Mallow Road - IP24 2TY
Key Postcode Insights
IP24 2TY is a residential postcode situated on Mallow Road, Thetford, IP24 with 23 addresses.
It ranks as the 526th largest and 576th most expensive of the 736 postcodes in the IP24 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 23 properties: 20 houses and 3 other properties.
- Ave. Sale Price
- £306,000
- 10 Year change
- up 19.9%
- Ave. Rental Price
- £1,459pcm
- 10 Year change
- up 45.5%
- Ave. £ per ft²
- £262/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
IP24 2TY is a residential postcode situated on Mallow Road, Thetford, IP24 with 23 addresses.
It ranks as the 526th largest and 576th most expensive of the 736 postcodes in the IP24 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 23 properties: 20 houses and 3 other properties.
- Ave. Sale Price
- £306,000
- 10 Year change
- up 19.9%
- Ave. Rental Price
- £1,459pcm
- 10 Year change
- up 45.5%
- Ave. £ per ft²
- £262/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Properties in IP24 2TY
- 87 Mallow Road
House
- 89 Mallow Road
4 Bed Modern House
- 91 Mallow Road
4 Bed Modern House
- 93 Mallow Road
4 Bed Modern House
- 95 Mallow Road
4 Bed Modern House
Sales Market Trends
The last sale in IP24 2TY sold for £325,000 on 6th February 2026. Since then prices are down an average of 0.2%.
The current average value in the postcode is £306,000.
The IP24 2TY Sales Market has increased by 19.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -4.9% | £306,000 |
| July 2025 | 0.6% | £321,875 |
| July 2024 | -3.4% | £319,855 |
| July 2023 | -0.1% | £330,975 |
| July 2022 | 11.3% | £331,311 |
| July 2021 | 7.9% | £297,653 |
| July 2020 | 1.2% | £275,856 |
| July 2019 | 1.4% | £272,537 |
| July 2018 | 2.6% | £268,905 |
| July 2017 | 2.7% | £262,041 |
| July 2016 | 10.3% | £255,193 |
| July 2015 | 7.2% | £231,284 |
| July 2014 | 11.5% | £215,788 |
| July 2013 | 2.5% | £193,590 |
| July 2012 | 1.1% | £188,812 |
| July 2011 | -2% | £186,779 |
| July 2010 | 10.7% | £190,564 |
| July 2009 | -14.1% | £172,192 |
| July 2008 | -5.9% | £200,492 |
| July 2007 | 0% | £213,146 |
Rental Market Trends
The current average rental value in the postcode is £1,459.
The IP24 2TY Rental Market has increased by 45.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3.3% | £1,459pcm |
| July 2025 | 4.9% | £1,412pcm |
| July 2024 | 3.1% | £1,346pcm |
| July 2023 | 4.3% | £1,305pcm |
| July 2022 | 6.8% | £1,252pcm |
| July 2021 | 8% | £1,172pcm |
| July 2020 | 1.4% | £1,085pcm |
| July 2019 | 0.3% | £1,070pcm |
| July 2018 | 3.2% | £1,068pcm |
| July 2017 | 3.2% | £1,035pcm |
| July 2016 | 2.7% | £1,003pcm |
| July 2015 | 3.8% | £977pcm |
| July 2014 | 8.2% | £941pcm |
| July 2013 | 3.6% | £869pcm |
| July 2012 | -1.7% | £840pcm |
| July 2011 | 7.9% | £854pcm |
| July 2010 | 5% | £792pcm |
| July 2009 | -8.9% | £754pcm |
| July 2008 | -0.5% | £828pcm |
| July 2007 | 0% | £832pcm |
Sales History
The last recorded sale was on 6th February 2026 for £325,000 and since then the market in the area has decreased by 0.2%.
IP24 2TY has had 3 sales since 1995, 1 of them in the last twelve months.
- Sold Feb 2026£325,000 | 4 Bed House91, Mallow Road, Thetford, IP24 2TY91, Mallow Road, Thetford, IP24 2TY
- Sold Nov 2022£332,500 | 4 Bed House106, Mallow Road, Thetford, IP24 2TY106, Mallow Road, Thetford, IP24 2TY
- Sold Nov 2022£250,000 | 3 Bed House128, Mallow Road, Thetford, IP24 2TY128, Mallow Road, Thetford, IP24 2TY
Nearby Postcodes
IP24 2TY is the 526th largest and the 576th most expensive postcode out of the 736 postcodes in the IP24 area.
- IP24 2UD, George Road, Thetford, IP24IP24 2UD24 Addresses|55 m away
- IP24 2UA, Benet Close, Thetford, IP24IP24 2UA11 Addresses|68 m away
- IP24 2UE, Cuthbert Close, Thetford, IP24IP24 2UE19 Addresses|78 m away
- IP24 2UF, Lawrence Road, Thetford, IP24IP24 2UF14 Addresses|148 m away
- IP24 2UQ, Spindle Drive, Thetford, IP24IP24 2UQ65 Addresses|175 m away
Property Types
- 20 modern houses built after 1980
- 3 other addresses of unknown type
- modern house (20)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 20 properties.
- The most common rating is C.
- A (1)
- E (0)
- B (0)
- F (0)
- C (19)
- G (0)
- D (0)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Oct 2022£365,259 | 4 Bed House95, Mallow Road, Thetford, IP24 2TY95, Mallow Road, Thetford, IP24 2TY
- Sold Sep 2022£350,000 | 4 Bed House33, Mallow Road, Thetford, IP24 2YD33, Mallow Road, Thetford, IP24 2YD
- Sold Nov 2018£335,000 | 5 Bed House100, Mallow Road, Thetford, IP24 2TY100, Mallow Road, Thetford, IP24 2TY
Schools Nearby
- Admirals Academy400 m away
- Raleigh Infant Academy400 m away
- Drake Primary School700 m away
- The Thetford Academy1.0 km away
- Breckland School11.3 km away
- Ixworth High School14.2 km away
More reading links
Public Transport Nearby
The closest station to IP24 2TY is Thetford station, which is 1.5 kilometres away.
- Thetford|1.5 km away
- Brandon|10.3 km away
- Harling Road|10.3 km away
- Eccles Road|14.9 km away
