Gloucester Way - IP24 1DW
Key Postcode Insights
IP24 1DW is a residential postcode situated on Gloucester Way, Thetford, IP24 with 56 addresses.
It ranks as the 715th largest and 17th most expensive of the 734 postcodes in the IP24 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 56 properties: 56 flats.
- Ave. Sale Price
- £104,188
- 10 Year change
- up 10.2%
- Ave. Rental Price
- £663pcm
- 10 Year change
- up 30.5%
- Ave. £ per ft²
- £174/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Key Postcode Insights
IP24 1DW is a residential postcode situated on Gloucester Way, Thetford, IP24 with 56 addresses.
It ranks as the 715th largest and 17th most expensive of the 734 postcodes in the IP24 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 56 properties: 56 flats.
- Ave. Sale Price
- £104,188
- 10 Year change
- up 10.2%
- Ave. Rental Price
- £663pcm
- 10 Year change
- up 30.5%
- Ave. £ per ft²
- £174/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Explore Propertiesin IP24 1DW
- 65 Gloucester Way
2 Bed Mid-century Flat
- 66 Gloucester Way
2 Bed Modern Flat
- 67 Gloucester Way
2 Bed Modern Flat
- 68 Gloucester Way
Unknown
- 69 Gloucester Way
2 Bed Mid-century Flat
Sales Market Trends
The last sale in IP24 1DW sold for £105,000 on 21st March 2024. Since then prices are up an average of 24.2%.
The current average value in the postcode is £104,188.
The IP24 1DW Sales Market has increased by 10.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £104,188 |
| June 2025 | -1% | £107,101 |
| June 2024 | -2.2% | £108,199 |
| June 2023 | -0.4% | £110,664 |
| June 2022 | 8.9% | £111,151 |
| June 2021 | 4.5% | £102,082 |
| June 2020 | 0.6% | £97,644 |
| June 2019 | -0.2% | £97,052 |
| June 2018 | 1.4% | £97,202 |
| June 2017 | 1.4% | £95,848 |
| June 2016 | 9% | £94,518 |
| June 2015 | 7.3% | £86,730 |
| June 2014 | 10.7% | £80,853 |
| June 2013 | 1.1% | £73,024 |
| June 2012 | -0.4% | £72,260 |
| June 2011 | -1.4% | £72,531 |
| June 2010 | 4.5% | £73,560 |
| June 2009 | -17.5% | £70,370 |
| June 2008 | -4.3% | £85,248 |
| June 2007 | 0% | £89,099 |
Rental Market Trends
The current average rental value in the postcode is £663.
The IP24 1DW Rental Market has increased by 30.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £663pcm |
| June 2025 | 3.8% | £637pcm |
| June 2024 | 4.3% | £613pcm |
| June 2023 | 3% | £588pcm |
| June 2022 | 4.7% | £571pcm |
| June 2021 | 4.7% | £545pcm |
| June 2020 | 0.6% | £521pcm |
| June 2019 | -0.7% | £518pcm |
| June 2018 | 1.8% | £522pcm |
| June 2017 | 0.9% | £512pcm |
| June 2016 | 2.6% | £508pcm |
| June 2015 | 3.4% | £495pcm |
| June 2014 | 6.8% | £479pcm |
| June 2013 | 3.5% | £448pcm |
| June 2012 | -2.8% | £433pcm |
| June 2011 | 7.1% | £446pcm |
| June 2010 | -0.1% | £416pcm |
| June 2009 | -11.8% | £416pcm |
| June 2008 | -0.2% | £472pcm |
| June 2007 | 0% | £473pcm |
Sales History
The last sale was on 21st March 2024 for £105,000 and since then the market in the area has increased by 24.2%. The postcode has had a total of 13 sales since 1995.
IP24 1DW has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2024£105,000 | 2 Bed Flat113, Gloucester Way, Thetford, IP24 1DW113, Gloucester Way, Thetford, IP24 1DW
- Sold Aug 2020£105,000 | 2 Bed Flat95, Gloucester Way, Thetford, IP24 1DW95, Gloucester Way, Thetford, IP24 1DW
- Sold Aug 2015£85,500 | 2 Bed Flat95, Gloucester Way, Thetford, IP24 1DW95, Gloucester Way, Thetford, IP24 1DW
- Sold Nov 2014£79,995 | 2 Bed Flat77, Gloucester Way, Thetford, IP24 1DW77, Gloucester Way, Thetford, IP24 1DW
- Sold Jan 2012£65,000 | 2 Bed Flat95, Gloucester Way, Thetford, IP24 1DW95, Gloucester Way, Thetford, IP24 1DW
Nearby Postcodes
IP24 1DW is the 715th largest and the 17th most expensive postcode out of the 734 postcodes in the IP24 area.
- IP24 1DN, Gloucester Way, Thetford, IP24IP24 1DN27 Addresses|80 m away
- IP24 1DY, Hereford Close, Thetford, IP24IP24 1DY20 Addresses|126 m away
- IP24 1DH, Guildford Way, Thetford, IP24IP24 1DH46 Addresses|199 m away
- IP24 1DL, Gloucester Way, Thetford, IP24IP24 1DL73 Addresses|202 m away
- IP24 1DR, Ely Way, Thetford, IP24IP24 1DR47 Addresses|242 m away
Property Types
- 43 modern flats built after 1980
- 9 mid-century flats built between 1936 and 1979
- 4 other addresses of unknown type
- modern flat (43)
- mid-century flat (9)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 52 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (46)
- G (0)
- D (6)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Mar 2022£155,000 | 3 Bed House132, Gloucester Way, Thetford, IP24 1DL132, Gloucester Way, Thetford, IP24 1DL
- Sold Apr 2018£135,000 | 3 Bed House36, Gloucester Way, Thetford, IP24 1DL36, Gloucester Way, Thetford, IP24 1DL
- Sold Dec 2018£130,000 | 3 Bed House37, Gloucester Way, Thetford, IP24 1DL37, Gloucester Way, Thetford, IP24 1DL
Schools Nearby
- The Bishop's Church of England Primary Academy600 m away
- Redcastle Family School1.3 km away
- Norwich Road Academy1.4 km away
- The Thetford Academy1.7 km away
- Breckland School9.1 km away
- Ixworth High School15.3 km away
More reading links
Public Transport Nearby
The closest station to IP24 1DW is Thetford station, which is 900 metres away.
- Thetford|900 m away
- Brandon|8.1 km away
- Harling Road|12.4 km away
- Lakenheath|13.8 km away