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 524th largest and 567th most expensive of the 734 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
- £301,023
- 10 Year change
- up 22.1%
- Ave. Rental Price
- £1,425pcm
- 10 Year change
- up 44.6%
- 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 524th largest and 567th most expensive of the 734 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
- £301,023
- 10 Year change
- up 22.1%
- Ave. Rental Price
- £1,425pcm
- 10 Year change
- up 44.6%
- 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 have on average remained the same.
The current average value in the postcode is £301,023.
The IP24 2TY Sales Market has increased by 22.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4% | £301,023 |
| June 2025 | 0% | £313,649 |
| June 2024 | -3.1% | £313,647 |
| June 2023 | 0.6% | £323,800 |
| June 2022 | 11.6% | £322,003 |
| June 2021 | 7.3% | £288,576 |
| June 2020 | 1.5% | £268,862 |
| June 2019 | 0.8% | £264,991 |
| June 2018 | 3% | £262,913 |
| June 2017 | 3.6% | £255,322 |
| June 2016 | 9.5% | £246,511 |
| June 2015 | 7.8% | £225,146 |
| June 2014 | 11.5% | £208,805 |
| June 2013 | 1.5% | £187,288 |
| June 2012 | 1.1% | £184,479 |
| June 2011 | -1.1% | £182,481 |
| June 2010 | 9.2% | £184,419 |
| June 2009 | -15% | £168,883 |
| June 2008 | -3.9% | £198,776 |
| June 2007 | 0% | £206,905 |
Rental Market Trends
The current average rental value in the postcode is £1,425.
The IP24 2TY Rental Market has increased by 44.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £1,425pcm |
| June 2025 | 4.9% | £1,388pcm |
| June 2024 | 3.3% | £1,324pcm |
| June 2023 | 4% | £1,281pcm |
| June 2022 | 7.3% | £1,232pcm |
| June 2021 | 7.4% | £1,148pcm |
| June 2020 | 1.4% | £1,069pcm |
| June 2019 | 0.2% | £1,054pcm |
| June 2018 | 3.4% | £1,052pcm |
| June 2017 | 3.1% | £1,017pcm |
| June 2016 | 3.1% | £986pcm |
| June 2015 | 3.9% | £957pcm |
| June 2014 | 7.6% | £921pcm |
| June 2013 | 4% | £856pcm |
| June 2012 | -1.5% | £823pcm |
| June 2011 | 7.5% | £835pcm |
| June 2010 | 4.3% | £776pcm |
| June 2009 | -9.1% | £745pcm |
| June 2008 | 0.2% | £819pcm |
| June 2007 | 0% | £818pcm |
Sales History
The last recorded sale was on 6th February 2026 for £325,000 and since then the market in the area has remained stable.
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 524th largest and the 567th most expensive postcode out of the 734 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