Magdalen Street - IP24 2BP
Key Postcode Insights
IP24 2BP is a residential postcode situated on Magdalen Street, Thetford, IP24 with 38 addresses.
It ranks as the 664th largest and 219th 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 38 properties: 31 houses and 7 flats.
- Ave. Sale Price
- £189,969
- 10 Year change
- up 17.7%
- Ave. Rental Price
- £1,027pcm
- 10 Year change
- up 39.3%
- Ave. £ per ft²
- £268/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
IP24 2BP is a residential postcode situated on Magdalen Street, Thetford, IP24 with 38 addresses.
It ranks as the 664th largest and 219th 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 38 properties: 31 houses and 7 flats.
- Ave. Sale Price
- £189,969
- 10 Year change
- up 17.7%
- Ave. Rental Price
- £1,027pcm
- 10 Year change
- up 39.3%
- Ave. £ per ft²
- £268/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin IP24 2BP
- Stables Yard
Building  |  2 Flats
- 29 Magdalen Street
5 Bed Period House
- 31 Magdalen Street
Unknown
- 33 Magdalen Street
3 Bed Period House
- 35 Magdalen Street
Unknown
Sales Market Trends
The last sale in IP24 2BP sold for £95,000 on 12th November 2025. Since then prices are down an average of 6.4%.
The current average value in the postcode is £189,969.
The IP24 2BP Sales Market has increased by 17.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.9% | £189,969 |
| June 2025 | -0.3% | £197,667 |
| June 2024 | -2.9% | £198,263 |
| June 2023 | 0.2% | £204,227 |
| June 2022 | 10.9% | £203,794 |
| June 2021 | 6.2% | £183,811 |
| June 2020 | 1% | £173,025 |
| June 2019 | 0.7% | £171,323 |
| June 2018 | 2.5% | £170,148 |
| June 2017 | 2.8% | £165,942 |
| June 2016 | 9.2% | £161,411 |
| June 2015 | 7.8% | £147,880 |
| June 2014 | 11.4% | £137,123 |
| June 2013 | 1.3% | £123,066 |
| June 2012 | 0.8% | £121,527 |
| June 2011 | -1.1% | £120,560 |
| June 2010 | 7.5% | £121,914 |
| June 2009 | -16% | £113,367 |
| June 2008 | -4.1% | £134,881 |
| June 2007 | 0% | £140,691 |
Rental Market Trends
The current average rental value in the postcode is £1,027.
The IP24 2BP Rental Market has increased by 39.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £1,027pcm |
| June 2025 | 4.6% | £999pcm |
| June 2024 | 3.5% | £955pcm |
| June 2023 | 3.6% | £922pcm |
| June 2022 | 6.6% | £890pcm |
| June 2021 | 6.3% | £835pcm |
| June 2020 | 1% | £785pcm |
| June 2019 | 0.1% | £778pcm |
| June 2018 | 3% | £777pcm |
| June 2017 | 2.3% | £754pcm |
| June 2016 | 2.8% | £737pcm |
| June 2015 | 3.9% | £717pcm |
| June 2014 | 7.5% | £690pcm |
| June 2013 | 3.8% | £642pcm |
| June 2012 | -1.8% | £619pcm |
| June 2011 | 7.5% | £630pcm |
| June 2010 | 2.7% | £586pcm |
| June 2009 | -10.1% | £571pcm |
| June 2008 | 0% | £635pcm |
| June 2007 | 0% | £635pcm |
Sales History
The last sale was on 12th November 2025 for £95,000 and since then the market in the area has decreased by 6.4%. The postcode has had a total of 44 sales since 1995.
IP24 2BP has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Nov 2025£95,000 | 3 Bed House33, Magdalen Street, Thetford, IP24 2BP33, Magdalen Street, Thetford, IP24 2BP
- Sold Mar 2023£190,000 | 2 Bed House92, Magdalen Street, Thetford, IP24 2BP92, Magdalen Street, Thetford, IP24 2BP
- Sold Apr 2022£400,000 | 5 Bed House29, Magdalen Street, Thetford, IP24 2BP29, Magdalen Street, Thetford, IP24 2BP
- Sold Jul 2021£175,000 | 2 Bed House92, Magdalen Street, Thetford, IP24 2BP92, Magdalen Street, Thetford, IP24 2BP
- Sold Sep 2020£220,500 | 4 Bed House66, Magdalen Street, Thetford, IP24 2BP66, Magdalen Street, Thetford, IP24 2BP
Nearby Postcodes
IP24 2BP is the 664th largest and the 219th most expensive postcode out of the 734 postcodes in the IP24 area.
- IP24 2TS, Melford Court, Thetford, IP24IP24 2TS5 Addresses|31 m away
- IP24 2HJ, Melford Common, Thetford, IP24IP24 2HJ14 Addresses|73 m away
- IP24 2BU, Lime Kiln Lane, Thetford, IP24IP24 2BU40 Addresses|104 m away
- IP24 2BW, Grove Lane, Thetford, IP24IP24 2BW1 Addresses|113 m away
- IP24 2HH, Melford Bridge Road, Thetford, IP24IP24 2HH37 Addresses|115 m away
Property Types
- 13 period houses built between 1800 and 1911
- 10 modern houses built after 1980
- 5 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 8 other addresses of unknown type
- period house (13)
- modern house (10)
- mid-century house (5)
- house (2)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 27 properties.
- The most common rating is D.
- A (0)
- E (8)
- B (1)
- F (1)
- C (6)
- G (0)
- D (11)
- No EPC (11)
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 Academy300 m away
- Drake Primary School800 m away
- Admirals Academy900 m away
- The Thetford Academy1.4 km away
- Breckland School10.7 km away
- Ixworth High School13.9 km away
More reading links
Public Transport Nearby
The closest station to IP24 2BP is Thetford station, which is 800 metres away.
- Thetford|800 m away
- Brandon|9.8 km away
- Harling Road|11.4 km away
- Lakenheath|15.4 km away
