Mundford Road - IP24 1NB
Key Postcode Insights
IP24 1NB is a residential postcode situated on Mundford Road, Two Mile Bottom, Thetford, IP24 with 4 addresses.
It ranks as the 112th largest and 536th most expensive of the 734 postcodes in the IP24 area.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £277,275
- 10 Year change
- up 21.8%
- Ave. Rental Price
- £1,444pcm
- 10 Year change
- up 44.2%
- Ave. £ per ft²
- £266/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
IP24 1NB is a residential postcode situated on Mundford Road, Two Mile Bottom, Thetford, IP24 with 4 addresses.
It ranks as the 112th largest and 536th most expensive of the 734 postcodes in the IP24 area.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £277,275
- 10 Year change
- up 21.8%
- Ave. Rental Price
- £1,444pcm
- 10 Year change
- up 44.2%
- Ave. £ per ft²
- £266/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertiesin IP24 1NB
- Chisley Vale Rise
Unknown
- Lyncroft Farm House
Unknown
- Unit 5 Mundford Road
Unknown
- Waterworks House
Unknown
Sales Market Trends
The last sale in IP24 1NB sold for £130,000 on 13th May 2002. Since then prices are down an average of 0.0%.
The current average value in the postcode is £277,275.
The IP24 1NB Sales Market has increased by 21.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.8% | £277,275 |
| June 2025 | 0.1% | £288,229 |
| June 2024 | -3.3% | £287,891 |
| June 2023 | 0.5% | £297,651 |
| June 2022 | 11.4% | £296,253 |
| June 2021 | 7.4% | £266,019 |
| June 2020 | 1.6% | £247,618 |
| June 2019 | 0.6% | £243,708 |
| June 2018 | 2.9% | £242,184 |
| June 2017 | 3.3% | £235,255 |
| June 2016 | 9.9% | £227,675 |
| June 2015 | 7.8% | £207,233 |
| June 2014 | 11.6% | £192,176 |
| June 2013 | 1.4% | £172,184 |
| June 2012 | 1.2% | £169,753 |
| June 2011 | -1.1% | £167,764 |
| June 2010 | 9.1% | £169,692 |
| June 2009 | -15.3% | £155,480 |
| June 2008 | -4% | £183,558 |
| June 2007 | 0% | £191,116 |
Rental Market Trends
The current average rental value in the postcode is £1,444.
The IP24 1NB Rental Market has increased by 44.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,444pcm |
| June 2025 | 5% | £1,403pcm |
| June 2024 | 3.2% | £1,336pcm |
| June 2023 | 3.9% | £1,295pcm |
| June 2022 | 7.1% | £1,247pcm |
| June 2021 | 7.5% | £1,164pcm |
| June 2020 | 1.6% | £1,083pcm |
| June 2019 | 0% | £1,066pcm |
| June 2018 | 3.4% | £1,066pcm |
| June 2017 | 2.9% | £1,030pcm |
| June 2016 | 3.4% | £1,002pcm |
| June 2015 | 3.9% | £969pcm |
| June 2014 | 7.7% | £932pcm |
| June 2013 | 3.9% | £865pcm |
| June 2012 | -1.4% | £833pcm |
| June 2011 | 7.4% | £844pcm |
| June 2010 | 4.2% | £786pcm |
| June 2009 | -9.4% | £754pcm |
| June 2008 | 0.2% | £832pcm |
| June 2007 | 0% | £831pcm |
Sales History
The last sale was on 13th May 2002 for £130,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
IP24 1NB has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
IP24 1NB is the 112th largest and the 536th most expensive postcode out of the 734 postcodes in the IP24 area.
- IP24 1HU, Telford Way, Thetford, IP24IP24 1HU3 Addresses|168 m away
- IP24 1HZ, Howlett Way, Thetford, IP24IP24 1HZ2 Addresses|325 m away
- IP24 1HP, Brunel Way, Thetford, IP24IP24 1HP11 Addresses|345 m away
- IP24 1HS, Hill Fort Close, Thetford, IP24IP24 1HS4 Addresses|371 m away
- IP24 1JA, Baird Way, Thetford, IP24IP24 1JA1 Addresses|384 m away
Property Types
- 4 other addresses of unknown type
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Dec 2011£200,000 | 3 Bed House2 Railway Cottages, Mundford Road, Thetford, IP24 1LX2 Railway Cottages, Mundford Road, Thetford, IP24 1LX
- Sold May 2002£130,000 | 4 Bed HouseLyncroft Farm House, Mundford Road, Thetford, IP24 1NBLyncroft Farm House, Mundford Road, Thetford, IP24 1NB
- Sold Aug 1996£98,340 | 4 Bed HouseLyncroft Farm House, Mundford Road, Thetford, IP24 1NBLyncroft Farm House, Mundford Road, Thetford, IP24 1NB
Schools Nearby
- The Bishop's Church of England Primary Academy900 m away
- Drake Primary School1.0 km away
- Norwich Road Academy1.1 km away
- The Thetford Academy1.1 km away
- Breckland School9.6 km away
- Ixworth High School15.3 km away
More reading links
Public Transport Nearby
The closest station to IP24 1NB is Thetford station, which is 700 metres away.
- Thetford|700 m away
- Brandon|8.6 km away
- Harling Road|11.8 km away
- Lakenheath|14.3 km away