Magdalen Street - IP24 2BN
Key Postcode Insights
IP24 2BN is a residential postcode situated on Magdalen Street, Thetford, IP24 with 37 addresses.
It ranks as the 659th largest and 221st 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 37 properties: 37 houses.
- Ave. Sale Price
- £192,573
- 10 Year change
- up 21.9%
- Ave. Rental Price
- £1,085pcm
- 10 Year change
- up 44.3%
- Ave. £ per ft²
- £254/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Postcode Insights
IP24 2BN is a residential postcode situated on Magdalen Street, Thetford, IP24 with 37 addresses.
It ranks as the 659th largest and 221st 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 37 properties: 37 houses.
- Ave. Sale Price
- £192,573
- 10 Year change
- up 21.9%
- Ave. Rental Price
- £1,085pcm
- 10 Year change
- up 44.3%
- Ave. £ per ft²
- £254/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Propertiesin IP24 2BN
- 2A Magdalen Street
2 Bed Modern House
- 2 Magdalen Street
2 Bed Modern House
- 4 Magdalen Street
3 Bed Period House
- 5 Magdalen Street
Unknown
- 7 Magdalen Street
Unknown
Sales Market Trends
The last sale in IP24 2BN sold for £275,000 on 19th September 2025. Since then prices are down an average of 3.4%.
The current average value in the postcode is £192,573.
The IP24 2BN Sales Market has increased by 21.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.7% | £192,573 |
| June 2025 | 0.2% | £199,984 |
| June 2024 | -3.3% | £199,607 |
| June 2023 | 0.3% | £206,518 |
| June 2022 | 11.9% | £205,845 |
| June 2021 | 7% | £183,986 |
| June 2020 | 1.2% | £171,946 |
| June 2019 | 0.7% | £169,981 |
| June 2018 | 3.1% | £168,839 |
| June 2017 | 3.6% | £163,728 |
| June 2016 | 9.6% | £158,025 |
| June 2015 | 8.5% | £144,152 |
| June 2014 | 11.9% | £132,873 |
| June 2013 | 1.2% | £118,765 |
| June 2012 | 1.3% | £117,305 |
| June 2011 | -1.2% | £115,840 |
| June 2010 | 8.4% | £117,274 |
| June 2009 | -15.7% | £108,181 |
| June 2008 | -3.8% | £128,262 |
| June 2007 | 0% | £133,382 |
Rental Market Trends
The current average rental value in the postcode is £1,085.
The IP24 2BN Rental Market has increased by 44.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,085pcm |
| June 2025 | 5.1% | £1,053pcm |
| June 2024 | 3.1% | £1,003pcm |
| June 2023 | 3.8% | £973pcm |
| June 2022 | 7.6% | £937pcm |
| June 2021 | 7.1% | £871pcm |
| June 2020 | 1.1% | £813pcm |
| June 2019 | 0.1% | £804pcm |
| June 2018 | 3.6% | £804pcm |
| June 2017 | 3.1% | £776pcm |
| June 2016 | 3.2% | £752pcm |
| June 2015 | 4.5% | £729pcm |
| June 2014 | 8% | £697pcm |
| June 2013 | 3.7% | £646pcm |
| June 2012 | -1.3% | £623pcm |
| June 2011 | 7.4% | £631pcm |
| June 2010 | 3.5% | £588pcm |
| June 2009 | -9.8% | £568pcm |
| June 2008 | 0.3% | £629pcm |
| June 2007 | 0% | £627pcm |
Sales History
The last sale was on 19th September 2025 for £275,000 and since then the market in the area has decreased by 3.4%. The postcode has had a total of 54 sales since 1995.
IP24 2BN has seen 5 sales in the last three years and 2 sales in the last twelve months.
- Sold Sep 2025£275,000 | 4 Bed House46, Magdalen Street, Thetford, IP24 2BN46, Magdalen Street, Thetford, IP24 2BN
- Sold Aug 2025£70,000 | 2 Bed House34, Magdalen Street, Thetford, IP24 2BN34, Magdalen Street, Thetford, IP24 2BN
- Sold May 2024£124,500 | 3 Bed House32, Magdalen Street, Thetford, IP24 2BN32, Magdalen Street, Thetford, IP24 2BN
- Sold Dec 2023£165,000 | 3 Bed House17, Magdalen Street, Thetford, IP24 2BN17, Magdalen Street, Thetford, IP24 2BN
- Sold Apr 2023£180,000 | 3 Bed House60, Magdalen Street, Thetford, IP24 2BN60, Magdalen Street, Thetford, IP24 2BN
Nearby Postcodes
IP24 2BN is the 659th largest and the 221st most expensive postcode out of the 734 postcodes in the IP24 area.
- IP24 2BS, Sutherland Court, Thetford, IP24IP24 2BS9 Addresses|47 m away
- IP24 2BW, Grove Lane, Thetford, IP24IP24 2BW1 Addresses|55 m away
- IP24 2HL, Rope Walk, Thetford, IP24IP24 2HL10 Addresses|60 m away
- IP24 2DQ, Millington Court, Thetford, IP24IP24 2DQ12 Addresses|61 m away
- IP24 2DU, Nickerson Yard, Thetford, IP24IP24 2DU8 Addresses|71 m away
Property Types
- 14 period houses built between 1800 and 1911
- 3 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 4 houses of an unknown age
- 14 other addresses of unknown type
- period house (14)
- modern house (3)
- mid-century house (2)
- house (4)
- Unknown (14)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (6)
- G (0)
- D (10)
- No EPC (18)
Top 3 Most Expensive Sales
- Sold Mar 2022£400,000 | 4 Bed House73, Magdalen Street, Thetford, IP24 2DA73, Magdalen Street, Thetford, IP24 2DA
- Sold Apr 2022£400,000 | 5 Bed House29, Magdalen Street, Thetford, IP24 2BP29, Magdalen Street, Thetford, IP24 2BP
- Sold Mar 2020£375,000 | 4 Bed House37, Magdalen Street, Thetford, IP24 2BP37, Magdalen Street, Thetford, IP24 2BP
Schools Nearby
- Norwich Road Academy200 m away
- Drake Primary School900 m away
- Queensway Junior Academy1.0 km away
- The Thetford Academy1.5 km away
- Breckland School10.6 km away
- Ixworth High School13.9 km away
More reading links
Public Transport Nearby
The closest station to IP24 2BN is Thetford station, which is 700 metres away.
- Thetford|700 m away
- Brandon|9.7 km away
- Harling Road|11.5 km away
- Lakenheath|15.3 km away
