Sovereign Way - IP24 2GG
Key Street Insights
Sovereign Way is a residential street with 15 addresses.
It ranks as the 233rd largest and 385th most expensive of the 485 streets in the IP24 area. The most common property type is a modern house built after 1980.
The street contains a total of 15 properties: 15 houses.
- Ave. Sale Price
- £331,956
- 10 Year change
- up 22.0%
- Ave. Rental Price
- £1,538pcm
- 10 Year change
- up 44.4%
- Ave. £ per ft²
- £277/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Street Insights
Sovereign Way is a residential street with 15 addresses.
It ranks as the 233rd largest and 385th most expensive of the 485 streets in the IP24 area. The most common property type is a modern house built after 1980.
The street contains a total of 15 properties: 15 houses.
- Ave. Sale Price
- £331,956
- 10 Year change
- up 22.0%
- Ave. Rental Price
- £1,538pcm
- 10 Year change
- up 44.4%
- Ave. £ per ft²
- £277/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertieson Sovereign Way, Thetford, IP24
- 1 Sovereign Way
3 Bed Modern House
- 2 Sovereign Way
3 Bed Modern House
- 3 Sovereign Way
4 Bed Modern House
- 4 Sovereign Way
4 Bed Modern House
- 5 Sovereign Way
4 Bed Modern House
Sales Market Trends
The last sale on Sovereign Way sold for £375,100 on 7th April 2026. Since then prices are down an average of 0.7%.
The current average value in the street is £331,956.
The Sovereign Way Sales Market has increased by 22.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4% | £331,956 |
| June 2025 | 0% | £345,753 |
| June 2024 | -3.2% | £345,702 |
| June 2023 | 0.6% | £356,946 |
| June 2022 | 11.3% | £354,831 |
| June 2021 | 7.6% | £318,905 |
| June 2020 | 1.7% | £296,445 |
| June 2019 | 0.7% | £291,403 |
| June 2018 | 2.9% | £289,341 |
| June 2017 | 3.4% | £281,223 |
| June 2016 | 9.7% | £272,054 |
| June 2015 | 7.5% | £247,908 |
| June 2014 | 11.4% | £230,619 |
| June 2013 | 1.6% | £207,070 |
| June 2012 | 1.1% | £203,831 |
| June 2011 | -1% | £201,663 |
| June 2010 | 9.5% | £203,801 |
| June 2009 | -14.9% | £186,085 |
| June 2008 | -4% | £218,732 |
| June 2007 | 0% | £227,829 |
Rental Market Trends
The current average rental value in the street is £1,538.
The Sovereign Way Rental Market has increased by 44.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £1,538pcm |
| June 2025 | 4.9% | £1,498pcm |
| June 2024 | 3.3% | £1,428pcm |
| June 2023 | 4.1% | £1,382pcm |
| June 2022 | 7% | £1,328pcm |
| June 2021 | 7.7% | £1,241pcm |
| June 2020 | 1.7% | £1,153pcm |
| June 2019 | 0.1% | £1,134pcm |
| June 2018 | 3.3% | £1,132pcm |
| June 2017 | 2.9% | £1,096pcm |
| June 2016 | 3.3% | £1,065pcm |
| June 2015 | 3.6% | £1,031pcm |
| June 2014 | 7.5% | £995pcm |
| June 2013 | 4.1% | £926pcm |
| June 2012 | -1.5% | £890pcm |
| June 2011 | 7.5% | £903pcm |
| June 2010 | 4.6% | £840pcm |
| June 2009 | -9% | £803pcm |
| June 2008 | 0.1% | £882pcm |
| June 2007 | 0% | £881pcm |
Sales History
The last sale was on 7th April 2026 for £375,100 and since then the market in the area has decreased by 0.7%. The street has had a total of 9 sales since 1995.
Sovereign Way, Thetford, IP24 has seen 8 sales in the last three years and 1 sale in the last twelve months.
- Sold Apr 2026£375,100 | 4 Bed House3, Sovereign Way, Thetford, IP24 2GG3, Sovereign Way, Thetford, IP24 2GG
- Sold Jul 2024£284,755 | 4 Bed House12, Sovereign Way, Thetford, IP24 2GG12, Sovereign Way, Thetford, IP24 2GG
- Sold Jun 2024£299,950 | 3 Bed House15, Sovereign Way, Thetford, IP24 2GG15, Sovereign Way, Thetford, IP24 2GG
- Sold Jun 2024£307,950 | 4 Bed House10, Sovereign Way, Thetford, IP24 2GG10, Sovereign Way, Thetford, IP24 2GG
- Sold May 2024£379,950 | 4 Bed House3, Sovereign Way, Thetford, IP24 2GG3, Sovereign Way, Thetford, IP24 2GG
Top 3 Most Expensive Sales
- Sold May 2024£379,950 | 4 Bed House3, Sovereign Way, Thetford, IP24 2GG3, Sovereign Way, Thetford, IP24 2GG
- Sold Apr 2026£375,100 | 4 Bed House3, Sovereign Way, Thetford, IP24 2GG3, Sovereign Way, Thetford, IP24 2GG
- Sold Dec 2023£374,950 | 4 Bed House14, Sovereign Way, Thetford, IP24 2GG14, Sovereign Way, Thetford, IP24 2GG
Nearby Streets
Sovereign Way, Thetford, IP24 is the 233rd largest and the 385th most expensive street in the IP24 area.
- Square Rigger Way, Thetford, IP2421 Addresses|54 m away
- Victory Way, Thetford, IP2459 Addresses|54 m away
- Spinnaker Close, Thetford, IP245 Addresses|68 m away
- Donegal Road, Thetford, IP2434 Addresses|89 m away
- Coromandel Road, Thetford, IP2414 Addresses|94 m away
- Clyde Drive, Thetford, IP2413 Addresses|128 m away
Property Types
- 15 modern houses built after 1980
- modern house (15)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (15)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Schools Nearby
- Admirals Academy900 m away
- Raleigh Infant Academy900 m away
- Drake Primary School1.2 km away
- The Thetford Academy1.0 km away
- Breckland School11.6 km away
- Ixworth High School14.7 km away
More reading links
Public Transport Nearby
The closest station to Sovereign Way, Thetford, IP24 - IP24 2GG is Thetford station, which is 2.0 kilometres away.
- Thetford|2.0 km away
- Harling Road|9.7 km away
- Brandon|10.4 km away