Fairfields - IP24 1JL
Key Postcode Insights
IP24 1JL is a residential postcode situated on Fairfields, Thetford, IP24 with 32 addresses.
It ranks as the 613th largest and 294th 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 32 properties: 32 houses.
- Ave. Sale Price
- £195,480
- 10 Year change
- up 21.8%
- Ave. Rental Price
- £1,136pcm
- 10 Year change
- up 44.2%
- Ave. £ per ft²
- £223/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Postcode Insights
IP24 1JL is a residential postcode situated on Fairfields, Thetford, IP24 with 32 addresses.
It ranks as the 613th largest and 294th 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 32 properties: 32 houses.
- Ave. Sale Price
- £195,480
- 10 Year change
- up 21.8%
- Ave. Rental Price
- £1,136pcm
- 10 Year change
- up 44.2%
- Ave. £ per ft²
- £223/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Propertiesin IP24 1JL
- 1 Fairfields
3 Bed Mid-century House
- 3 Fairfields
3 Bed Mid-century House
- 5 Fairfields
3 Bed Mid-century House
- 7 Fairfields
Unknown
- 9 Fairfields
3 Bed Mid-century House
Sales Market Trends
The last sale in IP24 1JL sold for £215,000 on 13th October 2025. Since then prices are down an average of 2.4%.
The current average value in the postcode is £195,480.
The IP24 1JL Sales Market has increased by 21.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.7% | £195,480 |
| June 2025 | 0.2% | £203,011 |
| June 2024 | -3.3% | £202,639 |
| June 2023 | 0.3% | £209,647 |
| June 2022 | 11.8% | £208,934 |
| June 2021 | 7.1% | £186,860 |
| June 2020 | 1.2% | £174,545 |
| June 2019 | 0.7% | £172,452 |
| June 2018 | 3.1% | £171,312 |
| June 2017 | 3.6% | £166,161 |
| June 2016 | 9.7% | £160,436 |
| June 2015 | 8.4% | £146,297 |
| June 2014 | 11.9% | £134,947 |
| June 2013 | 1.3% | £120,650 |
| June 2012 | 1.3% | £119,144 |
| June 2011 | -1.2% | £117,663 |
| June 2010 | 8.5% | £119,110 |
| June 2009 | -15.6% | £109,789 |
| June 2008 | -3.9% | £130,116 |
| June 2007 | 0% | £135,330 |
Rental Market Trends
The current average rental value in the postcode is £1,136.
The IP24 1JL Rental Market has increased by 44.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,136pcm |
| June 2025 | 5.1% | £1,102pcm |
| June 2024 | 3.1% | £1,049pcm |
| June 2023 | 3.8% | £1,018pcm |
| June 2022 | 7.5% | £981pcm |
| June 2021 | 7.2% | £912pcm |
| June 2020 | 1.2% | £851pcm |
| June 2019 | 0.1% | £841pcm |
| June 2018 | 3.6% | £841pcm |
| June 2017 | 3.1% | £812pcm |
| June 2016 | 3.2% | £787pcm |
| June 2015 | 4.5% | £763pcm |
| June 2014 | 7.9% | £730pcm |
| June 2013 | 3.8% | £676pcm |
| June 2012 | -1.3% | £652pcm |
| June 2011 | 7.4% | £660pcm |
| June 2010 | 3.6% | £615pcm |
| June 2009 | -9.7% | £594pcm |
| June 2008 | 0.3% | £658pcm |
| June 2007 | 0% | £656pcm |
Sales History
The last sale was on 13th October 2025 for £215,000 and since then the market in the area has decreased by 2.4%. The postcode has had a total of 42 sales since 1995.
IP24 1JL has seen 4 sales in the last three years and 2 sales in the last twelve months.
- Sold Oct 2025£215,000 | 3 Bed House3, Fairfields, Thetford, IP24 1JL3, Fairfields, Thetford, IP24 1JL
- Sold Sep 2025£147,500 | 2 Bed House29, Fairfields, Thetford, IP24 1JL29, Fairfields, Thetford, IP24 1JL
- Sold Jul 2024£160,000 | 3 Bed House49, Fairfields, Thetford, IP24 1JL49, Fairfields, Thetford, IP24 1JL
- Sold Mar 2023£210,000 | 3 Bed House23, Fairfields, Thetford, IP24 1JL23, Fairfields, Thetford, IP24 1JL
- Sold Apr 2022£180,000 | 3 Bed House1, Fairfields, Thetford, IP24 1JL1, Fairfields, Thetford, IP24 1JL
Nearby Postcodes
IP24 1JL is the 613th largest and the 294th most expensive postcode out of the 734 postcodes in the IP24 area.
- IP24 1JN, Fairfields, Thetford, IP24IP24 1JN36 Addresses|85 m away
- IP24 1LG, Barley Way, Thetford, IP24IP24 1LG20 Addresses|127 m away
- IP24 1JR, The Glade, Thetford, IP24IP24 1JR33 Addresses|144 m away
- IP24 1TB, Florence Barclay Close, Thetford, IP24IP24 1TB56 Addresses|160 m away
- IP24 1JW, Fairfields, Thetford, IP24IP24 1JW24 Addresses|161 m away
Property Types
- 22 mid-century houses built between 1936 and 1979
- 10 other addresses of unknown type
- mid-century house (22)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 22 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (8)
- G (1)
- D (13)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold May 2023£260,000 | 3 Bed House70, Fairfields, Thetford, IP24 1LB70, Fairfields, Thetford, IP24 1LB
- Sold Aug 2025£250,500 | 3 Bed House22, Fairfields, Thetford, IP24 1LB22, Fairfields, Thetford, IP24 1LB
- Sold Mar 2023£250,000 | 4 Bed House80, Fairfields, Thetford, IP24 1LB80, Fairfields, Thetford, IP24 1LB
Schools Nearby
- Drake Primary School200 m away
- Admirals Academy500 m away
- Raleigh Infant Academy500 m away
- The Thetford Academy500 m away
- Breckland School10.4 km away
- Ixworth High School14.7 km away
More reading links
Public Transport Nearby
The closest station to IP24 1JL is Thetford station, which is 700 metres away.
- Thetford|700 m away
- Brandon|9.4 km away
- Harling Road|11.1 km away
- Lakenheath|15.2 km away