Melford Bridge Road - IP24 2HG
Key Postcode Insights
IP24 2HG is a residential postcode situated on Melford Bridge Road, Thetford, IP24 with 11 addresses.
It ranks as the 300th largest and 113th 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 11 properties: 11 houses.
- Ave. Sale Price
- £176,974
- 10 Year change
- up 22.1%
- Ave. Rental Price
- £1,069pcm
- 10 Year change
- up 44.5%
- Ave. £ per ft²
- £264/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Key Postcode Insights
IP24 2HG is a residential postcode situated on Melford Bridge Road, Thetford, IP24 with 11 addresses.
It ranks as the 300th largest and 113th 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 11 properties: 11 houses.
- Ave. Sale Price
- £176,974
- 10 Year change
- up 22.1%
- Ave. Rental Price
- £1,069pcm
- 10 Year change
- up 44.5%
- Ave. £ per ft²
- £264/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Explore Propertiesin IP24 2HG
- 64 Melford Bridge Road
Unknown
- 68 Melford Bridge Road
2 Bed Period House
- 70 Melford Bridge Road
Unknown
- 72 Melford Bridge Road
Unknown
- 74 Melford Bridge Road
2 Bed Period House
Sales Market Trends
The last sale in IP24 2HG sold for £124,000 on 10th March 2026. Since then prices are down an average of 0.1%.
The current average value in the postcode is £176,974.
The IP24 2HG Sales Market has increased by 22.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.9% | £176,974 |
| June 2025 | 0.1% | £184,247 |
| June 2024 | -3.2% | £184,154 |
| June 2023 | 0.5% | £190,219 |
| June 2022 | 11.8% | £189,303 |
| June 2021 | 7.2% | £169,389 |
| June 2020 | 1.3% | £158,050 |
| June 2019 | 0.8% | £156,020 |
| June 2018 | 3% | £154,808 |
| June 2017 | 3.6% | £150,241 |
| June 2016 | 9.5% | £144,958 |
| June 2015 | 8.1% | £132,433 |
| June 2014 | 11.6% | £122,515 |
| June 2013 | 1.4% | £109,759 |
| June 2012 | 1.1% | £108,212 |
| June 2011 | -1.1% | £106,989 |
| June 2010 | 8.9% | £108,181 |
| June 2009 | -15.2% | £99,351 |
| June 2008 | -3.9% | £117,208 |
| June 2007 | 0% | £121,946 |
Rental Market Trends
The current average rental value in the postcode is £1,069.
The IP24 2HG Rental Market has increased by 44.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £1,069pcm |
| June 2025 | 4.9% | £1,040pcm |
| June 2024 | 3.3% | £992pcm |
| June 2023 | 3.9% | £960pcm |
| June 2022 | 7.5% | £924pcm |
| June 2021 | 7.3% | £860pcm |
| June 2020 | 1.3% | £802pcm |
| June 2019 | 0.2% | £792pcm |
| June 2018 | 3.5% | £790pcm |
| June 2017 | 3.2% | £763pcm |
| June 2016 | 3% | £740pcm |
| June 2015 | 4.2% | £718pcm |
| June 2014 | 7.7% | £689pcm |
| June 2013 | 3.9% | £640pcm |
| June 2012 | -1.4% | £616pcm |
| June 2011 | 7.5% | £625pcm |
| June 2010 | 4% | £581pcm |
| June 2009 | -9.3% | £559pcm |
| June 2008 | 0.2% | £616pcm |
| June 2007 | 0% | £615pcm |
Sales History
The last sale was on 10th March 2026 for £124,000 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 30 sales since 1995.
IP24 2HG has seen 4 sales in the last three years and 3 sales in the last twelve months.
- Sold Mar 2026£124,000 | 2 Bed House74, Melford Bridge Road, Thetford, IP24 2HG74, Melford Bridge Road, Thetford, IP24 2HG
- Sold Feb 2026£170,000 | 2 Bed House76, Melford Bridge Road, Thetford, IP24 2HG76, Melford Bridge Road, Thetford, IP24 2HG
- Sold Aug 2025£111,000 | 2 Bed House76, Melford Bridge Road, Thetford, IP24 2HG76, Melford Bridge Road, Thetford, IP24 2HG
- Sold Jul 2023£125,000 | 2 Bed House74, Melford Bridge Road, Thetford, IP24 2HG74, Melford Bridge Road, Thetford, IP24 2HG
- Sold Mar 2020£138,000 | 3 Bed House86, Melford Bridge Road, Thetford, IP24 2HG86, Melford Bridge Road, Thetford, IP24 2HG
Nearby Postcodes
IP24 2HG is the 300th largest and the 113th most expensive postcode out of the 734 postcodes in the IP24 area.
- IP24 2DN, Castle Street, Thetford, IP24IP24 2DN25 Addresses|91 m away
- IP24 2HH, Melford Bridge Road, Thetford, IP24IP24 2HH37 Addresses|108 m away
- IP24 2DD, Norfolk Road, Thetford, IP24IP24 2DD12 Addresses|121 m away
- IP24 2DB, Norfolk Road, Thetford, IP24IP24 2DB21 Addresses|122 m away
- IP24 2HJ, Melford Common, Thetford, IP24IP24 2HJ14 Addresses|126 m away
Property Types
- 6 period houses built between 1800 and 1911
- 2 houses of an unknown age
- 3 other addresses of unknown type
- period house (6)
- house (2)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (4)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Jun 2018£345,000 | 5 Bed House88, Melford Bridge Road, Thetford, IP24 2HG88, Melford Bridge Road, Thetford, IP24 2HG
- Sold Aug 2007£247,500 | 4 Bed House82, Melford Bridge Road, Thetford, IP24 2HG82, Melford Bridge Road, Thetford, IP24 2HG
- Sold Jun 2007£242,500 | 5 Bed House88, Melford Bridge Road, Thetford, IP24 2HG88, Melford Bridge Road, Thetford, IP24 2HG
Schools Nearby
- Norwich Road Academy500 m away
- Drake Primary School900 m away
- Admirals Academy1.0 km away
- The Thetford Academy1.6 km away
- Breckland School10.8 km away
- Ixworth High School13.7 km away
More reading links
Public Transport Nearby
The closest station to IP24 2HG is Thetford station, which is 1.0 kilometres away.
- Thetford|1.0 km away
- Brandon|10.0 km away
- Harling Road|11.3 km away
- Lakenheath|15.5 km away
