Thetford Road - IP24 1RU
Key Postcode Insights
IP24 1RU is a residential postcode situated on Thetford Road, Wretham, Thetford, IP24 with 5 addresses.
It ranks as the 154th largest and 487th 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 5 properties: 4 houses and 1 flat.
- Ave. Sale Price
- £245,159
- 10 Year change
- up 21.8%
- Ave. Rental Price
- £1,304pcm
- 10 Year change
- up 43.8%
- Ave. £ per ft²
- £197/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
IP24 1RU is a residential postcode situated on Thetford Road, Wretham, Thetford, IP24 with 5 addresses.
It ranks as the 154th largest and 487th 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 5 properties: 4 houses and 1 flat.
- Ave. Sale Price
- £245,159
- 10 Year change
- up 21.8%
- Ave. Rental Price
- £1,304pcm
- 10 Year change
- up 43.8%
- Ave. £ per ft²
- £197/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin IP24 1RU
- 1 Larkshall Cottages Thetford Road
4 Bed Period House
- Wardens House
2 Bed Mid-century Flat
- Larkshall
5 Bed Modern House
- Larkshall House
4 Bed Mid-century House
Sales Market Trends
The last sale in IP24 1RU sold for £500,000 on 14th October 2022. Since then prices are up an average of 42.7%.
The current average value in the postcode is £245,159.
The IP24 1RU Sales Market has increased by 21.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.5% | £245,159 |
| June 2025 | -1.4% | £256,648 |
| June 2024 | -2.4% | £260,419 |
| June 2023 | 0.2% | £266,747 |
| June 2022 | 12% | £266,117 |
| June 2021 | 6.3% | £237,603 |
| June 2020 | 1.7% | £223,517 |
| June 2019 | 1.3% | £219,853 |
| June 2018 | 3% | £217,097 |
| June 2017 | 4.7% | £210,768 |
| June 2016 | 8.1% | £201,245 |
| June 2015 | 6.4% | £186,182 |
| June 2014 | 8.2% | £174,995 |
| June 2013 | 2% | £161,765 |
| June 2012 | -0.3% | £158,625 |
| June 2011 | -0.5% | £159,118 |
| June 2010 | 7.2% | £159,903 |
| June 2009 | -13.5% | £149,203 |
| June 2008 | -3.7% | £172,497 |
| June 2007 | 0% | £179,037 |
Rental Market Trends
The current average rental value in the postcode is £1,304.
The IP24 1RU Rental Market has increased by 43.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,304pcm |
| June 2025 | 4.3% | £1,277pcm |
| June 2024 | 5.4% | £1,224pcm |
| June 2023 | 5% | £1,161pcm |
| June 2022 | 7.1% | £1,106pcm |
| June 2021 | 6.8% | £1,033pcm |
| June 2020 | 1.1% | £968pcm |
| June 2019 | 1.2% | £957pcm |
| June 2018 | 2.1% | £946pcm |
| June 2017 | 2.2% | £926pcm |
| June 2016 | 3.5% | £906pcm |
| June 2015 | 2.9% | £875pcm |
| June 2014 | 4.6% | £851pcm |
| June 2013 | 2.4% | £813pcm |
| June 2012 | -0.6% | £794pcm |
| June 2011 | 4.9% | £799pcm |
| June 2010 | 4.9% | £762pcm |
| June 2009 | -7.8% | £726pcm |
| June 2008 | 0% | £787pcm |
| June 2007 | 0% | £787pcm |
Sales History
The last sale was on 14th October 2022 for £500,000 and since then the market in the area has increased by 42.7%. The postcode has had a total of 6 sales since 1995.
IP24 1RU has seen no sales in the last three years and no sales in the last twelve months.
- Sold Oct 2022£500,000 | 4 Bed HouseLarkshall House, Thetford Road, Thetford, IP24 1RULarkshall House, Thetford Road, Thetford, IP24 1RU
- Sold Sep 2021£600,000 | 4 Bed HouseLarkshall House, Thetford Road, Thetford, IP24 1RULarkshall House, Thetford Road, Thetford, IP24 1RU
- Sold Sep 2014£2,000,000 | 5 Bed HouseLarkshall, Thetford Road, Thetford, IP24 1RULarkshall, Thetford Road, Thetford, IP24 1RU
- Sold May 2007£180,000 | 4 Bed House1 Larkshall Cottages, Thetford Road, Thetford, IP24 1RU1 Larkshall Cottages, Thetford Road, Thetford, IP24 1RU
- Sold Sep 1999£55,000 | 4 Bed House2 Larkshall Cottages, Thetford Road, Thetford, IP24 1RU2 Larkshall Cottages, Thetford Road, Thetford, IP24 1RU
Nearby Postcodes
IP24 1RU is the 154th largest and the 487th most expensive postcode out of the 734 postcodes in the IP24 area.
- IP24 1QY, Thetford Road, Wretham, Thetford, IP24IP24 1QY3 Addresses|360 m away
- IP24 1QZ, Thetford Road, Wretham, Thetford, IP24IP24 1QZ7 Addresses|738 m away
- IP24 1RB, Cricket Ground Road, Wretham, Thetford, IP24IP24 1RB6 Addresses|843 m away
- IP24 1QX, Thetford Road, Wretham, Thetford, IP24IP24 1QX5 Addresses|1.2 km away
- IP24 1RX, Hilda Raker Close, Wretham, Thetford, IP24IP24 1RX3 Addresses|1.3 km away
Property Types
- 1 period house built between 1800 and 1911
- 1 modern house built after 1980
- 1 mid-century house built between 1936 and 1979
- 1 mid-century flat built between 1936 and 1979
- 1 other address of unknown type
- period house (1)
- modern house (1)
- mid-century house (1)
- mid-century flat (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (0)
- G (0)
- D (2)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Sep 2014£2,000,000 | 5 Bed HouseLarkshall, Thetford Road, Thetford, IP24 1RULarkshall, Thetford Road, Thetford, IP24 1RU
- Sold Sep 2021£600,000 | 4 Bed HouseLarkshall House, Thetford Road, Thetford, IP24 1RULarkshall House, Thetford Road, Thetford, IP24 1RU
- Sold Oct 2022£500,000 | 4 Bed HouseLarkshall House, Thetford Road, Thetford, IP24 1RULarkshall House, Thetford Road, Thetford, IP24 1RU
Schools Nearby
- Great Hockham Primary School and Nursery5.3 km away
- Admirals Academy6.3 km away
- Raleigh Infant Academy6.3 km away
- The Thetford Academy6.1 km away
- Wayland Academy11.2 km away
- Attleborough Academy14.7 km away
More reading links
Public Transport Nearby
The closest station to IP24 1RU is Harling Road station, which is 6.1 kilometres away.
- Harling Road|6.1 km away
- Thetford|7.3 km away
- Eccles Road|10.1 km away
- Brandon|13.4 km away
