Pennycress Drive - IP24 2TU
Key Street Insights
Pennycress Drive is a residential street with 38 addresses.
It ranks as the 385th largest and 286th 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 38 properties: 38 houses.
- Ave. Sale Price
- £255,183
- 10 Year change
- up 21.9%
- Ave. Rental Price
- £1,312pcm
- 10 Year change
- up 44.3%
- Ave. £ per ft²
- £251/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Street Insights
Pennycress Drive is a residential street with 38 addresses.
It ranks as the 385th largest and 286th 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 38 properties: 38 houses.
- Ave. Sale Price
- £255,183
- 10 Year change
- up 21.9%
- Ave. Rental Price
- £1,312pcm
- 10 Year change
- up 44.3%
- Ave. £ per ft²
- £251/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertieson Pennycress Drive, Thetford, IP24
- 1 Pennycress Drive
3 Bed Modern House
- 2 Pennycress Drive
4 Bed Modern House
- 3 Pennycress Drive
3 Bed Modern House
- 4 Pennycress Drive
3 Bed Modern House
- 5 Pennycress Drive
4 Bed Modern House
Sales Market Trends
The last sale on Pennycress Drive sold for £225,000 on 20th March 2026. Since then prices are down an average of 0.2%.
The current average value in the street is £255,183.
The Pennycress Drive Sales Market has increased by 21.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.8% | £255,183 |
| June 2025 | 0.2% | £265,135 |
| June 2024 | -3.3% | £264,722 |
| June 2023 | 0.4% | £273,793 |
| June 2022 | 11.7% | £272,756 |
| June 2021 | 7.1% | £244,120 |
| June 2020 | 1.3% | £227,867 |
| June 2019 | 0.7% | £224,963 |
| June 2018 | 3.1% | £223,462 |
| June 2017 | 3.5% | £216,810 |
| June 2016 | 9.7% | £209,401 |
| June 2015 | 8.3% | £190,933 |
| June 2014 | 11.8% | £176,342 |
| June 2013 | 1.3% | £157,758 |
| June 2012 | 1.2% | £155,713 |
| June 2011 | -1.2% | £153,818 |
| June 2010 | 8.6% | £155,667 |
| June 2009 | -15.5% | £143,277 |
| June 2008 | -3.9% | £169,596 |
| June 2007 | 0% | £176,431 |
Rental Market Trends
The current average rental value in the street is £1,312.
The Pennycress Drive Rental Market has increased by 44.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,312pcm |
| June 2025 | 5% | £1,274pcm |
| June 2024 | 3.1% | £1,213pcm |
| June 2023 | 3.8% | £1,176pcm |
| June 2022 | 7.4% | £1,133pcm |
| June 2021 | 7.2% | £1,054pcm |
| June 2020 | 1.3% | £983pcm |
| June 2019 | 0.1% | £971pcm |
| June 2018 | 3.5% | £970pcm |
| June 2017 | 3.1% | £937pcm |
| June 2016 | 3.3% | £909pcm |
| June 2015 | 4.3% | £881pcm |
| June 2014 | 7.9% | £844pcm |
| June 2013 | 3.8% | £782pcm |
| June 2012 | -1.3% | £754pcm |
| June 2011 | 7.4% | £764pcm |
| June 2010 | 3.7% | £711pcm |
| June 2009 | -9.6% | £686pcm |
| June 2008 | 0.3% | £759pcm |
| June 2007 | 0% | £757pcm |
Sales History
The last sale was on 20th March 2026 for £225,000 and since then the market in the area has decreased by 0.2%. The street has had a total of 99 sales since 1995.
Pennycress Drive, Thetford, IP24 has seen 7 sales in the last three years and 2 sales in the last twelve months.
- Sold Mar 2026£225,000 | 3 Bed House7, Pennycress Drive, Thetford, IP24 2TU7, Pennycress Drive, Thetford, IP24 2TU
- Sold Dec 2025£280,000 | 3 Bed House21, Pennycress Drive, Thetford, IP24 2TU21, Pennycress Drive, Thetford, IP24 2TU
- Sold Mar 2024£248,500 | 3 Bed House3, Pennycress Drive, Thetford, IP24 2TU3, Pennycress Drive, Thetford, IP24 2TU
- Sold Mar 2024£310,000 | 4 Bed House25, Pennycress Drive, Thetford, IP24 2TU25, Pennycress Drive, Thetford, IP24 2TU
- Sold Oct 2023£278,000 | 4 Bed House24, Pennycress Drive, Thetford, IP24 2TU24, Pennycress Drive, Thetford, IP24 2TU
Top 3 Most Expensive Sales
- Sold May 2022£370,000 | 4 Bed House5, Pennycress Drive, Thetford, IP24 2TU5, Pennycress Drive, Thetford, IP24 2TU
- Sold Jun 2023£339,000 | 4 Bed House27, Pennycress Drive, Thetford, IP24 2TU27, Pennycress Drive, Thetford, IP24 2TU
- Sold Mar 2024£310,000 | 4 Bed House25, Pennycress Drive, Thetford, IP24 2TU25, Pennycress Drive, Thetford, IP24 2TU
Nearby Streets
Pennycress Drive, Thetford, IP24 is the 385th largest and the 286th most expensive street in the IP24 area.
- Peter Drive, Thetford, IP2411 Addresses|127 m away
- Valerian Rise, Thetford, IP249 Addresses|129 m away
- Comfrey Way, Thetford, IP2466 Addresses|132 m away
- Charlock Road, Thetford, IP2435 Addresses|174 m away
- Woodruff Road, Thetford, IP2449 Addresses|179 m away
- Lawrence Road, Thetford, IP2414 Addresses|187 m away
Property Types
- 34 modern houses built after 1980
- 2 houses of an unknown age
- 2 other addresses of unknown type
- modern house (34)
- house (2)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 34 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (28)
- G (0)
- D (6)
- No EPC (4)
Schools Nearby
- Admirals Academy700 m away
- Raleigh Infant Academy700 m away
- Drake Primary School1.0 km away
- The Thetford Academy1.2 km away
- Breckland School11.6 km away
- Ixworth High School14.2 km away
More reading links
Public Transport Nearby
The closest station to Pennycress Drive, Thetford, IP24 - IP24 2TU is Thetford station, which is 1.8 kilometres away.
- Thetford|1.8 km away
- Harling Road|10.0 km away
- Brandon|10.6 km away
