Watton Road - IP24 1PB
Key Postcode Insights
IP24 1PB is a residential postcode situated on Watton Road, Great Hockham, Thetford, IP24 with 35 addresses.
It ranks as the 637th largest and 537th most expensive of the 734 postcodes in the IP24 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 35 properties: 33 houses and 2 flats.
- Ave. Sale Price
- £295,178
- 10 Year change
- up 23.5%
- Ave. Rental Price
- £1,452pcm
- 10 Year change
- up 45.9%
- Ave. £ per ft²
- £243/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
IP24 1PB is a residential postcode situated on Watton Road, Great Hockham, Thetford, IP24 with 35 addresses.
It ranks as the 637th largest and 537th most expensive of the 734 postcodes in the IP24 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 35 properties: 33 houses and 2 flats.
- Ave. Sale Price
- £295,178
- 10 Year change
- up 23.5%
- Ave. Rental Price
- £1,452pcm
- 10 Year change
- up 45.9%
- Ave. £ per ft²
- £243/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin IP24 1PB
- Burrows
4 Bed Modern House
- Butterflies
4 Bed Mid-century House
- Chiltern House
4 Bed Modern House
- Clovelly
Unknown
- Cobwebs
Unknown
Sales Market Trends
The last sale in IP24 1PB sold for £285,000 on 10th December 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £295,178.
The IP24 1PB Sales Market has increased by 23.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.1% | £295,178 |
| June 2025 | -1.1% | £307,848 |
| June 2024 | -2.7% | £311,342 |
| June 2023 | 0.1% | £319,911 |
| June 2022 | 12.5% | £319,455 |
| June 2021 | 6.5% | £283,893 |
| June 2020 | 1.7% | £266,547 |
| June 2019 | 1.1% | £262,205 |
| June 2018 | 3.3% | £259,329 |
| June 2017 | 5.1% | £251,011 |
| June 2016 | 8.5% | £238,941 |
| June 2015 | 7% | £220,299 |
| June 2014 | 8.5% | £205,946 |
| June 2013 | 1.8% | £189,745 |
| June 2012 | -0.1% | £186,335 |
| June 2011 | -0.7% | £186,445 |
| June 2010 | 7.1% | £187,677 |
| June 2009 | -13.7% | £175,177 |
| June 2008 | -3.5% | £203,085 |
| June 2007 | 0% | £210,382 |
Rental Market Trends
The current average rental value in the postcode is £1,452.
The IP24 1PB Rental Market has increased by 45.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,452pcm |
| June 2025 | 4.6% | £1,417pcm |
| June 2024 | 5.1% | £1,355pcm |
| June 2023 | 4.9% | £1,289pcm |
| June 2022 | 7.6% | £1,229pcm |
| June 2021 | 7% | £1,142pcm |
| June 2020 | 1.1% | £1,068pcm |
| June 2019 | 1% | £1,056pcm |
| June 2018 | 2.4% | £1,046pcm |
| June 2017 | 2.5% | £1,021pcm |
| June 2016 | 3.9% | £996pcm |
| June 2015 | 3.5% | £958pcm |
| June 2014 | 4.9% | £926pcm |
| June 2013 | 2.2% | £883pcm |
| June 2012 | -0.4% | £864pcm |
| June 2011 | 4.7% | £867pcm |
| June 2010 | 4.9% | £828pcm |
| June 2009 | -8% | £789pcm |
| June 2008 | 0.2% | £858pcm |
| June 2007 | 0% | £856pcm |
Sales History
The last sale was on 10th December 2025 for £285,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 45 sales since 1995.
IP24 1PB has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Dec 2025£285,000 | 4 Bed HouseBurrows, Watton Road, Thetford, IP24 1PBBurrows, Watton Road, Thetford, IP24 1PB
- Sold Aug 2023£350,000 | 5 Bed HouseHome Cottage, Watton Road, Thetford, IP24 1PBHome Cottage, Watton Road, Thetford, IP24 1PB
- Sold Aug 2022£260,000 | 3 Bed HouseWell Cottage, Watton Road, Thetford, IP24 1PBWell Cottage, Watton Road, Thetford, IP24 1PB
- Sold May 2021£286,000 | 4 Bed HouseButterflies, Watton Road, Thetford, IP24 1PBButterflies, Watton Road, Thetford, IP24 1PB
- Sold Dec 2020£232,000 | 3 Bed HouseLast Homely House, Watton Road, Thetford, IP24 1PBLast Homely House, Watton Road, Thetford, IP24 1PB
Nearby Postcodes
IP24 1PB is the 637th largest and the 537th most expensive postcode out of the 734 postcodes in the IP24 area.
- IP24 1RT, Walnut Close, Great Hockham, Thetford, IP24IP24 1RT4 Addresses|101 m away
- IP24 1PF, Scotgate Close, Great Hockham, Thetford, IP24IP24 1PF43 Addresses|118 m away
- IP24 1NL, Shropham Road, Great Hockham, Thetford, IP24IP24 1NL24 Addresses|157 m away
- IP24 1NW, Kingshill, Great Hockham, Thetford, IP24IP24 1NW4 Addresses|164 m away
- IP24 1PG, Parliament Lane, Great Hockham, Thetford, IP24IP24 1PG2 Addresses|168 m away
Property Types
- 10 period houses built between 1800 and 1911
- 7 modern houses built after 1980
- 8 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 9 other addresses of unknown type
- period house (10)
- modern house (7)
- mid-century house (8)
- house (1)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 22 properties.
- The most common rating is D.
- A (0)
- E (9)
- B (0)
- F (3)
- C (0)
- G (0)
- D (10)
- No EPC (13)
Top 3 Most Expensive Sales
- Sold Feb 2022£1,250,000 | 5 Bed HouseScotgate Cottage, Watton Road, Thetford, IP24 1PDScotgate Cottage, Watton Road, Thetford, IP24 1PD
- Sold Mar 2005£440,000 | 5 Bed HouseScotgate Cottage, Watton Road, Thetford, IP24 1PDScotgate Cottage, Watton Road, Thetford, IP24 1PD
- Sold Feb 2016£387,500 | 5 Bed HouseThe Old Stores, Watton Road, Thetford, IP24 1PBThe Old Stores, Watton Road, Thetford, IP24 1PB
Schools Nearby
- Great Hockham Primary School and Nursery200 m away
- Thompson Primary School4.8 km away
- Caston Church of England Primary Academy5.3 km away
- Wayland Academy8.3 km away
- Attleborough Academy10.0 km away
- The Thetford Academy11.2 km away
More reading links
Public Transport Nearby
The closest station to IP24 1PB is Harling Road station, which is 5.4 kilometres away.
- Harling Road|5.4 km away
- Eccles Road|7.1 km away
- Attleborough|10.2 km away
- Thetford|12.4 km away
