Admirals Way - IP24 2LB
Key Postcode Insights
IP24 2LB is a residential postcode situated on Admirals Way, Thetford, IP24 with 7 addresses.
It ranks as the 212th largest and 117th most expensive of the 734 postcodes in the IP24 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 7 properties: 4 houses and 3 flats.
- Ave. Sale Price
- £130,655
- 10 Year change
- up 16.2%
- Ave. Rental Price
- £831pcm
- 10 Year change
- up 37.5%
- Ave. £ per ft²
- £211/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Key Postcode Insights
IP24 2LB is a residential postcode situated on Admirals Way, Thetford, IP24 with 7 addresses.
It ranks as the 212th largest and 117th most expensive of the 734 postcodes in the IP24 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 7 properties: 4 houses and 3 flats.
- Ave. Sale Price
- £130,655
- 10 Year change
- up 16.2%
- Ave. Rental Price
- £831pcm
- 10 Year change
- up 37.5%
- Ave. £ per ft²
- £211/ft²
- Ave. Gross Yield
- 7.6%/year/yr
Explore Propertiesin IP24 2LB
- 23A Admirals Way
Unknown
- 25A Admirals Way
2 Bed Mid-century Flat
- 27A Admirals Way
2 Bed Mid-century Flat
- 29A Admirals Way
2 Bed Mid-century Flat
- 31A Admirals Way
3 Bed House
Sales Market Trends
The last sale in IP24 2LB sold for £310,000 on 30th September 2022. Since then prices are down an average of 7.2%.
The current average value in the postcode is £130,655.
The IP24 2LB Sales Market has increased by 16.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.2% | £130,655 |
| June 2025 | -0.3% | £135,016 |
| June 2024 | -2.9% | £135,459 |
| June 2023 | 0% | £139,488 |
| June 2022 | 10.5% | £139,543 |
| June 2021 | 5.9% | £126,300 |
| June 2020 | 0.9% | £119,310 |
| June 2019 | 0.3% | £118,247 |
| June 2018 | 2.3% | £117,924 |
| June 2017 | 2.5% | £115,261 |
| June 2016 | 9.4% | £112,450 |
| June 2015 | 8% | £102,814 |
| June 2014 | 11.4% | £95,233 |
| June 2013 | 1.1% | £85,477 |
| June 2012 | 0.5% | £84,539 |
| June 2011 | -1.3% | £84,105 |
| June 2010 | 6.5% | £85,225 |
| June 2009 | -16.7% | £80,048 |
| June 2008 | -4.1% | £96,045 |
| June 2007 | 0% | £100,141 |
Rental Market Trends
The current average rental value in the postcode is £831.
The IP24 2LB Rental Market has increased by 37.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £831pcm |
| June 2025 | 4.5% | £803pcm |
| June 2024 | 3.6% | £768pcm |
| June 2023 | 3.4% | £741pcm |
| June 2022 | 6.2% | £717pcm |
| June 2021 | 6% | £675pcm |
| June 2020 | 0.9% | £637pcm |
| June 2019 | -0.3% | £632pcm |
| June 2018 | 2.8% | £634pcm |
| June 2017 | 2% | £617pcm |
| June 2016 | 3% | £604pcm |
| June 2015 | 4% | £587pcm |
| June 2014 | 7.5% | £564pcm |
| June 2013 | 3.6% | £525pcm |
| June 2012 | -2% | £506pcm |
| June 2011 | 7.3% | £517pcm |
| June 2010 | 1.7% | £482pcm |
| June 2009 | -10.8% | £474pcm |
| June 2008 | 0% | £532pcm |
| June 2007 | 0% | £532pcm |
Sales History
The last sale was on 30th September 2022 for £310,000 and since then the market in the area has decreased by 7.2%. The postcode has had a total of 13 sales since 1995.
IP24 2LB has seen no sales in the last three years and no sales in the last twelve months.
- Sold Sep 2022£310,000 | 3 Bed House33A, Admirals Way, Thetford, IP24 2LB33A, Admirals Way, Thetford, IP24 2LB
- Sold Aug 2022£175,000 | 3 Bed House31A, Admirals Way, Thetford, IP24 2LB31A, Admirals Way, Thetford, IP24 2LB
- Sold May 2021£125,000 | 2 Bed Flat29A, Admirals Way, Thetford, IP24 2LB29A, Admirals Way, Thetford, IP24 2LB
- Sold Aug 2020£81,500 | 2 Bed Flat27A, Admirals Way, Thetford, IP24 2LB27A, Admirals Way, Thetford, IP24 2LB
- Sold Jan 2013£58,000 | 2 Bed Flat27A, Admirals Way, Thetford, IP24 2LB27A, Admirals Way, Thetford, IP24 2LB
Nearby Postcodes
IP24 2LB is the 212th largest and the 117th most expensive postcode out of the 734 postcodes in the IP24 area.
- IP24 2LS, Ramsey Close, Thetford, IP24IP24 2LS18 Addresses|56 m away
- IP24 2LX, Harwood Avenue, Thetford, IP24IP24 2LX4 Addresses|65 m away
- IP24 2LA, Mountbatten Close, Thetford, IP24IP24 2LA16 Addresses|68 m away
- IP24 2LL, Admirals Way, Thetford, IP24IP24 2LL13 Addresses|86 m away
- IP24 2JU, Jellicoe Place, Thetford, IP24IP24 2JU13 Addresses|150 m away
Property Types
- 3 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 3 other addresses of unknown type
- mid-century flat (3)
- house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (2)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Jun 2022£325,000 | 4 Bed House5, Admirals Way, Thetford, IP24 2JT5, Admirals Way, Thetford, IP24 2JT
- Sold Sep 2022£310,000 | 3 Bed House33A, Admirals Way, Thetford, IP24 2LB33A, Admirals Way, Thetford, IP24 2LB
- Sold Dec 2015£260,000 | 4 Bed House2, Admirals Way, Thetford, IP24 2JT2, Admirals Way, Thetford, IP24 2JT
Schools Nearby
- Admirals Academy100 m away
- Raleigh Infant Academy100 m away
- Drake Primary School400 m away
- The Thetford Academy600 m away
- Breckland School11.0 km away
- Ixworth High School14.5 km away
More reading links
Public Transport Nearby
The closest station to IP24 2LB is Thetford station, which is 1.2 kilometres away.
- Thetford|1.2 km away
- Brandon|9.9 km away
- Harling Road|10.5 km away
- Eccles Road|15.0 km away
