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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
IP24 2QYHouse Prices / East of England, West Suffolk, Fakenham Magna, Thetford
Last updated May 2026
Key Postcode Insights
IP24 2QY is a residential postcode situated on Fakenham Magna, Thetford, IP24 with 9 addresses.
It ranks as the 259th largest and 658th most expensive of the 733 postcodes in the IP24 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 9 properties: 9 houses.
9
Properties
- Houses
Key Postcode Insights
IP24 2QY is a residential postcode situated on Fakenham Magna, Thetford, IP24 with 9 addresses.
It ranks as the 259th largest and 658th most expensive of the 733 postcodes in the IP24 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 9 properties: 9 houses.
9
Properties
- Houses
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House Pricesin IP24 2QY
Sale prices range from £325,193 for 3 bedroom freehold houses with a garden (882 ft2) to £493,728 for 5 bedroom freehold houses with a garden (1,809 ft2) .
Monthly rental prices range from £1,324 pcm for 3 bed houses to £1,901 pcm for 5 bed houses.
The gross rental yield is between 4.6% and 5.2%.
The average value per square foot is £292.
Average Sale Value
£403,740
Average Rental Value
£1,646 pcm
Average Rental Yield
4.9% /year
Average Value Per Sqft
£292 /ft2
Sales Market Trendsin IP24 2QY
The last sale in IP24 2QY sold for £320,000 on 3rd September 2020. Since then prices are up an average of 10.3%.
The current average value in the postcode is £403,740.
The IP24 2QY Sales Market has increased by 24.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.2% | £403,740 |
| April 2025 | -0.7% | £416,902 |
| April 2024 | -3.6% | £419,844 |
| April 2023 | 2.5% | £435,600 |
| April 2022 | 11.3% | £424,884 |
| April 2021 | 6.1% | £381,633 |
| April 2020 | 1.2% | £359,826 |
| April 2019 | 0.7% | £355,639 |
| April 2018 | 3.3% | £353,221 |
| April 2017 | 5.6% | £342,062 |
| April 2016 | 7.9% | £323,797 |
| April 2015 | 10.1% | £300,192 |
| April 2014 | 10.6% | £272,752 |
| April 2013 | 3.8% | £246,601 |
| April 2012 | -0.9% | £237,493 |
| April 2011 | 1.5% | £239,729 |
| April 2010 | 3.6% | £236,125 |
| April 2009 | -15.8% | £227,840 |
| April 2008 | 1.5% | £270,589 |
| April 2007 | 0% | £266,584 |
Rental Market Trendsin IP24 2QY
The current average rental value in the postcode is £1,646.
The IP24 2QY Rental Market has increased by 44.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £1,646pcm |
| April 2025 | 4.8% | £1,608pcm |
| April 2024 | 3.6% | £1,535pcm |
| April 2023 | 4.4% | £1,482pcm |
| April 2022 | 7.7% | £1,420pcm |
| April 2021 | 7% | £1,318pcm |
| April 2020 | 1.1% | £1,232pcm |
| April 2019 | 0.5% | £1,218pcm |
| April 2018 | 3.4% | £1,213pcm |
| April 2017 | 2.7% | £1,173pcm |
| April 2016 | 4.1% | £1,142pcm |
| April 2015 | 5% | £1,098pcm |
| April 2014 | 5.6% | £1,046pcm |
| April 2013 | 6.3% | £990pcm |
| April 2012 | -0.2% | £931pcm |
| April 2011 | 6.2% | £933pcm |
| April 2010 | 2% | £878pcm |
| April 2009 | -8.2% | £861pcm |
| April 2008 | 2.1% | £938pcm |
| April 2007 | 0% | £919pcm |
Explore Propertiesin IP24 2QY, Fakenham Magna, Thetford, IP24
- 1 Broom Hill, Thetford, IP24 2QY3 bed period house
- 1 Hilltop Cottage, Thetford, IP24 2QY3 bed period house
- 2 Broom Hill, Thetford, IP24 2QY
- 2 Hilltop Cottage, Thetford, IP24 2QY3 bed period house
- 3 Broom Hill, Thetford, IP24 2QY4 bed period house
- 4 Broom Hill, Thetford, IP24 2QY
- Lilac Cottage, Thetford, IP24 2QY4 bed mid-century house
- The Croft, Thetford, IP24 2QY5 bed house
- White Cottage, Thetford, IP24 2QY
Sales Historyin IP24 2QY
The last sale was on 3rd September 2020 for £320,000 and since then the market in the area has increased by 10.3%. The postcode has had a total of 9 sales since 1995.
