Magdalen Street - IP24 2BT
Key Postcode Insights
IP24 2BT is a residential postcode situated on Magdalen Street, Thetford, IP24 with 14 addresses.
It ranks as the 354th largest and 220th most expensive of the 734 postcodes in the IP24 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 14 properties: 9 houses and 5 other properties.
- Ave. Sale Price
- £167,244
- 10 Year change
- up 21.8%
- Ave. Rental Price
- £1,011pcm
- 10 Year change
- up 44.2%
- Ave. £ per ft²
- £234/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Key Postcode Insights
IP24 2BT is a residential postcode situated on Magdalen Street, Thetford, IP24 with 14 addresses.
It ranks as the 354th largest and 220th most expensive of the 734 postcodes in the IP24 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 14 properties: 9 houses and 5 other properties.
- Ave. Sale Price
- £167,244
- 10 Year change
- up 21.8%
- Ave. Rental Price
- £1,011pcm
- 10 Year change
- up 44.2%
- Ave. £ per ft²
- £234/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Explore Properties in IP24 2BT
- 94 Magdalen Street
3 Bed Mid-century House
- 96 Magdalen Street
House
- 98 Magdalen Street
House
- 100 Magdalen Street
House
- 102 Magdalen Street
House
Sales Market Trends
The last sale in IP24 2BT sold for £166,500 on 26th April 2019. Since then prices are up an average of 13.7%.
The current average value in the postcode is £167,244.
The IP24 2BT Sales Market has increased by 21.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.6% | £167,244 |
| June 2025 | 0.3% | £173,444 |
| June 2024 | -3.4% | £172,975 |
| June 2023 | 0.2% | £179,126 |
| June 2022 | 12.2% | £178,762 |
| June 2021 | 6.7% | £159,377 |
| June 2020 | 0.9% | £149,309 |
| June 2019 | 0.7% | £147,974 |
| June 2018 | 3.2% | £147,005 |
| June 2017 | 3.7% | £142,402 |
| June 2016 | 9.6% | £137,290 |
| June 2015 | 8.9% | £125,292 |
| June 2014 | 12.1% | £115,021 |
| June 2013 | 1.1% | £102,610 |
| June 2012 | 1.3% | £101,503 |
| June 2011 | -1.3% | £100,154 |
| June 2010 | 7.9% | £101,480 |
| June 2009 | -16% | £94,053 |
| June 2008 | -3.8% | £111,924 |
| June 2007 | 0% | £116,308 |
Rental Market Trends
The current average rental value in the postcode is £1,011.
The IP24 2BT Rental Market has increased by 44.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,011pcm |
| June 2025 | 5.2% | £980pcm |
| June 2024 | 3% | £932pcm |
| June 2023 | 3.6% | £904pcm |
| June 2022 | 7.8% | £873pcm |
| June 2021 | 6.9% | £809pcm |
| June 2020 | 0.9% | £757pcm |
| June 2019 | 0% | £751pcm |
| June 2018 | 3.7% | £750pcm |
| June 2017 | 3.3% | £724pcm |
| June 2016 | 3.2% | £701pcm |
| June 2015 | 5% | £679pcm |
| June 2014 | 8.2% | £647pcm |
| June 2013 | 3.6% | £598pcm |
| June 2012 | -1.2% | £578pcm |
| June 2011 | 7.3% | £585pcm |
| June 2010 | 3% | £545pcm |
| June 2009 | -10.1% | £529pcm |
| June 2008 | 0.4% | £589pcm |
| June 2007 | 0% | £587pcm |
Sales History
The last recorded sale was on 26th April 2019 for £166,500 and since then the market in the area has increased by 13.7%.
IP24 2BT has had 2 sales since 1995, none of them in the last three years.
- Sold Apr 2019£166,500 | 3 Bed House116, Magdalen Street, Thetford, IP24 2BT116, Magdalen Street, Thetford, IP24 2BT
- Sold Jul 2007£138,000 | 3 Bed House116, Magdalen Street, Thetford, IP24 2BT116, Magdalen Street, Thetford, IP24 2BT
Nearby Postcodes
IP24 2BT is the 354th largest and the 220th most expensive postcode out of the 734 postcodes in the IP24 area.
- IP24 2DA, Magdalen Street, Thetford, IP24IP24 2DA24 Addresses|50 m away
- IP24 2DD, Norfolk Road, Thetford, IP24IP24 2DD12 Addresses|61 m away
- IP24 2DB, Norfolk Road, Thetford, IP24IP24 2DB21 Addresses|84 m away
- IP24 2HJ, Melford Common, Thetford, IP24IP24 2HJ14 Addresses|112 m away
- IP24 2TS, Melford Court, Thetford, IP24IP24 2TS5 Addresses|120 m away
Property Types
- 9 mid-century houses built between 1936 and 1979
- 5 other addresses of unknown type
- mid-century house (9)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 9 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (6)
- No EPC (5)
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 Academy400 m away
- Drake Primary School700 m away
- Admirals Academy800 m away
- The Thetford Academy1.4 km away
- Breckland School10.8 km away
- Ixworth High School13.9 km away
More reading links
Public Transport Nearby
The closest station to IP24 2BT is Thetford station, which is 900 metres away.
- Thetford|900 m away
- Brandon|9.9 km away
- Harling Road|11.2 km away
- Lakenheath|15.5 km away
