Mill Lane - IP24 3BZ
Key Postcode Insights
IP24 3BZ is a residential postcode situated on Mill Lane, Barnham, Thetford, IP24 with 35 addresses.
It ranks as the 645th largest and 328th most expensive of the 734 postcodes in the IP24 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 35 properties: 33 houses and 2 flats.
- Ave. Sale Price
- £245,556
- 10 Year change
- up 20.4%
- Ave. Rental Price
- £1,285pcm
- 10 Year change
- up 42.5%
- Ave. £ per ft²
- £246/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
IP24 3BZ is a residential postcode situated on Mill Lane, Barnham, Thetford, IP24 with 35 addresses.
It ranks as the 645th largest and 328th most expensive of the 734 postcodes in the IP24 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 35 properties: 33 houses and 2 flats.
- Ave. Sale Price
- £245,556
- 10 Year change
- up 20.4%
- Ave. Rental Price
- £1,285pcm
- 10 Year change
- up 42.5%
- Ave. £ per ft²
- £246/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin IP24 3BZ
- Nunthorpe House
5 Bed Period House
- Spanish Close
Unknown
- 2 Mill Lane
3 Bed Period House
- 3 Mill Lane
3 Bed Modern House
- 4 Mill Lane
3 Bed Period House
Sales Market Trends
The last sale in IP24 3BZ sold for £930,000 on 25th March 2025. Since then prices are down an average of 2.3%.
The current average value in the postcode is £245,556.
The IP24 3BZ Sales Market has increased by 20.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.8% | £245,556 |
| June 2025 | -0.1% | £255,323 |
| June 2024 | -2.9% | £255,595 |
| June 2023 | 0.4% | £263,331 |
| June 2022 | 11.3% | £262,411 |
| June 2021 | 6.7% | £235,753 |
| June 2020 | 1.2% | £220,912 |
| June 2019 | 0.8% | £218,270 |
| June 2018 | 2.8% | £216,604 |
| June 2017 | 3.3% | £210,658 |
| June 2016 | 9.2% | £203,971 |
| June 2015 | 7.8% | £186,826 |
| June 2014 | 11.5% | £173,365 |
| June 2013 | 1.4% | £155,540 |
| June 2012 | 0.9% | £153,447 |
| June 2011 | -1.1% | £152,089 |
| June 2010 | 8.1% | £153,770 |
| June 2009 | -15.6% | £142,248 |
| June 2008 | -4% | £168,536 |
| June 2007 | 0% | £175,605 |
Rental Market Trends
The current average rental value in the postcode is £1,285.
The IP24 3BZ Rental Market has increased by 42.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,285pcm |
| June 2025 | 4.8% | £1,249pcm |
| June 2024 | 3.5% | £1,192pcm |
| June 2023 | 3.8% | £1,151pcm |
| June 2022 | 7% | £1,109pcm |
| June 2021 | 6.8% | £1,036pcm |
| June 2020 | 1.2% | £970pcm |
| June 2019 | 0.2% | £959pcm |
| June 2018 | 3.3% | £957pcm |
| June 2017 | 2.8% | £927pcm |
| June 2016 | 2.8% | £902pcm |
| June 2015 | 3.9% | £877pcm |
| June 2014 | 7.6% | £845pcm |
| June 2013 | 3.9% | £785pcm |
| June 2012 | -1.7% | £756pcm |
| June 2011 | 7.5% | £769pcm |
| June 2010 | 3.2% | £715pcm |
| June 2009 | -9.7% | £693pcm |
| June 2008 | 0.1% | £768pcm |
| June 2007 | 0% | £767pcm |
Sales History
The last sale was on 25th March 2025 for £930,000 and since then the market in the area has decreased by 2.3%. The postcode has had a total of 59 sales since 1995.
IP24 3BZ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2025£930,000 | 5 Bed HouseNunthorpe House, Mill Lane, Thetford, IP24 3BZNunthorpe House, Mill Lane, Thetford, IP24 3BZ
- Sold Sep 2022£190,000 | 2 Bed House23, Mill Lane, Thetford, IP24 3BZ23, Mill Lane, Thetford, IP24 3BZ
- Sold Aug 2021£211,000 | 3 Bed House34, Mill Lane, Thetford, IP24 3BZ34, Mill Lane, Thetford, IP24 3BZ
- Sold May 2021£144,000 | 3 Bed House14, Mill Lane, Thetford, IP24 3BZ14, Mill Lane, Thetford, IP24 3BZ
- Sold Mar 2021£285,000 | 4 Bed House36, Mill Lane, Thetford, IP24 3BZ36, Mill Lane, Thetford, IP24 3BZ
Nearby Postcodes
IP24 3BZ is the 645th largest and the 328th most expensive postcode out of the 734 postcodes in the IP24 area.
- IP24 3BY, St. Audreys, Thetford, IP24IP24 3BY17 Addresses|85 m away
- IP24 3BX, Bridges Walk, Thetford, IP24IP24 3BX1 Addresses|93 m away
- IP24 3DD, Bury Road, Barnham, Thetford, IP24IP24 3DD28 Addresses|108 m away
- IP24 3BW, Watermill Green, Thetford, IP24IP24 3BW35 Addresses|120 m away
- IP24 3DE, Bury Road, Barnham, Thetford, IP24IP24 3DE26 Addresses|150 m away
Property Types
- 11 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 8 modern houses built after 1980
- 4 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 9 other addresses of unknown type
- period house (11)
- period flat (2)
- modern house (8)
- mid-century house (4)
- house (1)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 25 properties.
- The most common rating is C.
- A (1)
- E (5)
- B (0)
- F (0)
- C (10)
- G (1)
- D (8)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Mar 2025£930,000 | 5 Bed HouseNunthorpe House, Mill Lane, Thetford, IP24 3BZNunthorpe House, Mill Lane, Thetford, IP24 3BZ
- Sold Mar 2002£495,000 | 5 Bed HouseNunthorpe House, Mill Lane, Thetford, IP24 3BZNunthorpe House, Mill Lane, Thetford, IP24 3BZ
- Sold Jun 2016£420,000 | 5 Bed House22, Mill Lane, Thetford, IP24 3BZ22, Mill Lane, Thetford, IP24 3BZ
Schools Nearby
- Queensway Junior Academy500 m away
- Queensway Infant Academy500 m away
- Norwich Road Academy700 m away
- The Thetford Academy2.0 km away
- Breckland School10.4 km away
- Ixworth High School13.6 km away
More reading links
Public Transport Nearby
The closest station to IP24 3BZ is Thetford station, which is 1.0 kilometres away.
- Thetford|1.0 km away
- Brandon|9.6 km away
- Harling Road|12.0 km away
- Lakenheath|15.1 km away
