IP24 1EP is a residential postcode situated on Salisbury Way, Thetford, IP24 with 24 addresses.
It ranks as the 532nd largest and 138th most expensive of the 734 postcodes in the IP24 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 24 properties: 24 houses.
IP24 1EP is a residential postcode situated on Salisbury Way, Thetford, IP24 with 24 addresses.
It ranks as the 532nd largest and 138th most expensive of the 734 postcodes in the IP24 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 24 properties: 24 houses.
Sale prices range from £111,413 for 2 bedroom freehold houses with a garden (473 ft2) to £209,997 for 3 bedroom freehold houses with a garden (925 ft2) .
Monthly rental prices range from £683 pcm for 2 bed houses to £1,163 pcm for 3 bed houses.
The gross rental yield is between 6.6% and 7.4%.
The average value per square foot is £174.
The last sale in IP24 1EP sold for £170,000 on 26th March 2025. Since then prices are up an average of 11.5%.
The current average value in the postcode is £153,082.
The IP24 1EP Sales Market has increased by 24.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.2% | £153,082 |
| May 2025 | -0.5% | £156,540 |
| May 2024 | -3.5% | £157,349 |
| May 2023 | 1.1% | £163,094 |
| May 2022 | 12.8% | £161,375 |
| May 2021 | 5.7% | £143,084 |
| May 2020 | 1% | £135,423 |
| May 2019 | 0.4% | £134,118 |
| May 2018 | 3.4% | £133,556 |
| May 2017 | 4.8% | £129,153 |
| May 2016 | 8.3% | £123,252 |
| May 2015 | 10% | £113,816 |
| May 2014 | 11.8% | £103,492 |
| May 2013 | 0.3% | £92,595 |
| May 2012 | 0.5% | £92,293 |
| May 2011 | 0.5% | £91,862 |
| May 2010 | 5.6% | £91,381 |
| May 2009 | -16.4% | £86,497 |
| May 2008 | -1.6% | £103,508 |
| May 2007 | 0% | £105,213 |
The current average rental value in the postcode is £926.
The IP24 1EP Rental Market has increased by 43.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.4% | £926pcm |
| May 2025 | 4.8% | £896pcm |
| May 2024 | 3.1% | £856pcm |
| May 2023 | 3.6% | £829pcm |
| May 2022 | 8.4% | £801pcm |
| May 2021 | 6.3% | £739pcm |
| May 2020 | 0.9% | £695pcm |
| May 2019 | 0.1% | £689pcm |
| May 2018 | 3.4% | £688pcm |
| May 2017 | 3.1% | £665pcm |
| May 2016 | 3.7% | £646pcm |
| May 2015 | 5.4% | £623pcm |
| May 2014 | 7% | £591pcm |
| May 2013 | 3.7% | £552pcm |
| May 2012 | -1.4% | £532pcm |
| May 2011 | 8.2% | £540pcm |
| May 2010 | 1.6% | £499pcm |
| May 2009 | -9.7% | £491pcm |
| May 2008 | 0.7% | £544pcm |
| May 2007 | 0% | £540pcm |
The last sale was on 26th March 2025 for £170,000 and since then the market in the area has increased by 11.5%. The postcode has had a total of 14 sales since 1995.
IP24 1EP has seen 1 sale in the last three years and no sales in the last twelve months.
IP24 1EP is the 532nd largest and the 138th most expensive postcode out of the 734 postcodes in the IP24 area.
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The closest station to IP24 1EP is Thetford station which is 500 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around IP24 1EP, 42.3% of property is socially rented and 22.8% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around IP24 1EP, 22.6% of residents are recorded as possessing school level qualifications and 12.4% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around IP24 1EP, the average age was 36.5 and the most common age was 7.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around IP24 1EP, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around IP24 1EP, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.