with 47 addresses.
It ranks as the 700th largest and 126th 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 47 properties: 47 houses.
- Ave. Sale Price
- £156,125
- 10 Year change
- up 22.1%
- Ave. Rental Price
- £964pcm
- 10 Year change
- up 44.5%
- Ave. £ per ft²
- £169/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Explore Propertiesin IP24 1DR
- 33 Ely Way
3 Bed Mid-century House
- 34 Ely Way
3 Bed Mid-century House
- 35 Ely Way
3 Bed Mid-century House
- 36 Ely Way
3 Bed Mid-century House
- 37 Ely Way
Unknown
Sales Market Trends
The last sale in IP24 1DR sold for £164,000 on 18th August 2025. Since then prices are down an average of 3.8%.
The current average value in the postcode is £156,125.
The IP24 1DR Sales Market has increased by 22.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.5% | £156,125 |
| June 2025 | 0.3% | £161,763 |
| June 2024 | -3.5% | £161,218 |
| June 2023 | 0.1% | £167,030 |
| June 2022 | 12.7% | £166,926 |
| June 2021 | 6.3% | £148,139 |
| June 2020 | 0.5% | £139,308 |
| June 2019 | 0.7% | £138,617 |
| June 2018 | 3.4% | £137,651 |
| June 2017 | 4% | £133,085 |
| June 2016 | 9.4% | £127,910 |
| June 2015 | 9.5% | £116,972 |
| June 2014 | 12.2% | £106,830 |
| June 2013 | 0.9% | £95,178 |
| June 2012 | 1.4% | £94,288 |
| June 2011 | -1.4% | £92,999 |
| June 2010 | 7.2% | £94,329 |
| June 2009 | -16.2% | £88,018 |
| June 2008 | -3.7% | £105,042 |
| June 2007 | 0% | £109,027 |
Rental Market Trends
The current average rental value in the postcode is £964.
The IP24 1DR Rental Market has increased by 44.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £964pcm |
| June 2025 | 5.2% | £934pcm |
| June 2024 | 3% | £888pcm |
| June 2023 | 3.5% | £862pcm |
| June 2022 | 8.4% | £833pcm |
| June 2021 | 6.5% | £769pcm |
| June 2020 | 0.5% | £722pcm |
| June 2019 | 0.1% | £718pcm |
| June 2018 | 3.8% | £718pcm |
| June 2017 | 3.5% | £691pcm |
| June 2016 | 3% | £668pcm |
| June 2015 | 5.5% | £648pcm |
| June 2014 | 8.3% | £614pcm |
| June 2013 | 3.3% | £567pcm |
| June 2012 | -1.1% | £549pcm |
| June 2011 | 7.1% | £555pcm |
| June 2010 | 2.4% | £518pcm |
| June 2009 | -10.4% | £506pcm |
| June 2008 | 0.5% | £565pcm |
| June 2007 | 0% | £562pcm |
Sales History
The last sale was on 18th August 2025 for £164,000 and since then the market in the area has decreased by 3.8%. The postcode has had a total of 34 sales since 1995.
IP24 1DR has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£164,000 | 3 Bed House62, Ely Way, Thetford, IP24 1DR62, Ely Way, Thetford, IP24 1DR
- Sold Jul 2023£170,000 | 3 Bed House73, Ely Way, Thetford, IP24 1DR73, Ely Way, Thetford, IP24 1DR
- Sold Sep 2022£165,000 | 3 Bed House42, Ely Way, Thetford, IP24 1DR42, Ely Way, Thetford, IP24 1DR
- Sold Mar 2022£161,000 | 3 Bed House72, Ely Way, Thetford, IP24 1DR72, Ely Way, Thetford, IP24 1DR
- Sold Feb 2021£140,000 | 3 Bed House48, Ely Way, Thetford, IP24 1DR48, Ely Way, Thetford, IP24 1DR
Nearby Postcodes
IP24 1DR is the 700th largest and the 126th most expensive postcode out of the 734 postcodes in the IP24 area.
- IP24 1DP, Ely Way, Thetford, IP24IP24 1DP32 Addresses|62 m away
- IP24 1DL, Gloucester Way, Thetford, IP24IP24 1DL73 Addresses|115 m away
- IP24 1EZ, Elgin Way, Thetford, IP24IP24 1EZ24 Addresses|141 m away
- IP24 1DS, Edinburgh Way, Thetford, IP24IP24 1DS65 Addresses|150 m away
- IP24 1DN, Gloucester Way, Thetford, IP24IP24 1DN27 Addresses|190 m away
Property Types
- 33 mid-century houses built between 1936 and 1979
- 14 other addresses of unknown type
- mid-century house (33)
- Unknown (14)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 33 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (26)
- G (0)
- D (7)
- No EPC (14)
Top 3 Most Expensive Sales
Schools Nearby
- The Bishop's Church of England Primary Academy400 m away
- Redcastle Family School1.1 km away
- Norwich Road Academy1.4 km away
- The Thetford Academy1.9 km away
- Breckland School9.0 km away
- Ixworth High School15.1 km away
More reading links
Public Transport Nearby
The closest station to IP24 1DR is Thetford station, which is 900 metres away.
- Thetford|900 m away
- Brandon|8.2 km away
- Harling Road|12.6 km away
- Lakenheath|13.8 km away
