IP24 1PS is a residential postcode situated on Tottington Road, Thompson, Thetford, IP24 with 8 addresses.
It ranks as the 229th largest and 621st most expensive of the 733 postcodes in the IP24 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 8 properties: 8 houses.
IP24 1PS is a residential postcode situated on Tottington Road, Thompson, Thetford, IP24 with 8 addresses.
It ranks as the 229th largest and 621st most expensive of the 733 postcodes in the IP24 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 8 properties: 8 houses.
Sale prices range from £178,851 for 3 bedroom freehold houses with a garden (753 ft2) to £643,164 for 5 bedroom freehold houses with a garden (3,218 ft2) .
Monthly rental prices range from £1,069 pcm for 3 bed houses to £2,476 pcm for 5 bed houses.
The gross rental yield is between 4.6% and 7.2%.
The average value per square foot is £265.
The last sale in IP24 1PS sold for £197,000 on 24th March 2025. Since then prices are down an average of 3.2%.
The current average value in the postcode is £369,278.
The IP24 1PS Sales Market has increased by 29.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.3% | £369,278 |
| April 2025 | -1.5% | £381,969 |
| April 2024 | -3.4% | £387,890 |
| April 2023 | 3.4% | £401,692 |
| April 2022 | 12.7% | £388,644 |
| April 2021 | 6.3% | £344,821 |
| April 2020 | 1.3% | £324,242 |
| April 2019 | 1.2% | £320,002 |
| April 2018 | 4.2% | £316,318 |
| April 2017 | 6.8% | £303,644 |
| April 2016 | 8% | £284,197 |
| April 2015 | 8.1% | £263,120 |
| April 2014 | 7.9% | £243,421 |
| April 2013 | 4.1% | £225,518 |
| April 2012 | -1.2% | £216,689 |
| April 2011 | 0.8% | £219,245 |
| April 2010 | 4.2% | £217,603 |
| April 2009 | -14.4% | £208,752 |
| April 2008 | 1.5% | £244,001 |
| April 2007 | 0% | £240,312 |
The current average rental value in the postcode is £1,574.
The IP24 1PS Rental Market has increased by 48.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £1,574pcm |
| April 2025 | 4.7% | £1,542pcm |
| April 2024 | 4.6% | £1,473pcm |
| April 2023 | 6.1% | £1,408pcm |
| April 2022 | 8% | £1,327pcm |
| April 2021 | 6.6% | £1,228pcm |
| April 2020 | 1.6% | £1,152pcm |
| April 2019 | 1% | £1,134pcm |
| April 2018 | 2.6% | £1,122pcm |
| April 2017 | 3.2% | £1,093pcm |
| April 2016 | 4.2% | £1,060pcm |
| April 2015 | 4.6% | £1,018pcm |
| April 2014 | 3.4% | £973pcm |
| April 2013 | 4.5% | £941pcm |
| April 2012 | 0.9% | £901pcm |
| April 2011 | 3.8% | £893pcm |
| April 2010 | 3% | £860pcm |
| April 2009 | -7.4% | £835pcm |
| April 2008 | 3% | £902pcm |
| April 2007 | 0% | £876pcm |
The last sale was on 24th March 2025 for £197,000 and since then the market in the area has decreased by 3.2%. The postcode has had a total of 9 sales since 1995.
IP24 1PS has seen 2 sales in the last three years and no sales in the last twelve months.
IP24 1PS is the 229th largest and the 621st most expensive postcode out of the 733 postcodes in the IP24 area.
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The closest station to IP24 1PS is Harling Road station which is 10.2 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around IP24 1PS, 54.8% of property is privately owned outright and 25.0% 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 1PS, 10.1% of residents are recorded as possessing school level qualifications and 30.4% 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 1PS, the average age was 42.5 and the most common age was 57.
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 1PS, 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 1PS, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.