IP24 2QY has seen no sales in the last three years and no sales in the last twelve months.
Sold Sep 2020£320,000 | 3 Bed House1 Broom Hill, Thetford, IP24 2QY
Sold Aug 2013£315,000 | 4 Bed HouseLilac Cottage, Thetford, IP24 2QY
Sold Aug 2011£245,000 | 5 Bed HouseThe Croft, Thetford, IP24 2QY
Sold Dec 2006£360,000 | 4 Bed HouseLilac Cottage, Thetford, IP24 2QY
Sold May 2005£185,250 | 3 Bed House1 Broom Hill, Thetford, IP24 2QY
Sold Nov 2002£172,500 | 3 Bed House1 Broom Hill, Thetford, IP24 2QY
Sold Jul 2001£84,000 | 5 Bed House4 Broom Hill, Thetford, IP24 2QY
Sold Jun 2000£179,950 | 4 Bed HouseLilac Cottage, Thetford, IP24 2QY
Sold Jun 1997£121,730 | 4 Bed HouseLilac Cottage, Thetford, IP24 2QY
Nearby Postcodesto IP24 2QY
IP24 2QY is the 259th largest and the 658th most expensive postcode out of the 733 postcodes in the IP24 area.
- 531 mIP24 2QX, Thetford Road, Fakenham Magna, Thetford, IP24IP24 2QX36 Addresses
- 694 mIP24 2QU, Park Ride, Fakenham Magna, Thetford, IP24IP24 2QU9 Addresses
- 798 mIP24 2QS, Euston Road, Fakenham Magna, Thetford, IP24IP24 2QS4 Addresses
- 1.1 kmIP24 2QT, Euston, Thetford, IP24IP24 2QT3 Addresses
- 1.7 kmIP24 2QR, Fakenham Magna, Thetford, IP24IP24 2QR1 Addresses
- 2.2 kmIP24 2QJ, Euston, Thetford, IP24IP24 2QJ1 Addresses
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Property Typesin IP24 2QY
- 4 period houses built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 3 other addresses of unknown type
- period house (4)
- mid-century house (1)
- house (1)
- Unknown (3)
Energy Efficiencyof properties in IP24 2QY
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The dominant rating is E.
- A (0)
- E (3)
- B (0)
- F (1)
- C (0)
- G (0)
- D (1)
- No EPC (4)
Top 3 Most Expensive Saleson Fakenham Magna, Thetford
Schools Nearbyto IP24 2QY
The nearest primary school to IP24 2QY is Honington Church of England Primary School which is 1.8 kilometres away.
- 1.8kmHonington Church of England Primary School
- 4.1kmBardwell Church of England Primary School
- 4.8kmBarnham Church of England Voluntary Controlled Primary School
The nearest secondary school is Ixworth High School which is 6.2 kilometres away.
- 6.2kmIxworth High School
- 9.0kmThe Thetford Academy
- 10.7kmThurston Community College
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Public Transport Nearbyto IP24 2QY
The closest station to IP24 2QY is Thetford station which is 8.4 kilometres away.
- 8.4kmThetford
- 11.2kmThurston
- 12.3kmBury St Edmunds
- 13.7kmHarling Road
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