Elm Road - IP24 3HW
Key Postcode Insights
IP24 3HW is a residential postcode situated on Elm Road, Thetford, IP24 with 38 addresses.
It ranks as the 670th largest and 139th most expensive of the 734 postcodes in the IP24 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 38 properties: 38 houses.
- Ave. Sale Price
- £163,068
- 10 Year change
- up 21.9%
- Ave. Rental Price
- £1,003pcm
- 10 Year change
- up 44.3%
- Ave. £ per ft²
- £185/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Key Postcode Insights
IP24 3HW is a residential postcode situated on Elm Road, Thetford, IP24 with 38 addresses.
It ranks as the 670th largest and 139th most expensive of the 734 postcodes in the IP24 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 38 properties: 38 houses.
- Ave. Sale Price
- £163,068
- 10 Year change
- up 21.9%
- Ave. Rental Price
- £1,003pcm
- 10 Year change
- up 44.3%
- Ave. £ per ft²
- £185/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Explore Propertiesin IP24 3HW
- 56 Elm Road
Unknown
- 58 Elm Road
3 Bed Mid-century House
- 60 Elm Road
Unknown
- 62 Elm Road
3 Bed Mid-century House
- 64 Elm Road
3 Bed Mid-century House
Sales Market Trends
The last sale in IP24 3HW sold for £200,000 on 21st March 2024. Since then prices are down an average of 2.5%.
The current average value in the postcode is £163,068.
The IP24 3HW Sales Market has increased by 21.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.5% | £163,068 |
| June 2025 | 0.3% | £168,966 |
| June 2024 | -3.5% | £168,401 |
| June 2023 | 0.1% | £174,473 |
| June 2022 | 12.6% | £174,364 |
| June 2021 | 6.4% | £154,894 |
| June 2020 | 0.6% | £145,619 |
| June 2019 | 0.7% | £144,766 |
| June 2018 | 3.4% | £143,797 |
| June 2017 | 4% | £139,064 |
| June 2016 | 9.4% | £133,753 |
| June 2015 | 9.4% | £122,260 |
| June 2014 | 12.3% | £111,735 |
| June 2013 | 0.9% | £99,513 |
| June 2012 | 1.4% | £98,589 |
| June 2011 | -1.4% | £97,218 |
| June 2010 | 7.3% | £98,576 |
| June 2009 | -16.2% | £91,846 |
| June 2008 | -3.7% | £109,616 |
| June 2007 | 0% | £113,800 |
Rental Market Trends
The current average rental value in the postcode is £1,003.
The IP24 3HW Rental Market has increased by 44.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,003pcm |
| June 2025 | 5.2% | £971pcm |
| June 2024 | 2.9% | £923pcm |
| June 2023 | 3.5% | £897pcm |
| June 2022 | 8.2% | £866pcm |
| June 2021 | 6.5% | £800pcm |
| June 2020 | 0.5% | £751pcm |
| June 2019 | 0.1% | £747pcm |
| June 2018 | 3.8% | £747pcm |
| June 2017 | 3.5% | £719pcm |
| June 2016 | 3% | £695pcm |
| June 2015 | 5.4% | £675pcm |
| June 2014 | 8.4% | £640pcm |
| June 2013 | 3.4% | £591pcm |
| June 2012 | -1.2% | £571pcm |
| June 2011 | 7.2% | £578pcm |
| June 2010 | 2.5% | £539pcm |
| June 2009 | -10.4% | £526pcm |
| June 2008 | 0.5% | £587pcm |
| June 2007 | 0% | £584pcm |
Sales History
The last sale was on 21st March 2024 for £200,000 and since then the market in the area has decreased by 2.5%. The postcode has had a total of 53 sales since 1995.
IP24 3HW has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2024£200,000 | 3 Bed House128, Elm Road, Thetford, IP24 3HW128, Elm Road, Thetford, IP24 3HW
- Sold Mar 2024£170,000 | 3 Bed House66, Elm Road, Thetford, IP24 3HW66, Elm Road, Thetford, IP24 3HW
- Sold Nov 2022£170,000 | 3 Bed House74, Elm Road, Thetford, IP24 3HW74, Elm Road, Thetford, IP24 3HW
- Sold Nov 2019£140,000 | 3 Bed House66, Elm Road, Thetford, IP24 3HW66, Elm Road, Thetford, IP24 3HW
- Sold Oct 2019£170,000 | 3 Bed House100, Elm Road, Thetford, IP24 3HW100, Elm Road, Thetford, IP24 3HW
Nearby Postcodes
IP24 3HW is the 670th largest and the 139th most expensive postcode out of the 734 postcodes in the IP24 area.
- IP24 3HL, Elm Road, Thetford, IP24IP24 3HL23 Addresses|59 m away
- IP24 3HA, Fir Road, Thetford, IP24IP24 3HA6 Addresses|82 m away
- IP24 3HB, Fir Road, Thetford, IP24IP24 3HB4 Addresses|83 m away
- IP24 3EX, Fir Road, Thetford, IP24IP24 3EX31 Addresses|91 m away
- IP24 3EY, Fir Road, Thetford, IP24IP24 3EY18 Addresses|124 m away
Property Types
- 24 mid-century houses built between 1936 and 1979
- 14 other addresses of unknown type
- mid-century house (24)
- Unknown (14)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 24 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (8)
- G (1)
- D (13)
- No EPC (14)
Top 3 Most Expensive Sales
- Sold Aug 2023£205,000 | 3 Bed House30, Elm Road, Thetford, IP24 3HN30, Elm Road, Thetford, IP24 3HN
- Sold Mar 2024£200,000 | 3 Bed House128, Elm Road, Thetford, IP24 3HW128, Elm Road, Thetford, IP24 3HW
- Sold Aug 2022£195,000 | 3 Bed House111, Elm Road, Thetford, IP24 3HL111, Elm Road, Thetford, IP24 3HL
Schools Nearby
- Queensway Infant Academy800 m away
- Queensway Junior Academy800 m away
- Redcastle Family School1.0 km away
- The Thetford Academy3.2 km away
- Breckland School9.8 km away
- Ixworth High School13.4 km away
More reading links
Public Transport Nearby
The closest station to IP24 3HW is Thetford station, which is 2.0 kilometres away.
- Thetford|2.0 km away
- Brandon|9.4 km away
- Harling Road|13.2 km away
- Lakenheath|14.5 km away