IP24 3EH is a residential postcode situated on St. Michaels Close, Thetford, IP24 with 38 addresses.
It ranks as the 668th largest and 49th most expensive of the 733 postcodes in the IP24 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 38 properties: 14 houses and 24 flats.
IP24 3EH is a residential postcode situated on St. Michaels Close, Thetford, IP24 with 38 addresses.
It ranks as the 668th largest and 49th most expensive of the 733 postcodes in the IP24 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 38 properties: 14 houses and 24 flats.
Sale prices range from £99,431 for 2 bedroom leasehold flats (527 ft2) to £319,337 for 5 bedroom freehold houses with a garden (2,378 ft2) .
Monthly rental prices range from £607 pcm for 2 bed flats to £1,813 pcm for 5 bed houses.
The gross rental yield is between 6.8% and 7.3%.
The average value per square foot is £175.
The last sale in IP24 3EH sold for £115,000 on 12th August 2022. Since then prices are down an average of 6.6%.
The current average value in the postcode is £138,437.
The IP24 3EH Sales Market has increased by 20.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.7% | £138,437 |
| April 2025 | -0.7% | £142,219 |
| April 2024 | -3.4% | £143,191 |
| April 2023 | 1.8% | £148,235 |
| April 2022 | 11% | £145,663 |
| April 2021 | 5.1% | £131,207 |
| April 2020 | 0.8% | £124,807 |
| April 2019 | 0.4% | £123,836 |
| April 2018 | 3% | £123,353 |
| April 2017 | 4.3% | £119,703 |
| April 2016 | 7.8% | £114,722 |
| April 2015 | 10.4% | £106,419 |
| April 2014 | 10.8% | £96,431 |
| April 2013 | 2.6% | £87,019 |
| April 2012 | -1.5% | £84,825 |
| April 2011 | 1.8% | £86,131 |
| April 2010 | 1.6% | £84,614 |
| April 2009 | -16.9% | £83,249 |
| April 2008 | 1.1% | £100,208 |
| April 2007 | 0% | £99,083 |
The current average rental value in the postcode is £833.
The IP24 3EH Rental Market has increased by 38.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £833pcm |
| April 2025 | 4.8% | £809pcm |
| April 2024 | 3.6% | £772pcm |
| April 2023 | 3.2% | £745pcm |
| April 2022 | 7.4% | £722pcm |
| April 2021 | 5.8% | £673pcm |
| April 2020 | 0.7% | £636pcm |
| April 2019 | 0.1% | £631pcm |
| April 2018 | 3.3% | £631pcm |
| April 2017 | 1.8% | £610pcm |
| April 2016 | 3.6% | £599pcm |
| April 2015 | 5% | £579pcm |
| April 2014 | 5.6% | £551pcm |
| April 2013 | 5.3% | £522pcm |
| April 2012 | -1% | £496pcm |
| April 2011 | 7% | £501pcm |
| April 2010 | 0.2% | £468pcm |
| April 2009 | -9.3% | £467pcm |
| April 2008 | 1.2% | £515pcm |
| April 2007 | 0% | £509pcm |
The last sale was on 12th August 2022 for £115,000 and since then the market in the area has decreased by 6.6%. The postcode has had a total of 17 sales since 1995.
IP24 3EH has seen no sales in the last three years and no sales in the last twelve months.
IP24 3EH is the 668th largest and the 49th most expensive postcode out of the 733 postcodes in the IP24 area.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around IP24 3EH, 39.0% of property is socially rented and 29.3% is privately owned outright.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around IP24 3EH, 13.7% of residents are recorded as possessing school level qualifications and 15.7% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around IP24 3EH, the average age was 38.1 and the most common age was 7.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around IP24 3EH, 0.8% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around IP24 3EH, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.